Daily Market Reviews by MAYZUS.com

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


EUR/USD -duringtheday there is a risk of a technical correction

Our turning point is the level of1.38700

Ourpreference: Sell the EUR/USD below the levelof1.38400 with the key targets being: 1.38200 and 1.38000.

Alternative scenario: Ifthe resistance levelof 1.38700 is breached up with success, then the pair could rise to1.38900 and 1.39200.

Analysis: The technical indicators point that the EUR/USD pair is overbought and will give a signal to sell soon.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


GBP/USD–duringtheday there is a risk of a technical correction

Our turning point is the level of1.68170

Ourpreference: Sell the GBP/USD pair below the level of 1.67500, with the nearest targets being 1.67000, and 1.66600.

Alternative scenario: Ifthelevelof1.68170 is breached up with success, then the pair could rise to 1.68400, and 1.68800.

Analysis: The technical indicators are in the overbought area and will give a signal to sell soon.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


USD/JPY–growth is possible

Our turning point is the level of101.500

Ourpreference: Buy the USD/JPY pair above the level of 102.100, with the nearest targets being 102.500, 102.800 and 103.200.

Alternative scenario: If the support level of 101.500 is breached down with success, then the pair could drop to101.000, and 100.700.

Analysis: The technical indicators point that the USD/JPY pair is oversold.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


AUD/USD–duringtheday there is a risk of a technical correction

Our turning point is the level of0.94400

Ourpreference: Sell the pair below the level of 0.93850, with the nearest targets being 0.93400, 0.93000 and 0.92600.

Alternative scenario: If the resistance level of 0.94400 is breached up with success, then the pair could rise to the following levels: 0.94600 and 0.95000.

Analysis: The technical indicators point that the AUD/USD pair is overbought.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


XAU/USD– duringtheday there is a risk of a technical correction

Our turning point is the level of$1320

Ourpreference: Sell Gold below the level of $1313, with the nearest targets being$1307 and $1300.

Alternativescenario: If the resistance level of $1320 is breached up with success, then Gold could rise to $1330 and $1340.

Analysis: The technical indicators are in the overbought area and will give a signal to sell soon.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


XAG/USD–duringtheday there is a risk of a technical correction

Our turning point is the level of$20.15

Ourpreference: Sell Silver below thelevelof$19.95, with the nearest levels being $19.80 and $19.65.

Alternativescenario: Iftheresistance levelof$20.15 is breached up with success, then Silver could rise to $20.30 and $20.60.

Analysis:The stochastic indicator is in the overbought area and will give a signal to sell soon.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


EUR/USD-duringtheday there is a risk of a technical correction

Our turning point is the level of1.39215

Ourpreference: Sell the EUR/USD below the levelof1.38700 with the key targets being: 1.38400 and 1.37900.

Alternative scenario: Ifthe resistance levelof 1.39215 is breached up with success, then the pair could rise to1.39430 and 1.39700.

Analysis: The stochastic indicator gave a signal to sell the EUR/USD pair.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


GBP/USD–duringtheday there is a risk of a technical correction

Our turning point is the level of1.68170

Ourpreference: Sell the GBP/USD pair below the level of 1.67500, with the nearest targets being 1.67000, and 1.66600.

Alternative scenario: Ifthelevelof1.68170 is breached up with success, then the pair could rise to 1.68400, and 1.68800.

Analysis: The technical indicators point that the GBPUSD pair is overbought.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


USD/JPY–growth is possible

Our turning point is the level of101.300

Ourpreference: Buy the USD/JPY pair above the level of 102.100, with the nearest targets being 102.500, 102.800 and 103.200.

Alternative scenario: If the support level of 101.300 is breached down with success, then the pair could drop to101.000, and 100.500.

Analysis: The technical indicators point that the USD/JPY pair is oversold.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


AUD/USD–growth is possible

Our turning point is the level of0.93400

Ourpreference: Buy the pair above the level of 0.93850, with the nearest targets being 0.94500 and 0.95000.

Alternative scenario: If the support level of 0.93400 is breached down with success, then the pair could drop to the following levels: 0.93000 and 0.92600.

Analysis: The stochastic indicator gave a signal to buy the AUDUSD pair.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUSDailyTechnicalLevels


XAU/USD– duringtheday there is a risk of a technical correction

Our turning point is the level of$1325

Ourpreference: Sell Gold below the level of $1315, with the nearest targets being$1308 and $1300.

Alternativescenario: If the resistance level of $1325 is breached up with success, then Gold could rise to $1340 and $1350.

Analysis: The technical indicators are in the overbought area and gave a signal to sell.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


XAG/USD–duringtheday there is a risk of a technical correction

Our turning point is the level of$20.15

Ourpreference: Sell Silver below thelevelof$19.95, with the nearest levels being $19.80 and $19.65.

Alternativescenario: Iftheresistance levelof$20.15 is breached up with success, then Silver could rise to $20.30, $20.50 and $20.65.

Analysis:The stochastic indicator is in the overbought area and gave a signal to sell.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

11 April 2014: The Stock Market Of The U.S. Outlined The Correction

By Kristina Leonova: Chief Analyst in Investment Research Department


There is an impression that the markets are moving up and down, without having the opportunity to decide on a further direction. One day, indices are growing, another day, they are decreasing, thereby leveling all growth of the previous sessions.

Yesterday, the European indices finished the trading day in different directions. At the beginning of the trading session, investors won due to positive news from the USA. After that, some of the indices began to fall, due to the fact that there was not a lot of macroeconomic statistical data published. As a result, the index of the London stock exchange, the FTSE 100, grew by 0,1%, the index of the Parisian stock exchange, the CAC 40, lost 0,66%, and the index of the Frankfurt stock exchange, DAX, decreased by 0,55%.

A pessimistic mood began in Europe and was followed by American indices. We saw a substantial increase in the price of indices on Wednesday, but it seems that after that, stock markets decided to have a correction. A push factor was the statistical data on export and import in China, which appeared to be extremely lower than the predictions of analysts. Import of the country made a number of minus 11,3%, at an expected growth of 2,4%. Export appeared to be minus 6,6% at the expected 4,0%.

However, the statistical data coming from the U.S. was of a positive character, but indices could not find strength to move up. The number of primary requests for unemployment benefits in a week, appeared to be slightly less than expectations on 320 thousand, and made a number of 300 thousand. As a result, the Dow Jones Industrial Average index fell by 1,62% to the level of 16170,22 points, the S&P 500 lost 2,09% and reached a level of 1833,08 points, and the Nasdaq Composite had the biggest loss of the day and decreased by 3,1% to the level of 4054,11 points.

Prices of commodities are stable. Brent and WTI are losing 0,26% and 0,30%, traded on levels of $107,24 and $102,07 per barrel. Gold is flat, traded on a price of $1320,86 per troy ounce. Silver is down by 0,24% at $20,04 per troy ounce.

 

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23 April:Results From The Largest American Companies Are Pushing Indices Up

Reports from the largest American companies who demonstrated good quarterly results, are pushing indices up. Due to this, optimism continues in the American stock market. The Dow Jones Industrial Average Index raised 0,4% to the level of 16514,37 points, the index of the wide market, Standard & Poor's 500, increased by 0,41% to the level of 1879,55 points, and the index of high-tech industries, Nasdaq Composite, went to a plus on 0,97% and reached the level of 4161,46 points.

European stock markets also had a rather positive trading session. The British index, FTSE 100, grew by 0,85%, the French CAC 40 added 1,18%, and the German DAX went to a plus on 2,02%. The regional STXE 600 indicator increased, in turn, by 1,4% and was closed on the level of 337,03 points. This morning, indices are bargaining at the previous levels reached, and positive attitudes were also brought on by published macroeconomic data.

The index of business activity in the services sector of the Eurozone, according to the preliminary data, made 53,1 points in April, whilst analysts were only expecting an increase to the level of 52,4 points. The previous value was on the level of 52,2 points. The index of business activity in the industry sector of the Eurozone, according to the preliminary data, made 53,3 points in April, moving up from the level of 53,0 points, recorded last month. Analysts were expecting the level of 53,0 points only.

This morning, a lot of important macroeconomic statistical reports were published. Later, during the course of the day, we are going to see statistics on sales of new houses in the American market. We would like you to note that it seems economists are rather optimistic, predicting an increase of the indicator in March to 0,451 million from 0,440 million the previous month. Also, the weekly data on the dynamics of stocks of oil is going to be presented late in the evening.

 

[MAYZUS_rep]

28 APRIL 2014: INVESTORS ARE WAITING FOR FED MEETING THIS WEEK

The beginning of the week has again been influenced by the situation in Ukraine, where intensity continues to strengthen. During Friday’s telephone conference leaders of France, the USA, Germany and Italy, discussed the possibility of an introduction of new sanctions against Russia, thus heads of all four countries believe that the Russian Federation, according to the accepted arrangements, have to take action towards the de-escalation of the conflict, and refuse provocative statements. At the same time, the U.S. are easy going when it comes to the introduction of new sanctions, but European countries are not really willing to proceed with the same attitude, as they are going to become safer due to these actions, and are affected by the situation much more than the U.S.

On Friday, the Dow Jones Industrial Average index finished the trading session with a loss of 0,75% and was closed on a level of 16378,05 points, the index of the wide market, S&P 500, went to a minus by 0,76% and reached the level of 1864,33 points, and the index of the hi-tech companies, Nasdaq, fell by 1,68% to the level of 4078,79 points.

European indices also finished the trading week rather differently, but mainly in negative territory. The British FTSE 100 lost 0,26%, the French index, CAC 40, added 0,80%, and the German DAX went to a minus by 1,54%. The regional STXE 600 indicator decreased, in turn, by 0,80% and was closed on a level of 333,5 points. This morning, indices opened the trading week at almost the same levels they closed with on Friday. The FTSE 100 adds 0,26%, the DAX index adds 0,27% so far, and the CAC 40 grows by 0,19%.

Today, the economic calendar is rather empty, and there aren't any important macroeconomic reports expected, but special attention should be paid to the results of the meeting of the FED, results which we will be able to see on Wednesday the 30th of April, 2014. On Thursday, the majority of the stock markets will be closed in relation to the celebration of Labour Day.

 

[MAYZUS_rep]

28 APRIL 2014: INVESTORS ARE WAITING FOR FED MEETING THIS WEEK

The beginning of the week has again been influenced by the situation in Ukraine, where intensity continues to strengthen. During Friday’s telephone conference leaders of France, the USA, Germany and Italy, discussed the possibility of an introduction of new sanctions against Russia, thus heads of all four countries believe that the Russian Federation, according to the accepted arrangements, have to take action towards the de-escalation of the conflict, and refuse provocative statements. At the same time, the U.S. are easy going when it comes to the introduction of new sanctions, but European countries are not really willing to proceed with the same attitude, as they are going to become safer due to these actions, and are affected by the situation much more than the U.S.

On Friday, the Dow Jones Industrial Average index finished the trading session with a loss of 0,75% and was closed on a level of 16378,05 points, the index of the wide market, S&P 500, went to a minus by 0,76% and reached the level of 1864,33 points, and the index of the hi-tech companies, Nasdaq, fell by 1,68% to the level of 4078,79 points.

European indices also finished the trading week rather differently, but mainly in negative territory. The British FTSE 100 lost 0,26%, the French index, CAC 40, added 0,80%, and the German DAX went to a minus by 1,54%. The regional STXE 600 indicator decreased, in turn, by 0,80% and was closed on a level of 333,5 points. This morning, indices opened the trading week at almost the same levels they closed with on Friday. The FTSE 100 adds 0,26%, the DAX index adds 0,27% so far, and the CAC 40 grows by 0,19%.

Today, the economic calendar is rather empty, and there aren't any important macroeconomic reports expected, but special attention should be paid to the results of the meeting of the FED, results which we will be able to see on Wednesday the 30th of April, 2014. On Thursday, the majority of the stock markets will be closed in relation to the celebration of Labour Day.

 

[MAYZUS_rep]

30 April 2014: Stock Markets Moving Up Before Decision Of The FED

The stock markets had a rather positive trading session on Tuesday. In Europe, the business confidence index in Germany was within expectations, however inflation in the leading country of the Eurozone continues to slow down. The trading session was closed with the index of the London stock exchange, FTSE 100, adding 1,04%, the index of the Parisian stock exchange, CAC 40, growing by 0,83% and the index of the Frankfurt stock exchange, DAX, increasing by 1,46%.

American stock indices continued their positive trend in the markets, and as a result, the Dow Jones Industrial Average index was closed with a 0,53% increase on a level of 16535,37 points, the index of the wide market, S&P 500, grew by 0,48% to the level of 1878,33 points, and the index of the hi-tech companies, Nasdaq, added 0,72% and reached a level of 4103,54 points.

Prices of commodities are correcting slightly from yesterday's levels, Brent is losing 0,57% and is traded on a price of $108,36 per barrel, and WTI is down by 1,04% on a level of $100,23 per barrel. Gold and silver are decreasing by 0,42% and 0,81% accordingly, traded on a level of $1290,91 and $19,33 per troy ounce.

Today in the Eurozone, one of the most important indicators will be published– the indicator of inflation in the region. The European Central Bank is already ready to start the program for repayment of bonds of the countries, in order to disallow any deflationary processes in the region. In March, growth of the consumer prices slowed to 0,5%, but today an acceleration up till 0,8% is expected, which might influence further decisions of the regulator.

In the evening, the FED of the U.S. will publish the results of the meeting, which began yesterday. Since December, the regulator has reduced the program of quantitative easing by an equal amount of 10 billion dollars after each meeting. Thus, the volume of purchase of securities was already reduced by the FED from 85 to 55 billion dollars. Considering the positive signals from the American economy in recent months, most probably, there will be no surprises today. The QE3 program will be reduced to 45 billion dollars a month.

 

[MAYZUS_rep]

MAYZUS Daily Technical Levels


EUR/USD - during the day there is a risk of a technical correction

Our turning point is the level of 1.3900

Our preference: Sell the EUR/USD below the level of 1.38700 with the key targets being: 1.38400 and 1.38150.

Alternative scenario: If the resistance level of 1.3900 is breached up with success, then the pair could rise to 1.39200 and 1.39500.

Analysis: The technical indicators point that the EUR/USD pair is overbought.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.


MAYZUS Daily Technical Levels


GBP/USD – during the day there is a risk of a technical correction

Our turning point is the level of 1.6900

Our preference: Sell the GBP/USD pair below the level of 1.68600, with the nearest targets being 1.68400, 1.68150.

Alternative scenario: If the level of 1.6900 is breached up with success, then the pair could rise to 1.69200, 1.69400.

Analysis: The technical indicators point that the GBP/USD pair is overbought.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.





MAYZUS Daily Technical Levels


USD/JPY – during the day there is a risk of a technical correction

Our turning point is the level of 102.300

Our preference: Sell the USD/JPY pair below the level of 102.150, with the nearest targets being 102.075, 101.950.

Alternative scenario: If the resistance level of 102.300 is breached up with success, then the pair could rise to 102.400, 102.600.

Analysis: The stochastic indicator gave a signal to sell the USD/JPY pair.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.


MAYZUS Daily Technical Levels


AUD/USD – during the day there is a risk of a technical correction

Our turning point is the level of 0.93000

Our preference: Sell the pair below the level of 0.92800, with the nearest targets being 0.92500 and 0.923000.

Alternative scenario: If the resistance level of 0.93000 is breached up with success, then the pair could rise to the following levels: 0.93200 и 0.93400.

Analysis: The technical indicators point that the AUD/USD pair is overbought.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.




MAYZUS Daily Technical Levels


XAU/USD – growth is possible

Our turning point is the level of $1285

Our preference: Buy Gold above the level of $1295, with the nearest targets being $1305 and $1313.

Alternative scenario: If the support level of $1285 is breached down with success, then Gold could drop to $1275 and $1260.

Analysis: The technical indicators are in the oversold area and will give a signal to buy soon.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.


MAYZUS Daily Technical Levels


XAG/USD – growth is possible

Our turning point is the level of $19.00

Our preference: Buy Silver above the level of $19.30, with the nearest levels being $19.50, $19.70.

Alternative scenario: If the support level of $19.00 is breached down with success, then Silver could drop to $18.80 and $18.50.

Analysis: The technical indicators point that Silver is oversold.

This information is an analytical review of Capital and FX markets. The material presented, and the information contained, is investment research and should in no way be considered as the provision of investment advice for the purposes of Investment Firms Law 144(I)/2007 of the Republic of Cyprus, or any other form of personal advice, which relates to certain types of transactions, with certain types of financial instruments.

 

[MAYZUS_rep]

02 May 2014: Today Markets Will Closely Follow Figures On Unemployment And The PMI Indices


The majority of the stock markets in Europe and Asia were closed yesterday due to the celebration of Labor Day in those countries.

In the United States, in the meantime, a lot of important macroeconomic statistical reports were published, which showed rather different results. The number of primary requests for unemployment benefits in a week, made 344 thousand, which appeared to be worse than predictions of 319 thousand. Personal income in March increased by 0,5% and appeared to be better than the predicted 0,4%. Personal expenses in March also grew by 0,9%, against the expected level of 0,6%.

One of the most important indices in the American economy, the index of economic conditions of ISM in the production sphere, made 54,9 points in April , showing better results than the expected 54,3 points. In general, this data did not help indices make any significant moves, and indices closed the trading day at almost the same levels.

The Dow Jones Industrial Average index lost 0,13% and closed the day on the level of 16558,87 points, the S&P 500 index decreased by 0,01% and reached the level of 1883,68 points, and only the Nasdaq Composite managed to add in value (0,31%) closing the day at the level of 4127,45 points.

Today one more important report will be published, which is closely followed by investors and helps make conclusions about the development of the U.S. economy – the Nonfarm Payrolls report, which is expected to be on the level of 210 thousand, which is higher than the number of last month, 192 thousand. Also, we will see the results on the unemployment rate. In Europe, data on the PMI will be presented on Italy, France, Germany and the Eurozone, as a whole. Also, the unemployment figure in the Eurozone will be presented in the first part of the day.

Commodities are bargaining at the same levels, Brent is up 0,08% at a price of $107,29 per barrel, WTI is down by 0,08% at a price of $98,67 per barrel. Gold and silver are traded on prices of $1283,09 and $19,00 perr troy ounce and are losing 0,02% and 0,21% accordingly.

 

[MAYZUS_rep]

05 May 2014: Bears Feel More Confident In The Market

Stock markets closed the last trading week mainly in negative territory. European stock markets are still influenced with the geopolitical situation in Ukraine, and even positive statistics did not help indices to move up.

PMI indices of the members of the Eurozone showed positive dynamics, the index in the Eurozone, as a whole, increased from 53,3 points up to 53,4 points. In Switzerland, the index grew from the level of 54,4 points in March, to 55,8 points in April, but in Germany decreased from 54,2 points to 54,1 points. The unemployment rate appeared to be at the level of 11,8%, against the expected 11,9%.

As a result, the British FTSE 100 index increased by 0,20%, France's CAC 40 lost 0,70% and Germany's DAX went down by 0,50%. The regional indicator STXE 600, in turn, decreased by 0,20% and closed the trading week on a level of 337,76 points.

Statistics in the U.S. also appeared to be rather encouraging, but did not give indices power for growth. According to published data, employment in the U.S. non-farm payrolls increased in April by 288 thousand, while analysts had expected the number to be on a level of only 210 thousand. Additionally, the unemployment rate declined from 6,7% in March, to 6.3% in April, which was better than market expectations of 6.6%.

Nevertheless, the Dow Jones Industrial Average index lost 0,28% and was closed on a level of 16512,89 points, the S&P 500 index was down 0,14%, reaching a level of 1881,14 points, and the index of the high-tech companies, Nasdaq, lost 0.09% and finished the trading session on a level of 4123,90 points.

This morning, the index of business activity in the industry from HSBC in China was released, which, in April, made 48,1 points and appeared to be lower than the predicted result of 48,4 points. Later in the evening, we are going to see the index of economic conditions in the ISM non-manufacturing sector in the United States, for April. It is expected that the index should increase up to 54,1 points from the level of 53,1 points in March.