Trades in Europe on Tuesday, August 24, opened a decrease in the leading index in anticipation of the publication of data on the volume of sales in the secondary housing market of the United States. Analysts had expected a decline of 12,9% - to its lowest level since March 2009. That would indicate a slow recovery of the world's largest economy. Throughout the session the individual players got rid of securities and stock indices gradually decreased. Against the background of expectations yield negative statistics trades to the United States also opened the fall of the major indices. The published statistics exceeded even the most pessimistic projections: sales of homes on the secondary market of America in July 2010. at an annual rate decreased by 27,2% and amounted to 3.8 million units. Such data are disseminated the National Association of Realtors USA. These statistics contributed to the growth concerns of investors about a possible second wave of the crisis.
Pressure on the paper oil companies provided reduction in the value of "black gold". By the end of the day the futures price for Brent crude for October delivery fell by 1,3% - to 72,6 USD per barrel. Paper French Total depreciated at 1.64%, shares of British and Netherlands Royal Dutch / Shell - 1%. Correction on the metals market has caused sales of the shares of mining sector. Paper industry's largest company BHP Billiton fell 1.47%. Shares Anglo American, the second-largest mining company, fell by 1.84%. By the end of the day the French CAC 40 index lost 1.75% and amounted to 3,491.11 points, Germany's DAX dropped to 1,26% - to 5935.44 points, and the British FTSE 100 fell 1.51% - to 5155.95 points .
Shares British Petroleum Plc. fallen on 3,35%. It is worth recalling that BP sells assets to recover the actual and potential costs of an accident in the Gulf of Mexico. The German company Skytanking Holding GmbH, carries toplivozapravki in a number of international airports, acquired from the British oil giant BP Plc. 51% refueler S. & J.D. Robertson North Air Limited (United Kingdom). As reported in the common materials Skytanking, a deal on buying shares ended 20 August 2010. "Thus, the acquisition of a British tanker Skytanking provided access to the UK market", - says the material of the German company. The amount of the transaction were not disclosed. However, BP has retained the remaining 49% stake in North Air, carrying out refueling work at 17 British airports, including airports in Edinburgh, Glasgow and Manchester.
Macroeconomic statistics, published in Europe, was generally at the level of expectations. GDP in Germany in the II quarter of 2010., On the final data, compared with the previous quarter grew by 2.2%. This news service RBC with reference to the National Statistical Office of Germany. Analysts also expect the growth of this indicator on 2,2%. Compared with the II quarter of 2009. GDP in Germany in the II quarter of 2010. increased by 4,1%, as previously reported.
The volume of industrial orders in the euro area in June 2010. increased by 2,5% compared to the previous month. Experts expect that this figure will rise on a monthly basis at 1.5%. In annual terms, growth in industrial orders amounted to 22,6%. In May of 2010. volume of industrial orders in the euro zone rose by 4.1% on a monthly basis and by 23% annualized. The volume of industrial orders in the 27 EU countries in June 2010. compared with May 2010. increased by 2,4%, compared with June 2009. - 22,5%.
