Following the final week of the trading session Russia's stock market has grown. RTS index added 1.77%. The MICEX index rose by 2,9%. Trading volumes remained at minimal levels.
growth of the first half of the day led the MICEX index in the region 1110 points. Towards evening the failed attempt to storm the local maxima, to complete the return to 1110.
Thus, the MICEX index continued to move in the range of 1050-1130 points. In these circumstances, in our opinion, is a logical game for a fall with a stop above the 1120-1130 points on the MICEX.
opening trades on Monday, is likely to be held with a gap down. Surrounding support levels - 1100, 1070-1080 items.
In the region of 1070-1080 points may purchase per refinement of the range, or the resumption of the uptrend. Stop in this case can be placed below the 1070, 1050 items on the MICEX index.
The American share indexes on Friday closed moderately lower. Positive forecasts from Intel and Dell could not keep the markets in positive region, which is alleged to have been the fault of the mixed data describing the state of U.S. consumers. Expenditure and income of consumers have grown less than expectations, while consumer sentiment index was better than the consensus forecast.
At the auctions in Asia is the predominance of sellers. China continues to fall against the backdrop of weak reporting of a number of companies (Baoshan Iron Steel, China Southern Airlines, China Merchants Bank)
Futures on the SP 500 moves slightly above support at 1,020 points. One of the possibilities of growth - continued working out the range of 1020-1035 points. Output below 1,020 points will lead to the development of sales in the area of 990-1000 points.
Futures on the RTS during the evening trading session found support in the region of 106 000-107 000 points. In the event of 104 000 points possible purchase with a stop less than 103 500 points.
output below 103 500-104 000 points, most likely, will cause sales to 97 000-100 000 points.
The key event of the week is expected to become the publication of comprehensive data on the labor market in the U.S. for August (Friday 16.30 Moscow time).
Today at 17.45 Moscow time will index of business activity (Chicago PMI). The consensus forecast assumes an increase in rate up to 48 points from the previous 43.4.
External Von negative. America to close moderately lower, oil and gas sector at the market, the financial sector at the market. Asia is trading lower.
The final recommendations:
investors - buy;
speculators - sell short.
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Analyst Ratings
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During the ten years to repay all debts
By 2020, the Government intends to fully pay off the current debts. Can this be done, did not receive even more new …
You can save high demand for shares of inter-regional telecom operators
The main reason for sales in Russia will be the Chinese market factor, the index of the stock market in China is losing more than 5%
Today is expected to negatively opening Russia's playgrounds
Trading volume on the stock market, MICEX Stock Exchange on Friday amounted to 84.24 billion rubles
Week on the trading floors will be fairly quiet, it will start under the sign of correction
This week may begin building momentum down the MICEX
Technical Analysis Dow Jones index
Analytical review of the Forex market for the week of 24 to 28 August
External background before the opening of trading in the RF negative, America closed lower, Asia is trading in the red
Following the final week of the trading session Russia's stock market has grown. RTS index added 1.77%. The MICEX index rose by 2,9%. Trading volumes remained at minimal levels.
growth of the first half of the day led the MICEX index in the region 1110 points. Towards evening the failed attempt to storm the local maxima, to complete the return to 1110.
Thus, the MICEX index continued to move in the range of 1050-1130 points. In these circumstances, in our opinion, is a logical game for a fall with a stop above the 1120-1130 points on the MICEX.
opening trades on Monday, is likely to be held with a gap down. Surrounding support levels - 1100, 1070-1080 items.
In the region of 1070-1080 points may purchase per refinement of the range, or the resumption of the uptrend. Stop in this case can be placed below the 1070, 1050 items on the MICEX index.
The American share indexes on Friday closed moderately lower. Positive forecasts from Intel and Dell could not keep the markets in positive region, which is alleged to have been the fault of the mixed data describing the state of U.S. consumers. Expenditure and income of consumers have grown less than expectations, while consumer sentiment index was better than the consensus forecast.
At the auctions in Asia is the predominance of sellers. China continues to fall against the backdrop of weak reporting of a number of companies (Baoshan Iron Steel, China Southern Airlines, China Merchants Bank)
Futures on the SP 500 moves slightly above support at 1,020 points. One of the possibilities of growth - continued working out the range of 1020-1035 points. Output below 1,020 points will lead to the development of sales in the area of 990-1000 points.
Futures on the RTS during the evening trading session found support in the region of 106 000-107 000 points. In the event of 104 000 points possible purchase with a stop less than 103 500 points.
output below 103 500-104 000 points, most likely, will cause sales to 97 000-100 000 points.
The key event of the week is expected to become the publication of comprehensive data on the labor market in the U.S. for August (Friday 16.30 Moscow time).
Today at 17.45 Moscow time will index of business activity (Chicago PMI). The consensus forecast assumes an increase in rate up to 48 points from the previous 43.4.
External Von negative. America to close moderately lower, oil and gas sector at the market, the financial sector at the market. Asia is trading lower.
The final recommendations:
investors - buy;
speculators - sell short.
1; user rated material 5.
Analyst Ratings
During the ten years to repay all debts
By 2020, the Government intends to fully pay off the current debts. Can this be done, did not receive even more new …
You can save high demand for shares of inter-regional telecom operators
The main reason for sales in Russia will be the Chinese market factor, the index of the stock market in China is losing more than 5%
Today is expected to negatively opening Russia's playgrounds
Trading volume on the stock market, MICEX Stock Exchange on Friday amounted to 84.24 billion rubles
Week on the trading floors will be fairly quiet, it will start under the sign of correction
This week may begin building momentum down the MICEX
Technical Analysis Dow Jones index
Analytical review of the Forex market for the week of 24 to 28 August