Today is better than the market at Russia's trading platforms can be shares of MMC Norilsk Nickel

results of the previous day:

Tuesday on Russia's stock market situation has developed similar trading on Monday, but quite the opposite.

RTS played the previous day's losses, increased by 3.2% to 1249.14 points. MICEX like to do almost succeeded - his rise to the value of the closure Tuesday (1202.92 points) was 3.19%. Trading volumes have increased.

The mood in global markets were changeable. If the previous day's sober mood prevailed on expectations that Ben Bernanke and his colleagues will be more frank in referring to the timing folding incentive programs and may have to make some concrete steps that reduced the appetite for risk and supported the losing high-speed mode in the U.S. currency. So on Tuesday from such fears there was not a trace of the former. Depressed price levels were used for regular injections ultradeshevoy liquidity, and pretext for this was the regular signals out of the world economy out of recession. It started out in kesch on Monday on the eve of Fed meeting was interrupted by more publications index of leading indicators. On Tuesday, the same trend was reversed after its forecasts for economic growth in the region has improved the Asian Development Bank. In the published study by 1.2% (8.2%) was increased landmark in the rise of China's GDP this year (8.9% in the following.), While India's GDP is now, according to experts of the bank, this year will be higher by 1% (6%) initial estimates.

dollar is against this background as part of the day off to a threshold of $ 1.48 against the euro, which has not been since September last year. Not long in coming and the restoration of primary quotations. So the price of oil, besides receiving additional factors have emerged in the form of reductions in stocks on the basis of the last week in the United States, as well as increasing its imports to China in August, on the sort of WTI reached a level of $ 72/barr. Given the smooth ascent of quotes Russia's stock market has managed to resist the influence unwilling to move further up the stock indexes in Europe, have updated their highs since the beginning of the year. Thus, after opening with a gap up bulls seized the initiative and all day steadily built up its advantage. In the first half of the day was passed up the line of short-term trend is downwards, and in the second half only to the achievement of the psychological milestone of 1200 points, bear able to impose a struggle in which they did not succeed.

correction to the September increase, appeared to disappointment that the outcome of the previous week was not penetrated key mark in 1225 items on MICEX on Tuesday showed signs of exhaustion. But to fully understand the situation, you should pay attention all the same on the nature of trading on Wednesday before the meeting of the Fed, although technically the situation indicates that the chances of a bull to go on an attack of 1225 points is seriously increased.

better demonstrate the dynamics of the market the previous day's outsiders - VTB shares (4.71%) and Sberbank (obyk. 5.92%, scion. 5.7%). In addition to purely technical factors played a role and tangible increase their target analysts, JPMorgan Chase and UBS. Financial sector Micex FNL as a whole added 4.35%.

Micex OG oil and gas sector grew at 2.75%, due to improved market conditions for energy. The main interest of market participants has been concentrated in the shares of Gazprom (4.22%) and Novatek (5.89%) in the light of the upcoming meeting with Prime Minister Vladimir Putin, the heads of these companies, as well as the heads of foreign oil Meijer about the transition development of gas fields in Yamal in the practical plane. Moreover, according to CDU TEK level of daily gas production of gas monopoly exceeded by 1.2 billion cubic meters. meters, which is consistent with the view that gas demand by foreign consumers in the II half-year increase, which will increase the attractiveness of the representatives of the gas sector in the domestic market shares.

In the metallurgical sector (Micex MM 3.26%) were confident position in shares of MMC Norilsk Nickel (4.62%), while the positive dynamics of shares of mining companies in the world, as well as from Polyus Gold shares (2.23%) against the price hikes on yellow metal to a mark in $ 1020/untsiyu. But it is worth noting that the last curtain trades were still sensitive lock in profits. Good buy on Tuesday and shares of miners: Mechel (6.01%), Raspadskaya (4.77%), Belon (2.46%).

preserved in shares of electric power demand (Micex PWR 2.66%), while the industry average rate of growth in them is difficult because of the unresolved issue of the nature of the funding implications of the accident at SSHGES RusHydro Securities (0.09%).

look at today's market:

weak dollar and returned to the world platform optimism pushed the U.S. stock market (SP 500 0.66%) to retest highs in the past eleven Tuesday. From depreciating currency was found salvation in the form of purchases of shares in mining and oil and gas companies, companies that were shares of banks. Additional support came from a series of promotions advice and fair prices for shares of companies such as JPMorgan Chase, Macy's, Hewlett-Packard Co, Peabody Energy and US Steel. Futures on the U.S. indices (SP 0.05%) in anticipation of the promulgation of the outcome of meetings of the Fed has not yet decided on the direction of the day.

Asian stock indexes in the middle of the week mostly went into negative territory (Hang Seng -0.43%, Shanghai composite -0.24%). The exception is New Zealand's stock market after the good GDP data for the II quarter, as well as the stock market of Australia, which attach to the stability of heavy paper commodities. Prices of commodity markets in general are on the same values as yesterday evening: WTI grade crude oil is $ 71.62/barr., Gold - $ 1016.85/barr. A few quotes below are copper ($ 6230/m.t.) Offset by continuing growth in prices for nickel ($ 17920/m.t.). Euro against the dollar on Wednesday broke the bar at $ 1.48. In Japan, markets are closed for the day of the vernal equinox.

Russia's stock market on Wednesday will open slightly higher values of the closure Tuesday, after which will solve a dilemma: to continue sluggish growth for the remainder of yesterday's optimism or still in anticipation of the verdict of the Fed to find some equilibrium point in the range of previous two days. The second option is preferable. On the morning of optimism will support the expectations of favorable numbers from the preliminary indicators in the euro zone PMI (12-00 Moscow time), but in the future desire to reduce risk before the meeting of Committee on Peacekeeping Operations on the open market can take up. U.S. stock markets on the basis of the day were on the approaches to their maximum values, which will be easy to take in the future and who will also be convenient to go down. All will depend on the nature of the accompanying commentary, which in addition to some improvement in view of the current situation in the economy may already be present any more specific time frames for the collapse of incentives. Also this afternoon, you should pay attention to the publication of the Protocols of the Bank of England (12-30), promzakazov in the euro area (13-00). Better the market may be shares of MMC Norilsk Nickel. Resistance is the level of 1216 points on the MICEX, the support - yesterday's gap 1271-1279 points.

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Analyst Ratings


Forex - Asia
Today's rise in Russia's stock market is constrained by lower oil prices
Eurodollar updated annual maximum: a pair of quotation marks reached 1,484 and is now being adjusted to a level of 1.478
Prior to the announcement the outcome of the Fed meeting, U.S. markets will be sluggish trade, a motion vector indicates Steytment FOMC
Recommendations on RTS Index futures on Wednesday
On the eve of Fed meeting, many participants prefer to wait, hoping to clarify the situation
The U.S. currency on Tuesday continued to lose the position against key competitors
Asian stock exchanges today slightly reduced
Euro has risen in price in Ukraine

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