Today, Russia has kept the market downtrend, which began on Wednesday. Reasons for sales remained unchanged. The main negative re-focus on primary sites and in futures on U.S. indices. SP 500 Futures on the verge of strong support level, 1100 points, which can increase penetration of the negative trends in the domestic market. Revision agency Fitch forecast for Russia”s rating to “negative” to “stable” is not provoked a reaction from Russia market participants. The papers continued to rapidly fall in price under the pressure of external negative. In general, the dynamics of emerging markets this week was negative, indices emerging markets fell faster pace, due to conservation concerns about Greece as well as news from China. Therefore, the risks of sales promotions in emerging markets during the coming week saved.
Until the end of the session, the dynamics of bidding will be determined by the situation on the American sites, namely the depth of the fall of U.S. indexes at the opening session. Technically, the SP 500 index during yesterday”s session has struck a strong level of support. Today, the support level of 1100 may make the items. Thus, the potential reduction of about 1,5%.
the risk of high positions on Monday, but the technical level on most world indices indicate a rebound. In the opposite case of technical correction may turn into a more ambitious.
next week promises to be quite volatile. Reporting Season coming to an end, but the saturation makrostatisticheskimi data again raise the speculative activity. At the beginning of the week, special attention should be paid according to the U.S. housing market. Finish the trading week will determine the statistics of the U.S. GDP for the IV quarter. Volatility in the currency market also promises to be high. The main event of the coming week will be a meeting of the Fed. The main risk to the markets is the penetration of a currency pair EUR /USD technical support level 1.4. In the opposite case - when the turn pair EUR /USD - raw ground will rise to the change of trend.
MICEX during today”s session tested the lower boundary of the medium-term rising channel (1400 points). This week, in case of continued negative trends in the MICEX index could test the local level of support (1380 points). In the case of positive signals, the indicator may test resistance level at 1,460 points.
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Analyst Ratings
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NBU the increase in the index of production of basic industries at 0.4% in December and a decrease of 20,2% in 2009
Collectors are ready to take on Housing
Expert: The world”s stock exchanges observed depressing situation
As leaders of the decline - VTB (-4%) and “InterRAO” (-4,5%), in the positive territory closed Rostelecom (2.2%) and Uralsvyazinform (3.5%)
Positive price dynamics of the bond market this week is supported by the excess ruble liquidity
Russia in the current market conditions, immunized from the strong fall by the continued flow of money
As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 147.97 billion rubles
Credit portfolio VSMPO-AVISMA in 2009 was $ 702 million
Unions need to wait
This week Russia”s decline in the market may stay at the level of 1380 points on the MICEX Index
Today, Russia has kept the market downtrend, which began on Wednesday. Reasons for sales remained unchanged. The main negative re-focus on primary sites and in futures on U.S. indices. SP 500 Futures on the verge of strong support level, 1100 points, which can increase penetration of the negative trends in the domestic market. Revision agency Fitch forecast for Russia”s rating to “negative” to “stable” is not provoked a reaction from Russia market participants. The papers continued to rapidly fall in price under the pressure of external negative. In general, the dynamics of emerging markets this week was negative, indices emerging markets fell faster pace, due to conservation concerns about Greece as well as news from China. Therefore, the risks of sales promotions in emerging markets during the coming week saved.
Until the end of the session, the dynamics of bidding will be determined by the situation on the American sites, namely the depth of the fall of U.S. indexes at the opening session. Technically, the SP 500 index during yesterday”s session has struck a strong level of support. Today, the support level of 1100 may make the items. Thus, the potential reduction of about 1,5%.
the risk of high positions on Monday, but the technical level on most world indices indicate a rebound. In the opposite case of technical correction may turn into a more ambitious.
next week promises to be quite volatile. Reporting Season coming to an end, but the saturation makrostatisticheskimi data again raise the speculative activity. At the beginning of the week, special attention should be paid according to the U.S. housing market. Finish the trading week will determine the statistics of the U.S. GDP for the IV quarter. Volatility in the currency market also promises to be high. The main event of the coming week will be a meeting of the Fed. The main risk to the markets is the penetration of a currency pair EUR /USD technical support level 1.4. In the opposite case - when the turn pair EUR /USD - raw ground will rise to the change of trend.
MICEX during today”s session tested the lower boundary of the medium-term rising channel (1400 points). This week, in case of continued negative trends in the MICEX index could test the local level of support (1380 points). In the case of positive signals, the indicator may test resistance level at 1,460 points.
1; user rated material 5.
Analyst Ratings
NBU the increase in the index of production of basic industries at 0.4% in December and a decrease of 20,2% in 2009
Collectors are ready to take on Housing
Expert: The world”s stock exchanges observed depressing situation
As leaders of the decline - VTB (-4%) and “InterRAO” (-4,5%), in the positive territory closed Rostelecom (2.2%) and Uralsvyazinform (3.5%)
Positive price dynamics of the bond market this week is supported by the excess ruble liquidity
Russia in the current market conditions, immunized from the strong fall by the continued flow of money
As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 147.97 billion rubles
Credit portfolio VSMPO-AVISMA in 2009 was $ 702 million
Unions need to wait