The windows of the second largest economy on the planet, China, reflected in the stock markets on Monday. The trade surplus was US $ 54.5 billion in November, up from $ 45.4 billion in October. Exports rose 4.7% and imports had low of 6.7% in the year.
The markets also were influenced by the price of Brent oil. The price per barrel for January delivery closed on Monday in low of 4.16% on the London futures market, at US $ 66.19.
The devaluation of oil, which has lost 40 % of the value since June, has widened since the Organization of Petroleum Exporting Countries (OPEC) decided in November not reduce its production to stabilize the market. This variation dropped the bags in Europe.
Here, the São Paulo Stock Exchange was also rocked by the Chinese numbers, days of little turnover. Vale’s shares, which are influenced by China, and Petrobras, weighed in retreat that Ibovespa closed at 50,274 points, a decrease of 3.31%.
The US dollar has appreciated and broke the £ 2.60, and the interest they closed up.
ASIA
The grants ended without direction, with the shares of energy companies pulling markets.
The SSE Composite reached 3000 points for the first time since 2011.
At the end of this journey, in Hong Kong, the main indicator, the Hang Seng rose 0, 19% at 24,047 points; in China, the SSE Composite Index, the Shanghai Stock Exchange, grew 2.81% to 3,020 points; in South Korea, the KOSPI Composite Index fell 0.39% to 1,978 points; India, the BSE index, the Bombay stock exchange slowed 1.19% to 28,119 points; in Taiwan, the main indicator, the TSEC Weighted lost 0.21% to 9,187 points; and in Japan, the Nikkei 225 index, the Tokyo Stock Exchange, advanced 0.08% to 17,935 points.
The Gross Domestic Product (GDP) of Japan contracted 0.5% in the third quarter, coming lower than expected by the market, falling 0.1%. In the quarter there was an unexpected drop in business investment, result in lower consumer spending from the tax increase in April.
EUROPE
The scholarships retreated strong, influenced by construction and energy companies, after a four-week rally.
Today, in London, the Stoxx Europe 600 index slipped 0.7%, to 348.61 points to stay at the close of trading, after a 1.1% gain last week.
The Sika AG fell to a record 22% and Cie. Saint-Gobain, down 6.2%, after offering 2.75 billion Swiss francs ($ 2.8 billion) to buy a stake in Sika, manufacturer of construction chemicals. This triggered a battle with the administration of the Swiss company, which said the agreement lacks industrial logic.
Energy companies also declined, with Royal Dutch Shell Plc falling 2.1% and Total SA , down 1.9%. The Brent oil reached its lowest price since 2009.
oil and gas producers reached a minimum of three years.
At the end of the day, in Milan, the FTSE- index MIB fell 0.68% to 19,951 points; in Madrid, the Ibex 35 index was falling 0.88% to 10,805 points; in Paris, the CAC-40 index lost 1.00% to 4,375 points; in Frankfurt, the DAX 30 index slowed 0.72% to 10,014 points; in London, the FTSE-100 index slowed 1.05% to 6,672 points; and, in Lisbon, the PSI-20 index lost 1.12% to 5,202 points.
Germany’s industrial production rose by 0.2% in October, down from 1.1% in September.
Investor confidence in the euro zone should be high in December, leaving -11.9 to -2.5 points. The figure was above market projections.
USA
The main stock indices on Wall Street closed lower as investors analyzing data from China, which were lower than expected. . In addition, falls in oil prices also reflected
Oil prices and the energy index, pulled the S & amp index; P 500 down. The fall in prices of the commodity reached 3.8%, the largest declines in five years.
As a result, shares of Chevron Corp., fell by 3.6%, the highest in the Dow Jones. Shares of Exxon Mobil Corp., -. 2.2%
The energy stocks were largely affected by the wave of oil sales and the biggest losses were for small companies operating in infrastructure.
In the end, the Dow Jones index fell 0.59% to 17,852 points; the S & amp index; P 500 was a decrease of 0.73% to 2,060 points; the Nasdaq lost 0.84% to 4,740 points.
Investors looking cautiously to follow the decisions in Europe and Japan indicators.
For this session indicators were not disclosed economical.
BRAZIL
The São Paulo Stock Exchange returned gains and closed sharply higher. The Bovespa index closed at 50,274 points, -3.31%. The trading volume was R $ 5 billion.
For some analysts, the Ibovespa accompanied the international scenario. “China’s indicators did not come good, which just messing with commodities, since we are most exposed banks also fell, and Petrobras,” he said analyst Leme Investimentos, Joao Pedro Brugger.
China had a trade surplus of US $ 54.5 billion in November, up from $ 45.4 billion in October. Exports rose 4.7% and imports had low of 6.7% in the year.
In this session, the roles of Vale3, fell 3.20%, and Vale5, -3.42%.
This afternoon, the price of Brent, a reference in London, it decreased almost $ 3 a barrel. This retreat weighed on weight indices of European stock markets
Among the actions that make up the Ibovespa, the highest increases were for Eletrobras PNB N1 (1.05% to R $ 6.76.); Suzano Papel PNA N1 (0.45% to R $ 11.08); Qualicorp ON (0.32% to R $ 27.99); and Eletrobras ON N1 (0.18% to R $ 5.67).
Contrary followed the roles of Rossi Resid. ON (-8.91% to R $ 2.76); Gafisa ON (-7.81% to R $ 2.36); Cosan LOG. ON (-7.22% to R $ 2.70); Petrobras ON (-6.38 to R $ 10.72); and Petrobras PN (-6.20% to R $ 11.50).
COINS
The US dollar, which ranged from high light and falls until the early afternoon, just gaining momentum and closed at 0.7%.
“It really was an unexpected move, and certainly must be related to the external environment or any major operation. But to assert any position is complicated, “ventured one analyst.
The currency gained strength after the fall in the price of Brent oil barrel, nearly $ 3, showing greater supply of the commodity. In fact, on Monday, the price of Brent was one of the factors that pulled down the bags in Europe.
At the end of the day, the interbank, the currency closed at R $ 2.610 to purchase and R $ 2, 611 in sales, up 0.7%.
On the other hand, following speculation about the direction of the new monetary policy to be adopted by the economic team announced by President Dilma Rousseff.
Central Bank said the result of the daily auction of traditional foreign exchange swap contracts, which is equivalent to selling dollars in the futures market.
In the first auction, the authority sold all 4000 offered contracts Two batches. The operation maturing on June 1, 2015 accepted all the 4000 proposals and raised $ 198.6 million. Have the operation maturing on September 1, 2015 did not accept any proposal.
In the agreement the Department of Open Market Operations (Demab), proposals were received between at 09:30 am and 9:40 a.m..
In the second auction, the authority sold all 10,000 contracts offered in two lots. The operation maturing on November 3, 2015 accepted 4,300 proposals and raised $ 211.5 million. Have the operation maturing on April 4, 2016 accepted 5,700 proposals and raised $ 279 million.
In total, we raised US $ 490.5 million.
According the Department of Open Market Operations (Demab), proposals were received from the 11h30h and 11:40.
The euro closed stable on Monday at Frankfurt foreign exchange market, quoted at US $ 1.2293, the same level of the last session closure.
The European Central Bank (ECB) today fixed the official exchange rate of the euro at US $ 1.2258.
INTEREST FUTURE
The future interest rose on Monday on the BM & amp; F. . What we saw was opening across the yield curve
Near the close, the salaries for January 2015 followed by an increase of 0.01 percentage points to 11.60%; contracts maturing in February 2015 followed an increase of 0.01 percentage points 11.67%; salaries for April 2015 followed for high 0.01 percentage points 11.97%; contracts maturing in July 2015 followed by an increase of 0.02 percentage points to 12.25%; contracts maturing in January 2017 rose 0.08 percentage points to 12.39%; and the salaries for January 2021 rose 0.04 percentage points to 11.99%.
“This turn of interest occurred with the high dollar. What you see are speculations about the direction that the new team can make to monetary policy. The Focus Bulletin came normal and this week the market also expects the minutes of the Monetary Policy Committee “, scored the managing partner of Leme Investimentos, Paulo Petrassi.
The minutes concerning the meeting of the Monetary Policy Committee, Central Bank Brazil, held from 2:03 this month. The monetary authority raised the benchmark interest rate country, the Selic, at over 0.50 pp getting at 11.75% per year.
The financial market analysts reduced the expectation of economic growth of the country estimating that the gross domestic product (GDP) speed up 0.18%, down from 0.19% last week’s projection.
The data is in the Focus Bulletin of December 5 prepared by the Central Bank ( BC).
Industrial production should increase from -2.26% to -2.50% this year and rise from 1.13% to 1.23% next year.
The forecast for the ratio of net public sector debt (DLSP) and GDP should advance 36% in 2014 and increase of 36.20% to 36.35% in 2015.
The dollar should end R $ 2.55 in 2014, with an average of £ 2.35. For 2015, the currency must close at $ 2.70.
The regulated prices remained at 5.30%.
The official inflation should decline of 6.43% for 6.38% this year and increase of 6.49% to 6.50% next year. The Consumer Price Index of the Institute for Economic Research (IPC-Fipe) will rise to 5.46% this year
Meanwhile, the estimate for the General Price Index -. (IGP-DI ) rose by 3.81% to 4.06% in 2014 and increased from 5.69% to 5.70% in 2015. The General Price Index – Market (IGP-M) remained at 3.72% in 2014 and rose by 5.56% to 5.64% in 2015.
The basic interest rate (Selic) to close at 12.50% in 2015. The next Monetary Policy Committee meeting is scheduled for held between 20 and 21 January.
The week inflation, measured by the Getulio Vargas Foundation, increased to 0.77% in the first week of December. All eight classes of expenditure had increased, especially for food.
OIL
The price of Brent oil barrel for January delivery closed on Monday low of 4.16% on the London futures market, at US $ 66.19.
The oil from the North Sea, the reference in Europe, closed the trading session at the International Exchange Futures US $ 2.88 below the price recorded yesterday, which was US $ 69.07.
The Brent closed at its lowest price since 2009 by the continued market concerns about oversupply on of declining demand.
The devaluation of oil, which has lost 40% of value since June, has widened since the Organization of Petroleum Exporting Countries decided in November not reduce its production to stabilize the market.
The barrel of Texas (WTI) closed on Friday down 4.2% at US $ 63.05 a barrel, its lowest level in five years.
At the end of trading on the New York Mercantile Exchange, futures contracts Petroleum Texas Intermediate (WTI, light) for January delivery fell US $ 2.97 from the previous close.
Fall happened after financial agency Morgan Stanley drastically revise down its oil price forecast for the coming years.
COMMODITIES
sugar futures contracts close in High in New York
Coffee futures contracts closed low in New York
Cocoa futures contracts for high close in New York
With Ags, Efe, Brazilian Company of Communication and other international
No comments:
Post a Comment