Russia

Russia's stock market yesterday strengthened its position: the RTS index rose 0.95% to exactly 100% since the beginning of this year, as loudly trumpeted Russia's media, the MICEX index rose to 0,38% (to a significant event not missing four percentage points). Trading volume on the RTS stock exchange amounted to $ 3.86 billion, of which $ 2.19 billion were in the tools of the derivatives market, the MICEX Stock Exchange Section to gain by selling 156.6 billion, turnover in the index amounted to 61.4 billion rubles.

bitter struggle for the 1,200 points mark for the MICEX index continues: cash liquidity is not giving the market free fall, and special occasions for no growth. Whatever did not talk about the investors' appetite for risk, desire to eat is not to desire hog all in a row. Period when the shelves swept everything ended in the first half of the year, but now it is time for culinary delights, but they are impossible without specific reasons. Yes, reports Russia's companies do not look bad, which is not about statistics on Russia's economy in general. Moreover, virtually impossible to separate the success of the companies themselves from the implementation of stabilization measures by the Government, and therefore distortion of reporting must be incredibly strong. This applies not only to the situation in Russia, it can be called the global trend (keep silence about innovation in accounting standards to its virtualization). Lag of the real sector of the stock market sees a huge and increasingly you can hear the question: not too fast we run?

Futures for Brent oil traded slightly above $ 65.75, futures on WTI crude oil are slightly above $ 67 (November contracts at 9-30 Moscow time). Today published data on stocks, according to the consensus expected gain of 0.5 million barrels, the American Petroleum Institute (API) reported an increase in reserves at 2.8 million barrels. However, the expectations, as well as data independent API, often little correlation with the official statistics.

The situation in the Asian sites and in the U.S. index futures can be called neutral. Against this background, Russia's stock market may open at yesterday's closing levels, possibly with a small gap up within 0,5%, if the discovery of oil, at least for a little bit older. During the day, fierce fighting continued in the range of 1200-1230 points on the MICEX index.

America and Europe

indices of theNew World fell by 0,2-0,5%, - positive news from the corporate sector could not outweigh the vague statistics, on the eve of statements of the season, the nerves are strained to the breaking point. Also affects the uncertainty on the future of markets, which plays into the hands of bears, as bulls are generally afraid to enter the market when it is foggy.

indices Old World finished yesterday's trading raznonapravlenno, the average change amounted to 0,15% (DJ STOXX 600), against a background of macroeconomic statistics and contradictory jumble of news from the corporate sector.

The bank BNP Paribas announced the intention to shift the responsibility for repayment of government loans on the shoulders of the shareholders, for which the bank allocates additional shares with a 30% discount to market prices - the discount has not prevented the bank's shares rise by 2.35%. A U.S. CIT Group shares soared 31.75% on the background information on the additional injections.

raw materials, currency and so on

industrial metals on the auctions in London, the price of gold and oil futures yesterday finished in a neutral, exactly as the American dollar. Gold firmly clung to mark $ 1000 - as the dollar will weaken, or break out until the second wave, which expect fewer and fewer people, the prospect of growth in the eternal values very, very limited.

Statistics and Reporting

Today 13-00 (Moscow time) published consumer price index in the euro area, at 16-15 (Moscow time) leave the data on employment in the United States, 16-30 (Moscow time) published data on U.S. gross domestic product in 17-45 (ICN) published an index of business activity in the 18-30 (Moscow time) publishes data on stocks of petroleum and petroleum products.

Negative closing trades in the United States on the eve of levels the increase in the oil market
Today is definitely the game in the hands of the Bears
Any negative now perceived as a pretext to commit, so it's possible a more profound drop in the indices
Today, before the next portion of statistic data from the U.S. market will rule the speculative mood
Shopping on Russia's markets are becoming less confident in the coming days, volatility will remain high
FAS Russia will turn to Russia for YOU confirm the validity of their conclusions about the non-competitive behavior, TNK-BP
Prices for gold and oil futures yesterday finished neutral
Dollar depreciated - the morning review of cash markets
U.S. preparing sanctions against companies insuring the supply of oil products in Iran