On January 30, the markets in Hong Kong, China, Malaysia, Korea, Singapore, Taiwan and Vietnam were closed for holidays. January 30, European stock markets declined, amid investor concerns about US policy on US immigration policy Donald Trump. More others suffered shares of airlines and the tourism sector. Last weekend, US President Donald Trump signed a government order prohibiting citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen from entering the United States. This decision has caused concern for European leaders. German Chancellor Angela Merkel’s press secretary said Sunday that she “regrets that the US government imposed an entry ban on refugees and citizens of some countries.” The spokesman for the British Prime Minister Theresa May said that the UK opposes the ban. Faster than expected price increases in Germany have raised concerns that the European Central Bank may begin to curtail the monetary stimulus program earlier. Shares of Vodafone PLC rose by 2.7%, after the company announced that it was in talks with the Aditya Birla Group, about the merger of Indian business Vodafone with Idea Cellular Ltd. Shares of mining companies were in the red, Anglo American PLC lost -1.5%, BHP Billiton PLC lost -1.1%, Rio Tinto PLC moving down -1.2% and Randgold Resources PLC dropped -0.7%. IBEX 35 9.396.20 -107.90 -1.14%. Stoxx 600 364.10 -2.28 -0.62%.

January 30, US stock indexes opened negatively, after decrees of President Donald Trump restricting immigration from some countries caused uncertainty and protests around the world. Trump’s promises, tax cuts and simpler business rules have stimulated growth in stock markets since his election, but now some investors are concerned about the potential danger of Trump’s protectionist position. Many analysts believe that such a policy could adversely affect world trade and the economy. The two-day meeting of the Federal Open Market Committee starts on Tuesday. Economists predict that the central bank will leave interest rates unchanged. This means that investors are more likely to focus on the Fed’s comments on future economic stimulus policies. The base price index for personal consumption expenditures in the US increased by 0.1% in December, compared to the previous month, as analysts had expected. Incomes of individuals in the United States increased by 0.3% in December, compared to the previous month, while expectations were for growth of 0.4%. Expenditures of individuals in the United States increased by 0.5% in December, compared to the previous month, as economists had expected. Dow 20.001.45 -92.33 -0.46%. S & P 500 2.282.04 -12.65 -0.55%. Nasdaq 5.617.13 -43.65 -0.77%.

Brent crude oil futures quotes almost did not change during today’s trading, as investors continue to monitor US production growth, on the one hand, and OPEC production decline, on the other. Over the past week, the number of existing drilling rigs in the United States, according to Baker Hughes, increased by 15 units, resulting in a total number of operating drilling rigs of 566, a new maximum since November 2015. The MACD indicator remains below the zero line and is declining, indicating the growing potential of bears. At the same time, moving averages point to a continuation of a bullish trend. In this situation, the bears can continue the downward movement, to practice the level of 54.39. During today’s trading, mini SP 500 futures quotes are traded down, amid investor concern, Trump’s immigration policy. MACD indicator, returned to the zero line, the intersection of which will give a bearish signal. While moving averages are showing a bullish trend persist. A bearish divergence has formed on the chart, between the quotes, the MACD indicator and the Stoch indicator. In this situation, we can expect further downward correction in the direction of 2235. Today, mini DOW futures quotes continued to decline, after President Trump’s decision to introduce new immigration restrictions that caused criticism in the United States and abroad. The MACD indicator is moving along the zero line without giving any signals. Moving averages point to a continuation of the bullish trend. A bearish divergence has formed on the chart, between the quotes, the MACD indicator and the Stoch indicator, after which we can expect the correction to continue south towards the 19446 level.

Review prepared by the analytical department https://www.fortfs.com/en/analytics/review

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