United States
Futures on the SP 500 index falling by 0.6%.
Europe
European markets falling in anticipation of data from the U.S. labor market and the ECB rate decision. European FTSE Eurotop 100 index -0.99%, Britain's FTSE 100 -0.72%, German Xetra Dax -1.6%, French Lyxor Cac 40 -1.23%.
leaders in reducing the shares of mining companies against the backdrop of falling metal prices in London. Before the stock sector grew at an average of 4%, leading the growth in the indices after the encouraging data on the status of the Chinese economy. Lonmin -3.3%, BHP Billiton -2.8%, Anglo American -2.6%, Eurasian Natural -2.2%. The negative trend in the shares of steel giants. Shares of European automotive companies declining after downgrading recommendations on the sector by Credit Suisse. Volkswagen -3.5%, Daimler -3.1%.
Macroeconomic data again showed a rise in unemployment and the strengthening of deflationary fears. Unemployment in the euro area in May rose to a maximum of 10 years, the level of 9.5%. It was expected that unemployment will be at the level of 9.4%. The index of producer prices in May fell by 0.2% compared with April, and at 5.8% annualized. This is the maximum reduction per year for the past 27 years, since the beginning of statistics. Predict that in calculating the monthly rate will not change, while the annual decline to 5.6%.
Oil
Oil prices falling for three consecutive sessions. Investors expect the negative data from the U.S. labor market, the continued decline in the number of jobs in the largest world economy, signaling a deepening recessionary processes. Spot Brent $ 66.75, WTI $ 69.31. Futures falling by 2%.
Russia
The Russian market reacts to an external negative decline. Almost immediately after opening the index went into a zone of 2% reduction, in which the remains. At 15:10 Moscow time the MICEX index falling to 2.1%, 0.43% on RTS. Trading volume on the MICEX stock market at low levels and comprise 23 billion rubles.
The decline in oil prices is reflected in the quotations of Russian oil and gas companies. Shares of Gazprom fell to 3.2%, Novatek -3.8% -1.9% Rosneft, Lukoil -1.5%. Shares of banks also outsiders. -3% Sberbank, VTB -3.3%.
better market the steel sector. Growth in the sector caused by rising shares of the recommendations, as well as the decision of the Chinese manufacturers agree to a reduction of 33-40% of the price of iron ore on long-term contracts, which increases the competitiveness of Russian companies. NLMK 6.9%, 2.7% Severstal, MMK 2%, Mechel 1.6%.
Outlook
Tomorrow, the U.S. output in connection with Independence Day, so the main activity will be in the end of today's auction. At 15:45 ECB announce a decision on the rate in the United States will be 16:30 the data block from the labor market. Also at 16:30 the head of the ECB Jean-Claude Trichet will comment on the future policy of the central bank.
Dynamics to close to a large extent will depend on the reaction of currency and commodity markets in the ECB rate decision and comments of Chapter Bank Jean-Claude Trichet on future policy departments. Great importance and will have data from the United States, which expects an increase in unemployment and further job cuts.
From the technical point of view, the market is struggling for the level of 1000 points, which have not yet been able to pass either one or the other way. As if these projections are much worse, not excluding the rollback to the level of support of 930 points on the MICEX index. Speculators, I recommend to stay away from the market, the medium-term investors to build positions in securities at lower levels of 930-950 points, I recommend a long-term investors to hold the position.
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Analyst Ratings
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Opinion: The price of petrol A-95 can grow by the end of summer more than UAH 1 per liter in the absence of agreements with the oil
Analysis - Results of the day
Despite the slight decline in Russian stocks, large and panic selling is not
Futures on the VTB in the early hours of the trading was in a positive basis of 55 - 60 points
Data on the U.S. labor market can affect the mood of the players
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 18.84 billion rubles
In the IDC Holding could enter one of the affiliated distribution companies
Since early 2009, Russian Railways has reduced the level of accidents on the railways by 18%
Futures on the SP 500 index falling to 0.6%
It looks like the market sector of the steel industry: NLMK shares increased by 6.3%, Severstal at 2.7%
United States
Futures on the SP 500 index falling by 0.6%.
Europe
European markets falling in anticipation of data from the U.S. labor market and the ECB rate decision. European FTSE Eurotop 100 index -0.99%, Britain's FTSE 100 -0.72%, German Xetra Dax -1.6%, French Lyxor Cac 40 -1.23%.
leaders in reducing the shares of mining companies against the backdrop of falling metal prices in London. Before the stock sector grew at an average of 4%, leading the growth in the indices after the encouraging data on the status of the Chinese economy. Lonmin -3.3%, BHP Billiton -2.8%, Anglo American -2.6%, Eurasian Natural -2.2%. The negative trend in the shares of steel giants. Shares of European automotive companies declining after downgrading recommendations on the sector by Credit Suisse. Volkswagen -3.5%, Daimler -3.1%.
Macroeconomic data again showed a rise in unemployment and the strengthening of deflationary fears. Unemployment in the euro area in May rose to a maximum of 10 years, the level of 9.5%. It was expected that unemployment will be at the level of 9.4%. The index of producer prices in May fell by 0.2% compared with April, and at 5.8% annualized. This is the maximum reduction per year for the past 27 years, since the beginning of statistics. Predict that in calculating the monthly rate will not change, while the annual decline to 5.6%.
Oil
Oil prices falling for three consecutive sessions. Investors expect the negative data from the U.S. labor market, the continued decline in the number of jobs in the largest world economy, signaling a deepening recessionary processes. Spot Brent $ 66.75, WTI $ 69.31. Futures falling by 2%.
Russia
The Russian market reacts to an external negative decline. Almost immediately after opening the index went into a zone of 2% reduction, in which the remains. At 15:10 Moscow time the MICEX index falling to 2.1%, 0.43% on RTS. Trading volume on the MICEX stock market at low levels and comprise 23 billion rubles.
The decline in oil prices is reflected in the quotations of Russian oil and gas companies. Shares of Gazprom fell to 3.2%, Novatek -3.8% -1.9% Rosneft, Lukoil -1.5%. Shares of banks also outsiders. -3% Sberbank, VTB -3.3%.
better market the steel sector. Growth in the sector caused by rising shares of the recommendations, as well as the decision of the Chinese manufacturers agree to a reduction of 33-40% of the price of iron ore on long-term contracts, which increases the competitiveness of Russian companies. NLMK 6.9%, 2.7% Severstal, MMK 2%, Mechel 1.6%.
Outlook
Tomorrow, the U.S. output in connection with Independence Day, so the main activity will be in the end of today's auction. At 15:45 ECB announce a decision on the rate in the United States will be 16:30 the data block from the labor market. Also at 16:30 the head of the ECB Jean-Claude Trichet will comment on the future policy of the central bank.
Dynamics to close to a large extent will depend on the reaction of currency and commodity markets in the ECB rate decision and comments of Chapter Bank Jean-Claude Trichet on future policy departments. Great importance and will have data from the United States, which expects an increase in unemployment and further job cuts.
From the technical point of view, the market is struggling for the level of 1000 points, which have not yet been able to pass either one or the other way. As if these projections are much worse, not excluding the rollback to the level of support of 930 points on the MICEX index. Speculators, I recommend to stay away from the market, the medium-term investors to build positions in securities at lower levels of 930-950 points, I recommend a long-term investors to hold the position.
Your grade will be the first!
Analyst Ratings
Opinion: The price of petrol A-95 can grow by the end of summer more than UAH 1 per liter in the absence of agreements with the oil
Analysis - Results of the day
Despite the slight decline in Russian stocks, large and panic selling is not
Futures on the VTB in the early hours of the trading was in a positive basis of 55 - 60 points
Data on the U.S. labor market can affect the mood of the players
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 18.84 billion rubles
In the IDC Holding could enter one of the affiliated distribution companies
Since early 2009, Russian Railways has reduced the level of accidents on the railways by 18%
Futures on the SP 500 index falling to 0.6%