FOREX FUNDAMENTAL ANALYSIS

The exchange rate impact factors reflecting the state of the economy of the country:
• Economic growth (gross domestic product, industrial production, etc.);
• The state of the balance of trade, the degree of dependence on external sources of raw materials
• Growth in the money supply in the domestic market
• The rate of inflation and inflation expectations
• The interest rate
• The solvency of the country and confidence in the national currency on the world market
• Speculation in the foreign exchange market
• The development of other sectors of the global financial market, such as the securities market, competing with the foreign exchange market.

Interest rates differential (difference procentnyh Rates)
JPI - 0.5% GBP - 6.00%
In view cennyh BUMAG:
T-bills (paper Treasuries)
USA - UK Bonds - Gilts
Germany - Bunds Japan - JGB
USA - Budget deficit negative
Japan - the budget deficit of positive
In Japan this razmeŝaet core assets in bonds USA around 60% to both Market.
Central Bank Rossii razmeŝaet approximately 80% MEDIUM FF rezervnyh also in bonds USA.

indexes
DJIA-USA Nikkey - 225 - Japan
FTSE - 100 - UK CAC - 40 - France
DAX - 30 - Hang Seng Germany - HK (Gong Kong)

The Dow Jones (DJI)
There are 4 of the Dow Jones.
The Dow Jones (The Dow Jones Industrial Average - DJIA) - a simple average of the movement of share prices of 30 largest industrial corporations. The Dow Jones is the oldest and most common among all indicators of the stock market. Its composition is not the same: its components may vary depending on the positions of the largest industrial corporations in the U.S. economy and the market, but in the present conditions, such cases are rare. In principle, it has to make up 15 to 20% of the market value of the shares quoted on the New York Stock Exchange. This index is calculated by adding up the prices of the included stocks and dividing this sum by a certain denominator (which is adjusted for stock splits and dividends in the form of shares representing more than 10% of the market value of the issue, as well as the replacement of components, and mergers and acquisitions). Dow Jones quoted in points. More recently, he appeared on futures contracts in Chicago.

Readymix Dow-Jones index (the Dow Jones Transportation Average - DJTA) - average component, harakterizuûŝij traffic prices of shares 20 transportnyh corporations (airlines, rail companies and avtodorožnyh).

Communal Dow-Jones index (the Dow Jones Utility Average - đưa) - Medium component motion Kursov shares of 15 companies, zanimaûŝihsâ gas - and Electricity supply.

Composite Index Dow-Jones (The Dow Jones Composite Average - DJCA) - component, sostavlâûŝijsâ the industrial base, transportation and kommunalʹnogo Indeksovo Dow-Jones.

The index of "Standard & pauerz" (S & P)
This index is published by an independent company, "Standard & pauerz." It is made in two versions - the shares of 500 corporations and 100 shares of corporations.

S & P - 500 is a market value weighted index of 500 stocks of corporations that are present in it in the following proportions: 400 industrial companies, 20 transportation, 40 utility and 40 financial companies. It includes mainly the shares of companies listed on the New York Stock Exchange, but there are also some stocks of corporations that are listed on the American Stock Exchange and over the counter in the back. The index represents about 80% of the market value of all issues listed on the New York Stock Exchange. This index is more complex compared to the Dow Jones, but it is also more accurate in view of the fact that there are a larger number of shares of corporations and the shares of each corporation are weighted by the value of all the shares in the hands of shareholders. Futures and options on it are sold on the Chicago Mercantile Exchange.

S & P - 100. The index is calculated on the same basis as the index for shares of 500 corporations, but is comprised of stocks of corporations for which there is a registered options on the Chicago Board Options Exchange. This is mainly industrial corporations.