Friday bidding on our sites were in the lateral movement of the support at 1020 on the MICEX index. No bull or bears have been unable to gain the upper hand. The first does not ambient background, and the second did not have the strength to overcome the support. As a result, on Friday the MICEX index lost 0.38%, ending the day at 1017.29. For previous bear weekly loss index MICEX amounted to about 10.5%.
Friday trading on the U.S. market went sideways movement. If the first third of the trading indexes added around 0.5% - 1%, then after the closing of the American sites, a wave of sales, which increased to levels of indices of the closing Thursday. Energy market decline Friday after the morning of Monday is adjusted upwards. As a result, futures for Brent crude oil brands to 10.00 Moscow time. traded at levels of 69.4 $ /barrel.
In our view, the decline continued today. Despite the growth in Asian areas, the external background will not allow bulls to keep the level of 1020. As a result, today the market once again, may try to break the level of 1000, as well as to update at least the previous week, set at 983,66.
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Analyst Ratings
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Analytical review of the Forex market during the week from 15 to 19 June
Iraq confirms plans for issuing licenses for oil fields
Analyst Forecasts: Worse than the market today will be traded securities of oil and gas sector
Better the market today will look action Sberbank
The Russian market was not identified in the direction of further movement
In anticipation of the Fed meeting on Wednesday, the U.S. players can refrain from action too
MICEX index back to the area of 1010-1000 points, from which he can help lift statdannye Germany
Start bidding on the Russian market will be held with the gap down to 1-1,5%, reflecting lower prices for hydrocarbons
Downward movement today is expected in the liquid securities of oil and banking sectors
Bears will continue to keep Russia in their hands
Friday bidding on our sites were in the lateral movement of the support at 1020 on the MICEX index. No bull or bears have been unable to gain the upper hand. The first does not ambient background, and the second did not have the strength to overcome the support. As a result, on Friday the MICEX index lost 0.38%, ending the day at 1017.29. For previous bear weekly loss index MICEX amounted to about 10.5%.
Friday trading on the U.S. market went sideways movement. If the first third of the trading indexes added around 0.5% - 1%, then after the closing of the American sites, a wave of sales, which increased to levels of indices of the closing Thursday. Energy market decline Friday after the morning of Monday is adjusted upwards. As a result, futures for Brent crude oil brands to 10.00 Moscow time. traded at levels of 69.4 $ /barrel.
In our view, the decline continued today. Despite the growth in Asian areas, the external background will not allow bulls to keep the level of 1020. As a result, today the market once again, may try to break the level of 1000, as well as to update at least the previous week, set at 983,66.
2 users rated material at 2,5.
Analyst Ratings
Analytical review of the Forex market during the week from 15 to 19 June
Iraq confirms plans for issuing licenses for oil fields
Analyst Forecasts: Worse than the market today will be traded securities of oil and gas sector
Better the market today will look action Sberbank
The Russian market was not identified in the direction of further movement
In anticipation of the Fed meeting on Wednesday, the U.S. players can refrain from action too
MICEX index back to the area of 1010-1000 points, from which he can help lift statdannye Germany
Start bidding on the Russian market will be held with the gap down to 1-1,5%, reflecting lower prices for hydrocarbons
Downward movement today is expected in the liquid securities of oil and banking sectors