Changed direction, the Russian market on Wednesday went up in response to U.S. futures and the rebound in oil prices. In this paper Sberbank, still retain the leadership turnover, looked weaker market, and leaders of growth were to catch the market shares VTB, good-looking in recent papers of Gazprom and the Russian Hydro shares, supported by news that the company plans to launch the program ADR Level 1, which should help increase demand for its shares.

In general, however, despite the growth, the MICEX index was unable to break up the line downward trend, but because today is likely rebound down - even more so that the external background is moderately negative, while oil prices also falling, failing to break-up of formed recently outset. Apparently, yesterday's data on energy reserves in the United States, showed, along with declining oil reserves is also a significant increase in stocks of gasoline and distillates, not very pleased bulls, but because the cost of black gold once again moved to the bottom border outset. And in this case is notable that the outset may suddenly turn into turning a double peak with a view to $ 60 per barrel for Brent that the class will naturally have a negative for the Russian market.

However, we still believe that the most powerful movement we can see after the weekend because of the American holiday of July 4, the markets may be somewhat more sluggish than usual. The only chance for the movement we have today in the evening, when the United States went a whole clip of the news relating to the American unemployment.

Today

leading world markets on Wednesday showed growth: German DAX 2,01%, Britain's FTSE 2,15%, DJIA 0,68%. Asian markets this morning did not have a single dynamic, with the Japanese Nikkei225 lose -0.42%. Futures on the S P500 reduced by -0.26%.

Pair EUR /USD is in the € /$ 1,4108, while USD /JPY - in $ /#165; 96.59. Gold is $ 939.35 per troy ounce, silver - $ 13.75 per troy ounce, Copper - $ 5,091, and nickel - $ 16,310 per metric ton.

Yield for UST-2, 1,05; for UST-10 3,54. Oil prices over the past 24 hours have fallen by $ 1.06 to $ 68.69 a barrel varieties Brent. Thus, today we look forward to reducing the quotations for the securities market in early trades.

evening at 11.45 GMT will be the ECB rate decision (we expect to preserve the rate of 1%). Then, in the United States at 12.30 GMT is a block of statistics on unemployment: a change in the number of employees in non-agricultural sector (Change of Nonfarm Payrolls), the overall unemployment rate (Unemployment Rate, expected 9.6%), as well as the number of primary and repeat applications forunemployment benefits (Initial Jobless Claims and Continuing Claims). In addition, 14.00 GMT will be the data on changes in production orders in the United States (Factory Orders).

Medicine prescribed billions
Metropolitan RealEstate Market: brick by parachute
Indexes in the United States rose on Wednesday on the positive statistics, futures on Thursday desheveyut
Exchange EUR /USD remains a short-term growth potential, but high risks bull trend in the opposite
Of Perforation of 91 000 could lead to a drop in futures on the RTS index by 10-15%
Solid news background may support the Russian stock market a local burst of optimism
Given that U.S. markets will be closed tomorrow, the importance of the outcome of today's trading session on MICEX is difficult to overestimate
To confirm disruption downward trend MICEX index would need to gain a higher mark in 1015 items
The external background will not allow bulls to continue yesterday's rise, probably attempted to return the MICEX index in descending channel