Key stock indices of Europe showed positive dynamics supported by the agreement on control of the nuclear program in Iran. So, Iran refused uranium enrichment for the next six months in exchange for mitigation of the economic sanctions concerning export of Oil, cars and precious metals. Based on that, following the results of the trading session the key index of Great Britain, the FTSE 100, increased by 0.3%.The French CAC 40 became 0.55% heavier, and the German DAX went to a plus by 0.88%.
The American market has also started the first day of the trading week on a positive note, but by the end of the day, indices showed different results. The S&P index shows growth for the last seven weeks, supported by the idea of preservation of volume of the program of quantitative easing by the FED. "The day before it became known that a number of banks made the statement that if FED will start to cut the quantitative program and will make interest on deposits negative, banks will start to take money from clients for bank deposits”, - the experts make comments, noting that this information justifies a turn in Oil and Gold, and also the equity market can receive the next portion of free cash.
Following the results of the trading session, the Dow Jones index added 0.04% and reached a level of 16072.54 points, S&P decreased by 0.12%, to the level of 1802.48 points, Nasdaq appeared in a plus for 0.07% and made 3994.57 points.
Asian markets this morning are moving in a different direction too. Japanese Nikkei is going down by 0.11%, correcting after a four-day growth against the strengthening Yen in relation to the Dollar. The Chinese Shanghai Composite grew by 0.01%, the Korean KOSPI added 0.14%, the Hong Kong HANG SENG grew by 0.21%.
Prices of commodities restored losses we witnessed yesterday. Brent is traded on 110.59$ per barrel, Light is up to 94.46$ per barrel. Gold is increasing by 1.00% and is on the level of 1253.64$ per troy ounce. Silver managed to return back to the level above 20.00$ adding 1.41% and is traded on a price of 20.16$ per troy ounce.
Today there is not going to be a lot of important macroeconomic statistical data published. Important data to pay attention to is the release of September’s data on quantity of new buildings in the USA, where growth to 908 thousand houses is predicted.