Yesterday's trading ended in sharp fall in Russia's major indexes (RTS index - minus 4.05%, the index of MICEX - minus 5.46%) against the backdrop of significantly increased activity of the tenders. The projected and anticipated continued correction. The increase in trading volume also spoke in favor of the fact that the potential reduction has not yet expired. Within percent negative opening reinforced later day as the deteriorating external environment. Thus, the negative went futures on major U.S. indices. The decline against the backdrop of intraday strengthening dollar - in world oil prices, lateral dynamics of world prices for precious and base metals. Within 2% - a decline of European stock markets. Added a message of pessimism and vice. Finance Minister Sergei Shatalov of the Ministry of Finance plans to raise the rate from 2010 NDPI gas. As a result, reducing the entire spectrum of the most liquid securities in advance of declining stocks of Gazprom (Gazprom - minus 8.03%, Lukoil - minus 4.3%, Nornikel - minus 7.48%, Sberbank - minus 2.03%, Rosneft - minus 5.73%, Surgutneftegaz - minus 2.03%, VTB - minus 5.67%). In general, however - the lack of external drivers of growth stimulating corrective movement of Russian stock market, ahead of its 5-month growth of economic realities.

Today external background yet also does not offer drivers for growth, but yesterday's intraday technical pereprodannost help create a positive technical rebound in early afternoon. Side, just negative momentum - on the major world markets and commodity markets. Mixed trend in the closure of major U.S. indexes (DJI - minus 0.09%, NASDAQ - 0.66%, S P500 - minus 0.14%). As leaders of decline were shares of financial companies, after reducing the debt rating agency SP-ty 19 largest U.S. banks. Shares in Citigroup fell 5.23%, shares of JPMorgan - at 2.3%, shares of Bank of America - 3.38%. But the most important - investors seem to have decided to take a pause for assessment of the real economic success and growth of the stock market over the past 5 months, especially in anticipation of the Fed meeting in the United States early next week. Flat unspoken dynamics of futures for the major U.S. indexes. Because of today are expected unemployment data for the week, the index of leading indicators for the United States in May, the index of business activity from the FBI Philadelphia.

modest decline after a sharp fall in the previous 2-ooh sessions - on the stock markets of Latin America (Mexico - minus 0.3%, Brazil - minus 0.31%, Argentina - minus 3.25%), preferential reduction, and in Asia (Japan - minus 1.39 %, Korea - minus 1.02%, China - 1.1%, Taiwan - minus 0.8%).

Lateral dynamics - on the world oil market yesterday and the bids in Asia today. August futures price of oil brand Brent on the results of yesterday's auction rose by 0.61 dollars to 70.85. In Asia, prices declined by 0.2 dollars. Weeklystatistics from the Energy Information Office, show the reduction of oil higher expectations, but yesterday a weakening dollar to major currencies after the inflation statistics, shows an increase in consumer inflation below expectations. In the end - continued market consolidation around the $ 70 level. Today, the only factor in managing the dynamics of the oil market remains the direction of movement of the dollar to major world currencies.

Mixed, unspoken dynamics - at the major base metals market. As a result of yesterday's auction at the LME, three-month futures price of nickel declined by 0.99%, and zinc - to 0.25%, copper prices rose to 0.02%, lead - to 1.21%.

sharp decline, the most significant in the ADRs for shares of Gazprom (minus 7.62%) - in Russian ADRs in the shares of oil and gas sector in the United States, a negative discount relative to the closing prices of shares on the RTS on 17 June. Gazprom - minus 1.98%, Lukoil - minus 0.9%, Surgutneftegas - minus 1.9%.

The Russian stock market is expected to stringy small increase in the main indices in the first half of yesterday's auction at the expense of technical intraday pereprodannosti. Yesterday's large trading volume speak to the fact that in the short term negative trend will prevail. The closure - on the direction of movement of world stock and commodity platforms. The range of fluctuations in the major indexes today - 1020-1080 items, with the obvious prerequisite for testing the level of 1000 points in the short term.

In the positive zone remain some oil shares, supported by still high oil prices
Correction on Russian sites vydohnetsya early next week
Strongly prosest Russian market not established the price of oil close to $ 70 a barrel
The situation on the foreign sites remains relatively stable
It is possible that during the session, the MICEX and RTS indexes fell below 1000 points
Today at the Russian sites is expected to continue the negative dynamics of
Another aim of the MICEX indexwill mark 1000 points
Shares IDC Volga now overvalued relative to the analogs
Today on the Russian stock market is expected to multidirectional changes in quotations of securities