Of Perforation trend on the MICEX index and important supports for the securities now held all the same

The price of oil continues to move to a level of $ 60 per barrel. On the other hand, the MICEX index was in the vicinity of a rising trend, as shares of Gazprom - the support of 145 rubles. This contradiction and the resulting inactive trading yesterday, during which changes in quotations were divergent, but repeated attempts to choose the direction of movement were not successful. In doing so, the growth leader among the blue chips were shares of Surgutneftegaz, smotrevshiesya somewhat weaker than in previous days, but outsiders were steel companies: Severstal shares cheaper at 3.12% and NLMK - on 5,30%. A prerequisite for such a weakness was a decline in the prices of metals, as well as the possible closure of long positions after the optimism shown by investors to the recent papers on the background metal news from China.

As for the market as a whole, we believe that the trend of Perforation on the MICEX and the important supports for the securities now held all the same, then the market may decline further. This is the most likely scenarios, if in the course of the trading on U.S. futures rebound will take up, and oil will continue to decline towards the goal at $ 60 a barrel

Today:

Leading global markets declined on Tuesday: German DAX -1,15%, Britain's FTSE -0,19%, DJIA -1,94%. Asian markets this morning, declining, while Japanese Nikkei225 losing -2.36%. Futures on the S P500 drops to -0.23%.

Pair EUR /USD is in the € /$ 1,3907, while USD /JPY - in $ /#165; 94.24. Gold is $ 922.55 per troy ounce, silver - $ 13.09 per troy ounce, Copper - $ 4,852, and nickel - $ 15,390 per metric ton.

Yield for UST-2, 0,95; for UST-10 3,43.

Oil Prices in the last 24 hours have fallen by $ 1.83 to $ 62.43 a barrel varieties Brent. In view of turning the figure double peak, it is possible to predict the fall in the value of black gold to $ 60.

So, today we are waiting for multidirectional changes of quotations on the securities market, with a probability of further decline.

Today, at 09.00 GMT in the euro fell on GDP for the EU I quarter (GDP).

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Analyst Ratings


The main outsiders of the day will be the paper of oil and steel companies
Exchange EUR /USD has tested this morning, a new two-week minimum at around 1,386
Expected to care indexes MICEX and RTS below the level of 880 points
It is obvious that the global financial market has entered a stage of a global correction, after the spring wave of growth
Factors support the Russian stock market is not yet visible
Today on the Russian stock market will be the day of sales
FGC is beginning the deployment of additional shares at a price of 51 kopeks per share
Industrial metals bids in London jumped in price
Oil continues to fall in price the third consecutive day because of the lack of growth factors

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