Europe

Old World Index grew by an average of 0.8% against the backdrop of corporate accountability, which remains stably better than analysts' forecasts (perhaps the only unpleasant surprise was recorded General Electric, but in the wake of public optimism and rosy expectations went unnoticed). Estimating the numbers of reports any categories of relative, of course, you can see the positive changes, but if you look at absolute figures, the current situation is infinitely far from the norm.

America

indexes the New World increased by 0,4-0,8%, again on the background of published yesterday by the corporate records and utsepivshis for the words of Ben Beranke the emergence of signs of economic stabilization. Meanwhile, speaking before Congress, the head of the Fed by and large did not say anything worthwhile, and some that was in his spirit. In this context, confuses his own article in the WSJ, in which he allegedly identified certain steps that could move the Fed, but the text failed to have its continuation. In my opinion leadership Fed stays in a perfect sea and live with hope that the crisis will end by itself and not require changing the current rules of the game.

Management CIT Group presented a surprise: an agreement with creditors is not sufficient to rescue the bank from bankruptcy. Actually, the situation of small and medium-sized U.S. banks are very revealing: while leaders kichatsya profits received by the one-time transactions, and obviously at the expense of profits and revenues of future periods, the bulk of banking institutions desperately skrebet on susekam. Personally, I believe that the Fed at some point intervene in the process and CIT will provide financial assistance, because bank failure is fraught with the explosion of panic (previously I thought that panic does not happen in any case, but weighing all the pros and cons of ousted his point view toward pessimistic assessment of events). On the other hand, such a move by the Fed will automatically lead to lavinopodobnomu growing cries for help, which can not be ignored and will have as a razrulivat situation. In general, the situation is complex and ambiguous, and I call not deceive ourselves seemingly good records, because later it is still auknetsya hundred.

raw materials, currency, etc.

Industrial metals at auction in London to correct a little bit after the upgrade of nine peaks. Gold has not yet been able to break above $ 950, which is logical, given the jerk down and then return to zero, occurred in the index value of the U.S. dollar.

futures oil brand Brent traded around $ 66.75, crude oil futures on the mark WTI cost about $ 65.25 (September contracts at 09-15 Moscow time), ie Yesterday's trading opened at about the same price levels.

Statistics and Reporting

At 12-30 (Moscow time) published the minutes of the last meeting of the Bank of England, 13-00 (Moscow time), go on industrial orders in the euro area, in the 14-0 (ICN) published a similar indicator for the UK, 18-00 (MSC) will begin, but rather to continue a statement by Ben Bernanke before Congress, in the 18-30 (Moscow time) published data on commercial oil and petroleum products in the United States.

reporting season is in full swing and today reports a lot of companies that I mention only the most notable names: Alcon, Fiat, Morgan Stanley, Wells Fargo, Norsk Hydro, PepsiCo, SanDisk, US Bancorp and Boeing.

For quotations on the world currency ruble segment to continue to be submitted during a particular exchange rate stabilization
Today, the RTS Index is an opportunity to get to the level of 1010 points
As leaders of the rising movement of today may be shares of oil and gas companies
Today, expect short-term market correction of EUR /USD up
In the main currency tandem immediate goal - the level of 1.4140 dollars per euro
Overview of the foreign exchange market for 22.07.09
Goskomstat: the Ukrainian operators in the I half of revenues decreased to 2.7%
Time to reduce costs
Exorcist market