February 13th, 2010
Wednesday ended lower on the equity market. The MICEX index lost 1.54%. Trading volume is moderately reduced compared with a peak Tuesday.
In the first half of the medium MICEX index set a new local peak in the vicinity of 1490 points, then steadily declined until the close of trading, reaching 1460 points.
U.S. stock indices closed in the red on Wednesday. The worst of the market felt the oil and gas sector, which is associated with weakness in commodity prices, which are under pressure against the backdrop of a strengthening dollar.
Reporting biggest companies also added a positive. Nevertheless, SP 500 was within the range of 1130-1150 points, which gives hope for the resumption of growth at least in side views.
Futures Brent oil continues to fluctuations in the region of $ 75-76, which raises concerns about the possibility of reducing to $ 70, as in the range of $ 75-80 you can expect more strong and sharp rebound from $ 75. To resume growth of futures must surely pierce resistance at $ 78, or working out with the release of $ 75-78 to $ 70.
during the Asian trading session on the buyers continue to influence fear of tightening monetary policy, strengthen measures to combat overheating in China. China”s GDP added in the fourth quarter of 2009, 10,7%, which allowed to talk about the emerging bubble.
better than most at the auctions in Asia feels the Japanese market. However, the main contribution to the growth of the company have high-tech sector, which reduces the potential impact of optimism on Japan Russia”s stock market.
Futures on the SP 500 during the U.S. session tested the lower boundary of the range 1127,5-1147,5 points. Currently, futures traded at around 1,137 points, which is located approximately in the middle mined range.
To continue growth in the domestic stock market, or at least retain the achieved values of desirable futures continued increase in SP 500 to 1145-1150 items.
Thursday on Russia”s stock market expected to begin with a moderate gap up. Locally, the situation can be considered as fluctuations within the range of 1450-1500 points on the MICEX.
Overcoming down items 1445-1450 worsen the technical picture for the “bulls”, denoting the preconditions for a reversal.
Futures on the RTS during the evening session tested support in the area of 155 500 points. Under the neutral scenario await refi1000nement of 155 000-160 000 points. Positive implies growth above 160 000, negative - on sale for 150 000 and below. Thus, the stop-loss on the “long” recommend that you place below 155 000.
inside day on the course of trading will continue to influence reporting of U.S. companies.
At 16.30 Moscow time, to be published data on applications for unemployment benefits.
At 18.00 Moscow time - The index of leading indicators for December, index of business activity from the Philadelphia Federal Reserve in January.
At 18.30 Moscow time - oil and petroleum products.
External von moderately negative. America closed lower, oil and gas sector is moderately worse than the market, the financial sector at the market. Asia is trading different direction.
The final recommendations:
Investors - cut position “;
speculators - “play to improve”.
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Following yesterday”s trading volume on the stock market, MICEX Stock Exchange amounted to 107.2 billion rubles
The opening is expected to increase in prices of shares on the Russian 0,5 - 1,0%
Today the attention of players will be attracted to the data on stocks of petroleum and petroleum products, which can distract the market up or down
This morning”s background is more positive for Russia”s stock market
U.S. stock indices closed in the red Wednesday
Latin America: the markets prevail Bears
MPs demand to prevent the merger of Kyivstar and VimpelCom
The IMF has begun the budget reading
Kommersant: Ukraine is economically non-free country



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