February 23rd, 2010
previous session
Tuesday trading session on Russian stock markets closed in the red: -2.53% RTS, MICEX -2.19%. After the negative of the morning opening, the domestic market continued to decline again. Against the background of negative dynamics of quotations of oil futures and the U.S. indexes, and also released negative data on UK GDP MICEX index dropped below 1,390 mark in points. Nevertheless, in the afternoon, there was upward movement of indices, which is explained by positive news on the statistics from the United States. However, the “bulls” failed by the end of the day to break through the resistance level of 1,390 points of the MICEX Index. The result: oil and gas sector: -0,85% Gazprom, Lukoil -2.60% -5.17% Rosneft, Surgutneftegaz -2.23%. Banking Sector: Savings -2,53% -1,53% VTB. Sector-ferrous metallurgy: MMC Norilsk Nickel -2.76% -1.17% PolyusZoloto.
European indexes finished trading in the negative: the British FTSE100 0,31%, German DAX -0,67%.
U.S. exchanges closed in the negative. Tuesday came out the following statistics: the index of consumer confidence in the U.S. in January 2010 rose by 2.3 points - to 55.9 points. This was much better than analysts” forecasts (53.5 points). The price index for housing rose by 0,7% (m /m) and 0,5% (n). Against the background of positive U.S. data exchanges opened in a small minus, but then showed a slight increase. However, several hours later, the indexes turned in a negative direction. By the end of the trading session the index DowJones almost returned to the position of the opening (10192 points). It is worth noting that looked better than the market shares of automotive, worse - Paper telecoms. The result: DowJones -0,03%, SnP500 -0,42%, Nasdaq -0,32%.
Before opening
Asian session demonstrates the negative dynamics: Japanese Nikkei225 -0,23%, Chinese Shanghai Composite -0,10%, the Australian Index All Ordinaries -1,56%. U.S. futures SnP500 0,20%. Quotes of the ruble is now located at around 30,22 (Forex). Oil brand Brent 73,30 (0,01%). A pair of Euro /USD. traded near 1.41.
Recommendations
expect a negative opening of the domestic sites. Russia stock market is influenced by the negative external background. Closing of the American indexes passed in the red zone, the Asian session continues to demonstrate the negative dynamic, quotes, oil is now trading around $ 75 /bar. However, now expected next macroeconomic statistics, financial statements of companies, as well as the Fed meeting. In the case of positive data on domestic platforms may identify some improvements. However, the market now looks quite weak, and a certain percentage of risk for further decline, still exists.
Expected data for today: 18:00 Sales ie9fn the primary housing market (U.S.), 18:30 Reserves of oil and petroleum products (U.S.), 22:15 Decision on interest rate the Fed (U.S.).
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Analyst Ratings |
If you change the situation on Russia”s market of foreign sites may jump out of the corridor 1370 - 1400 points on the MICEX
At the opening of Russia”s market will continue to restore, but expect significant growth in prices until the costs: the major players took a break
Futures on the RTS index lost 2.48% the day, dropping to a value of 145 660 points
Under most pressure now may be the paper”s largest Russian banks
Exd82ternal background moderately negative for the market of Russia, America closed moderately lower, Asia traded raznonapravlenno
Today, the closest level of support for the RTS Index futures will mark 147.800 and 149.000 points
The international currency market on Tuesday once again dominated by pessimism
Yesterday, the euro /dollar continued its decline in the U.S. session, and reached a mark 1.4041
Budget option



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