In today's auction easing pressure on the ruble will have a financial sector

The tender was held Friday at the Russian stock market did not bring surprises. As part of the forecast - the preponderance of negative dynamics of the major indices (RTS index - minus 1.06%, the index of MICEX - negative 0 /31%). Low activity of the summer auction. Full correlation with reduced prior to America with the world price of oil falling. Some speculation continued smooth sliding down in the absence of fresh money and ideas.

Reduction - across the spectrum of the most liquid securities, which stresses the common causes of correction (Gazprom - minus 1.25%, Lukoil - minus 0.49%, Nornikel - minus 2.62%, Sberbank - minus 1.93%, Rosneft - minus 1.2%, Surgutneftegas - minus 0.55%, VTB - minus 1.96%).

today also - all prerequisites for the continuation of sliding down. The apparent predominance of negative trends in world oil prices, the morning decline in futures on major U.S. indices in negative momentum continued on Thursday. The absence of meaningful economic statistics, the lack of meaningful financial reporting of companies.

In the absence of Friday bid U.S. - dominance of stagnation, mainly the lateral dynamics of world equity markets. Lateral dynamics - in the stock markets of Latin America (Mexico - minus 0.03%, Brazil - minus 0.18% Argentina - 1.1%) and Asia (Japan - minus 1.38%, Korea - 0.7% China - 1.08%, Taiwan - minus 0.23% ).

Continued expressed negative dynamics against a background of strengthening the dollar and the euro - on the world oil market last Friday, continued negative trends in the auction in Asia today. August futures price of oil brand Brent, on the basis of Friday trades fell by 1.04 dollar to 65.61. In Asia, prices fell by 0.47 dollars.

Priority decline - in the market of the major base metals. As a result of trades on Friday LME, three-month futures price of nickel declined by 0.96%, copper - by 1.3% in zinc - to 0.64%, lead - to 0.29%.

The Russian stock market is expected to open the main indices of the negative and the likely dominance of the negative dynamics of most of the day. During the decline - all external preconditions. World oil prices are ready to test support at $ 65 for class brands Brent, continue to decline, world prices for base and precious metals. In anticipation of the start of a season of financial statements for the last quarter of the world's largest companies - the preponderance of pessimism in the global stock markets. In the face of declining global oil prices - a weakening of the ruble. Worse than the market - the dynamics of the shares of oil companies against the backdrop of a significant reduction in world oil prices. The weakening of the ruble will be pressure on the financial sector. The unutilized capacity of the technical correction after the spring rally against the backdrop of the negative external background as a whole will have a pressure on the current dynamics of the entire spectrum of Russia's most liquid securities. Moving MICEX index today - to the support of 930 points. Continuing the summer forecast of the lower limit of the broadband range 760-800 points.

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