Speculators in the trading session may prefer to sit out long weekend in the cache

As a result of yesterday's session, Russia's major indexes closed in the black. Toward the end of the trading day have been published data on oil and oil products in the United States, which were better than forecasts and supported by quotations on commodity markets. But the domestic market was unable to play this growth, since the situation spoiled reducing major U.S. indexes, which rapidly returned to the lower border of the short-term ascending channel. Following the closure of our situation has not changed, so the start of trading session promises to be at yesterday's closing. Poluprotsentny increase in U.S. futures indices can significantly support the Russian market during the trading session, the MICEX lead to the upper boundary of the rising channel, the area of 1155 points. For the level of Perforation of the top buyers in the market there, but the prevailing speculators are likely to capture profitable positions in anticipation of a long weekend. During the course of the trading day will be adjusted macroeconomic statistics from the United States. The negative data on retail sales may reinforce speculative wave of fixed income.

positive signal before starting the session was the rise in oil prices, but unfortunately the experience of yesterday's trading day, in the absence of major investors, this fact is not able to disperse and return to the market indices for the annual Heights. To puncture the upper border of the ascending up the channel is needed first and foremost a major buyer, who this week on the market lacking. If you look at the dynamics of indices of emerging markets since the beginning of the week, then, unlike in previous weeks, when the dynamics of these indexes ahead of other global indices, the current, they show the general trends, because of the overheated markets of most developing. Most indices of emerging markets since the beginning of the year gaining 50% or more, and further growth requires a correction. For the Russian market should also receive a signal from the U.S. market, but the indexes have only recently reached the level of closure in 2008, slightly exceeding them, and are currently consolidated in formed at the end of May, short-term ascending channel. In particular, SP 500 consolidated in the range 930 - 950 points. While the Russian market did not wait for the data signals, the indexes will be consolidated to reach the level, so the medium-term investors do not actively enter the market, since the probability of a more serious correction, and speculators should, instead, to actively use the high volatility in the market.

According to the results of yesterday's session, the major U.S. indices closed in the red. The negative impact of the results of the auction for the placement of treasury bonds. In addition, high oil prices are already beginning to cause anxiety in the minds of investors. The opening took place in the black despite negative makrostatistiku before the opening session, but after the sharp jump in commodity prices and a pessimistic extract from the minutes of the Fed led to the sale on the market. According to the minutes of the Fed, the U.S. economy is still very weak, and, in many areas, the situation continues to deteriorate.

At the Asian sites of mood during the session deteriorated. The indices are insignificant in the black.

In the evening session on FORTS most of the contracts on stocks neftyanki declined, due to part-time correction in the prices of raw materials after reaching maximum levels on a background of positive data on oil and oil products. According to published statistics, last week's oil reserves in the United States fell by 4.4 million barrels, against a background of reducing imports andincreasing demand for gasoline. It looked like a contract for the shares of Rosneft, adding 1.23%. At the opening of the paper companies can test the resistance in the region of 10-day moving behind at 204 rubles. Correction in prices of raw materials could enhance sales in the sector, thus achieving record levels of resistance to encourage profitable position for shares neftyanki.

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Analyst Ratings


By the evening of Thursday the market may be below the previous day's closing
Contracts for the euro-ruble cheaper at 0.48%, fixed at the value of 43 200
In today's auction blue chips will continue to sell previously formed bands
Our market may gain above 1145 points on the MICEX index, but the level of 1160 points could be an insurmountable barrier
Trades today will be on a typical scenario for the last few days: the opening of the rapid growth and the slide of the previous closure
Quotations of black gold stubbornly go up, that it does not allow for the development of correction
In the early trading session on the MICEX on Thursday, possibly mixed traffic quotations leading securities
By the opening of tenders at the Russian sites Futures WTI upgraded to an annual maximum at around $ 72.18
On Monday, terminate the ban on short sales commission, which may in time have a negative impact on our market

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