Think oil will provide Oslo Stock Exchange on down – HegnarOnline

Think oil will provide Oslo Stock Exchange on down – HegnarOnline

Netfonds Bank and chief analyst Roger Berntsen think the Oslo Stock Exchange will open down 0.35 percent today:

– Both the American and Asian exchanges fell after Oslo Exchange on Monday, thus is likely to adversely start to the day today. Lower oil prices are the main reason for the weak mood. That said, the Chinese economy is going well the other day when lower oil prices is particularly positive for the world’s second largest economy. This is best reflected in the country’s stock market, which is up between 50 and 60 percent the past 12 months.

Smell in Asia
Several of the major exchanges Asia coincides with the energy sector spearheaded by the oil price has fallen to the lowest level in five and a half years.

In Japan also contributes a stronger yen and the fall in the US Monday night to slump after long weekend.

Nikkei index in Tokyo ended down 0.6 percent, while the broader Topix index fell 0.4 percent. Kospi in South Korea and Straits Times in Singapore is down 0.2 percent.

In China rises however Shanghai Composite index 0.04 percent. Hang Seng in Hong Kong is up 0.5 percent.

Oil prices
Right now (updated 8:43) stands Brent oil $ 46.70, down 4.11 percent.

HegnarTV:
Should we fix the interest? Today’s guest in HegnarTV Peter Batta in Huseiernes Association. Follow with 15:30 on www.hegnar.no

Decline in the United States.
There was a weak start of the week in the US. Dow Jones fell 0.5 percent to 17,640.84, while the broader S & amp; P 500 index ended down 0.8 percent to 2028.27.

Technology Heavy Nasdaq showed a fall of 0.8 percent to 4664.71.

A new prisras oil lowered the energy sector. Overall decline was 2.8 percent.

After the stock market kicked Alcoa started earnings season. Alcoa earned 11 cents a share in Q4 2014, compared with minus $ 2.19 the year before. Revenue rose 14 percent to $ 6.4 billion, against expected 6.04 billion dollars.

The share rose two percent by trade, having been up 0.4 percent in regular trading.

Jewel guy Tiffany plunged 14 percent after the cut-year guidance for 2014 earnings per share in the range of 4.15 to 4.20 dollars, down from the previously indicated 4.20-4.30 dollars.

See how it went with the Norwegian stocks in the US and Canada.

This happens today:

Key:

• Japan: Operating Balance, November

• China: trade balance in December

• Sweden: CPI, December 9:30

• Italy: Industrial Production, November 10: 00

• United Kingdom: CPI, December 10:30

• UK: PPI, December 10:30

• US: NFIB index, December 13: 30

• US: Jolts indicator, November 4 p.m.

SSB:

• Freight transport on the coast, Q3 2014 10: 00

• Construction cost index for residential, December 2014 10:00

Other:

• US: API weekly oil inventory numbers 10:30 p.m.

• TGS: Capital 8:30

• US DOE, monthly STEO report

Sources: TDN Finans and SSB