Economic mirror of the day
In today's Asian trading, the euro rises in price against the US dollar and the yen. The Bloomberg Dollar Spot Index is stable after an increase of 0.5% on Wednesday, which was the highest since March 28, including thanks to a 1.3% rise against the Mexican peso.
The euro was worth $ 1.0730 compared to $ 1.0711 as a result of trades in New York on Wednesday.
The rate of the single European currency to Japanese rose at the same time to 116.83 yen against 116.61 the day before.
The dollar is stable in tandem with the Japanese national currency. The dollar was worth 108.89 yen compared with 108.86 yen at the close of yesterday's trading.
The New Zealand dollar is recovering after the most significant fall in two weeks due to data on the increase in inflation, which increases the chances of tightening monetary policy in the country starting next year. Coupled with the US dollar, the New Zealand currency added 0.5%.
The Indonesian rupiah is heading the decline among the currencies of the developing countries of Asia because of the results of the election of the governor of Jakarta, a special metropolitan district.
Black gold fell sharply yesterday after the publication of data from the US Department of Energy, indicating a reduction in oil reserves, as well as an unexpected increase in gasoline reserves in the country.
Following the auction on April 19, the value of the June contract for Brent crude on the ICE Futures exchange in London fell by $ 1.96 (3.57%) to $ 52.93 per barrel.
May futures for WTI on the New York Mercantile Exchange NYMEX fell $ 1.97 (3.76%) - and amounted to $ 50.44 a barrel.
Today, oil is becoming more expensive.
June futures for Brent crude on the London Stock Exchange increased by 13 cents (0.25%) to $ 53.06 per barrel.
Quotes of the May contract for oil WTI rose by 7 cents (0.14%) - to $ 50.51 per barrel. The June contract is trading at $ 50.9 per barrel.
Yesterday, US stock indices showed mixed changes amid quarterly reports of companies, the resumed strengthening of the dollar and a collapse in oil prices.
The Dow Jones Industrial Average and Standard & Poor's 500 fell following the shares of financial and oil companies, as well as International Business Machines (IBM).
The Dow Jones Industrial Average index fell by 118.79 points (0.58%) to 20,404.49 points. Standard & Poor's 500 dropped by 4.02 points (0.17%) to 2338.17 points. Nasdaq Composite added 13.56 points (0.23%) and amounted to 5863.03 points.
According to CMC Market strategist Colin Cheshinsky, the market is already used to the fact that the company's quarterly financial results are often better than expected, so now traders "seem more interested in punishing those who do not meet their high expectations."
The Federal Reserve System (FRS) should reduce the amount of assets on the balance sheet so slowly that the Central Bank does not have to change the rate of interest rate increase, said the president of the Federal Reserve Bank of Boston (FRB) Eric Rosengren.
At the same time, traders recently revised the forecasts of the Fed's rate hikes - the probability of such a step in June fell to 44% from more than 60% in early April. The probability does not reach 50% for any meeting until the end of this year, which indicates the growing confidence of traders that the Fed can stop at one rate hike for the year.
Morgan Stanley shares gained 2% on the results of the main session in New York. The bank increased its net profit in the first quarter by 70%, revenues by 25%, both figures were higher than consensus forecasts.
However, the index of financial companies, included in the calculation of the S & P 500, fell by 0.3%, liquidating the morning rise by 1%.
The market value of Yahoo! Inc. Decreased by 1.2%, despite positive reporting. In addition, Yahoo reported that the transaction for the sale of Internet assets to the operator of communication Verizon Communications reached the final stage and will be completed in June. Verizon shares lost 0.6%.
The price of IBM securities fell by almost 5% due to extremely weak quarterly results and deterioration of valuations of the company's shares by brokers. The revenue of IBM has been declining for 20 consecutive quarters.
However, the shares of the world's largest management company BlackRock Inc. Have fallen in price on 1,7% though it has informed on growth of the profit, proceeds and volume of actives under management.
Quotes of the shares of the pharmaceutical company Nivalis Therapeutics Inc. Collapsed by 10.2% on reports of a merger with Alpine Immune Sciences.