Rmb Company: Bidders Focus on the Decision of the ECB

According to RMB Company, Yesterday's trading for some US stock indexes ended at zero, and for others growth, after a decline in the beginning of the trading session at the output of negative makrostatistiki.

According to the report of the Institute of Supply Management, the index of business activity in US production fell to a zone below 50.0% in the first since 2009 and amounted to 49.7% against 53.5% a month earlier, which as a whole can increase speculation about the further monetary policy of the Fed and Decisions at the forthcoming meeting of the Federal Open Market Committee, which will be held on July 31-August 1.

In the opinion of RMB Company, traders tend to look at the short term and growth in the second half of the trading session confirms that a lot of investors expect ECB interest rate cut by 25 bpts. Up to 0.75%. Also among analysts, there are opinions about the decision of the ECB to lower interest rates for commercial banks placed in deposits in the ECB. It should be noted that there are investors who are waiting for the launch of new or expansion of old programs of providing liquidity to commercial European banks.

Eventually, the first trading day of the week closed with a decline of 0.07% to 12871.39 points on the Dow Jones Industrial index, on the Standard & Poor's broad market index, trades ended in growth of 0.25% at 1365.51 points, the index High technology Nasdaq Composite on the results of trading added exactly 0.55% and finished the trading session on Friday at 2951.23 points.

Individually, we can single out trading on the leader in the field of mobile computer devices, Apple Inc. Which grew by 1.5% and closed at 592.52, after the Chinese newspaper reported that the company settled disputes for the right to own the trademark "iPad" with the Chinese company Proview Technology, paying her 60 million dollars. The resolution of this issue outside the court was announced at $ 1.6 billion.

Also important news was the news about the resignation of the chairman of the board of directors of Barclays Marcus Ageus, who left his post because of the scandal with manipulation of interest rates by the bank, for which the company was fined 290 million pounds and the company's shares fell by more than 20.0% . For yesterday, the stock rose 3.40% and finished trading at 168.44 pounds.