Stocks to fall ahead of Fed meeting, rising international tension - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Stocks to fall ahead of Fed meeting, rising international tension

MOSCOW, Jan 26 (PRIME) -- The Russian stock market will likely open lower on Wednesday as investors' anxiety ahead of publication of U.S. Federal Reserve System (Fed) meeting minutes will add to the geopolitical uncertainty, analysts said.

"Anxiety reigns on our marketЕ The Russian Foreign Ministry says that if a U.S. and NATOТs response to the security guarantees is disappointing, serious political decisions will be made. The local stock indicesТ trend is down," Andrei Vernikov of Univer Capital said.

According to Vernikov, revision of the 2022 global gross domestic product (GDP) forecast by the International Monetary Fund to a 0.5% decrease is an additional negative factor for investors.

The Brent oil prices still rise, but a strong trend did not form although the prices broke through a U.S. $86.7 level, and tensions on Middle East persist, he said.†

Bogdan Zvarich, senior analyst at financial supermarket Banki.ru, said that the external background for the sessionТs start is moderately negative as the Asian markets decreased by up to 0.4% and U.S. futures added up to 0.1%.

The market will wait for the results of a meeting of the U.S. Fed, for any information on the speed of the key rate increase, and on the write-off of bonds from the Fed account.

End %%mk/jst%%

26.01.2022 09:20
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul