This will affect the Oslo Stock Exchange



[ad_1]

Netfunds and analyst manager Roger Berntsen believe that the Oslo Stock Exchange opens 0.3%, or within the range [0,1, 0,5] Percent.

"The Wall Street performance season continues today with companies such as Wells Fargo, JPMorgan, Delta Airlines and United Continental Holdings, which are among the largest in their respective industries, so it is conceivable that these affect similar businesses here at home "Asian stock markets also ended last night, despite the weakening macroeconomic outlook in China," Berntsen writes in the morning report.

In addition, the director of analysis writes that investors are also awaiting the outcome of the vote in the British parliament on the withdrawal agreement negotiated with the EU.

"The likelihood of the British turning to EU withdrawal is increasing every day, and we have kept this scenario as likely as the June 23, 2016 referendum. Who knows, maybe we hit it?" He concludes.

Roger Berntsen is also invited today on HegnarTV with Trygve Hegnar!

Oslo Stock Exchange

The main index ended Monday at 0.56 percent to 836.72. Shares and share certificates were traded for NOK 3,699 million.

Fearnley Securities Assumed coverage of Seabird Exploration with a purchase recommendation. The price target was set at NOK 2.5, which means that the brokerage house sees an increase of almost 70% from today's levels. The shares rose 10.26%.

DNB Markets downgraded Veidekke from "hold" to "sell", and shares fell 6.17%.

All stock market comment here

oil prices

Brent crude rose 1.37 percent to $ 59.80 a barrel, while WTI crude rose 1.39 percent to $ 51.21 a barrel.

In comparison, a barrel of North Sea oil traded for $ 60.31 a barrel at the end of the Oslo Stock Exchange on Monday.

On Tuesday, Chinese officials said that China will step up measures to stimulate economic growth, and Chinese stocks are performing well. At the same time, the oil market is seeing the effects of OPEC-led production cuts and the fall in Iranian exports as a result of US sanctions against the country.

The whole oil commentary here

U.S

The Dow Jones fell 0.36 percent on Monday, while the S & P 500 and Nasdaq fell 0.53 and 0.94 percent, respectively.

In December, Chinese exports fell 4.4% over the previous year, which is the largest monthly decline in two years, and much weaker than the 3% growth expectations.

The world's second-largest economy imported 7.6 percent in December from a year earlier, the largest monthly decline since July 2016, and significantly weaker than 5 percent growth expectations.

At the same time, it was known that China had the smallest trade surplus of $ 351.76 billion with the foreign trade since 2013.

China's trade surplus with the US grew 17 percent to $ 323.32 billion in 2019, the highest in more than 10 years.

In addition, the start of the fourth quarter earnings season was on Monday. After profit rose 25% in the first three quarters of 2018, expectations are significantly lower before the results of the last quarter of last year are presented next month.

All the US comment here

Asia

In Japan, the Nikkei index rose 0.86 percent, while the Topix index, in general, rose 0.85 percent.

Shanghai Composite in China rose 0.84%, and CSI 300 rose 1.39%. Hang Seng, in Hong Kong, rose 1.49 percent.

Kospi in South Korea rose 1.54 percent, the S & P / ASX 200 index rose 0.71 percent, while the Straits Times in Singapore rose 1.36 percent.

All of Asia comments here

This is happening today.

Results, foreigners

macro

  • Norway: Trade balance, December, in. 08.00
  • Germany: GDP 2018, in. 08.00
  • EMU: Trade Balance, November, at 11:00 p.m.
  • USA: NY Empire State Manufacturing, January, in. 14.30
  • USA: PPI, December, in. 14.30

other

  • Statistics Norway: Index of costs for the transport of trucks, December 2018, in. 08.00
  • USA: API, weekly oil inventory number, in. 22.30

Sources: Oslo Børs, TDN Direkt and Statistics Norway (SSB)

[ad_2]

Source link