Due to the lack of news trading Tuesday dawned dull - even more sluggish than usual. Thus we see that the market reacts weakly to the statement Russia officials, who yesterday was quite a lot. First of all, this is a statement of Finance Minister Kudrin to the effect that Russia's authorities intend to sell the purchased during the crisis stakes in companies, includingVTB. However, we believe that while the fear of selling pressure on quotes from state granary of shares should not be. First of all, the sale of packages of such magnitude are usually not carried out through open market and directly to large investors. In addition, Kudrin said that his words relate to the medium term, and such statements are rarely exactly match the real intentions of the government. Be that as it may, we do not assume that the state give up control of companies whose assets it would sell, and own sales of securities will be determined solely by the need to cover a possible deficit.
Going back to yesterday's trading, we can note a good momentum of shares of Tatneft, as well as growing shares of LUKoil - both of these companies, watching in recent weeks, a bit weaker than the market, are now near their upward trend, which from a technical point of view, provides a good opportunity to buy them with comparable stop.
With regard to securities that looked weaker market, in this case were the stocks of Rosneft, bumping into the local resistance of 232-233 rubles, as well as Gazprom's paper, on which Prime Minister Vladimir Putin called for concurrent access to tube.
In general, repeat, the day was of little interest, and more importantly now, the events that the market will wait for tonight. Chief among them should be considered as data on U.S. gross domestic product for the II quarter of 2009 - they may have a significant impact on the market and determine the further direction of motion.
TODAY:
Leading global markets declined on Tuesday: German DAX -0,48%, Britain's FTSE -0,13%, DJIA -0,40%. Asian markets this morning, mostly falling, and the Japanese Nikkei225 shows -0,02%. Futures on the S P500 grow at 0.17%.
Pair EUR /USD is in the € /$ 1,4633, and USD /JPY - in $ /#165; 89,60. Gold is $ 997.17 per troy ounce, silver - $ 16.30 per troy ounce, copper - $ 6,063, and nickel - $ 17,070 per metric ton.
Yields for UST-2 1,01; for UST-10 3,31.
Oil prices over the past 24 hours rose $ 0.15 to $ 65.79 per barrel varieties Brent.
Futures RIU9 the night session was closed at 124.180 points (-0.10%).
At 09.00 GMT in Europe, there are data on euro area consumer price index (Euro-Zone CPI Estimate, forecast of -0.2%).
At 12.15 GMT in the U.S. are data on changes in the number of employed by ADP (ADP Employment Change, forecast -200.000).
At 12.30 GMT in the U.S. come out important data to change the volume of GDP for the II quarter (GDP (Annualized), forecast -1,2%).
At 13.45 GMT the index will be released in the U.S. Chicago PMI (projection 52).
So, today we are waiting for multi-directional changes in stock quotations c probability of growth.
MICEX (Daily):
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2; user rated material on 3,5.
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Analyst Ratings
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Kommersant: Hypobank promise problem
Naftogaz Ukraine held in London on negotiations with the holders of Eurobonds
Driver pays twice
Customers bankrupt insurers have to change the UK and re-buy policies …
Council of Europe demanded from Russia to open the borders of South Ossetia and Abkhazia
Better the market today will be traded shares of Gazprom, Lukoil, Surgutneftegaz and steel companies
In the first half of the day fluctuations of the MICEX Index is likely to again be limited to the range of 1200-1220 points
On Wednesday, the bidders are waiting out a large block of makrostatistiki U.S.
In the short run may further strengthening of the relative value of Russia's currency against the world's leading currencies
On the domestic exchanges is expected to continue rising until the publication of the dynamics in the U.S. final GDP data for the 2 quarter
Today is expected to change OPPOSITE securities quotation c probability of growth
Due to the lack of news trading Tuesday dawned dull - even more sluggish than usual. Thus we see that the market reacts weakly to the statement Russia officials, who yesterday was quite a lot. First of all, this is a statement of Finance Minister Kudrin to the effect that Russia's authorities intend to sell the purchased during the crisis stakes in companies, includingVTB. However, we believe that while the fear of selling pressure on quotes from state granary of shares should not be. First of all, the sale of packages of such magnitude are usually not carried out through open market and directly to large investors. In addition, Kudrin said that his words relate to the medium term, and such statements are rarely exactly match the real intentions of the government. Be that as it may, we do not assume that the state give up control of companies whose assets it would sell, and own sales of securities will be determined solely by the need to cover a possible deficit.
Going back to yesterday's trading, we can note a good momentum of shares of Tatneft, as well as growing shares of LUKoil - both of these companies, watching in recent weeks, a bit weaker than the market, are now near their upward trend, which from a technical point of view, provides a good opportunity to buy them with comparable stop.
With regard to securities that looked weaker market, in this case were the stocks of Rosneft, bumping into the local resistance of 232-233 rubles, as well as Gazprom's paper, on which Prime Minister Vladimir Putin called for concurrent access to tube.
In general, repeat, the day was of little interest, and more importantly now, the events that the market will wait for tonight. Chief among them should be considered as data on U.S. gross domestic product for the II quarter of 2009 - they may have a significant impact on the market and determine the further direction of motion.
TODAY:
Leading global markets declined on Tuesday: German DAX -0,48%, Britain's FTSE -0,13%, DJIA -0,40%. Asian markets this morning, mostly falling, and the Japanese Nikkei225 shows -0,02%. Futures on the S P500 grow at 0.17%.
Pair EUR /USD is in the € /$ 1,4633, and USD /JPY - in $ /#165; 89,60. Gold is $ 997.17 per troy ounce, silver - $ 16.30 per troy ounce, copper - $ 6,063, and nickel - $ 17,070 per metric ton.
Yields for UST-2 1,01; for UST-10 3,31.
Oil prices over the past 24 hours rose $ 0.15 to $ 65.79 per barrel varieties Brent.
Futures RIU9 the night session was closed at 124.180 points (-0.10%).
At 09.00 GMT in Europe, there are data on euro area consumer price index (Euro-Zone CPI Estimate, forecast of -0.2%).
At 12.15 GMT in the U.S. are data on changes in the number of employed by ADP (ADP Employment Change, forecast -200.000).
At 12.30 GMT in the U.S. come out important data to change the volume of GDP for the II quarter (GDP (Annualized), forecast -1,2%).
At 13.45 GMT the index will be released in the U.S. Chicago PMI (projection 52).
So, today we are waiting for multi-directional changes in stock quotations c probability of growth.
MICEX (Daily):
2; user rated material on 3,5.
Analyst Ratings
Kommersant: Hypobank promise problem
Naftogaz Ukraine held in London on negotiations with the holders of Eurobonds
Driver pays twice
Customers bankrupt insurers have to change the UK and re-buy policies …
Council of Europe demanded from Russia to open the borders of South Ossetia and Abkhazia
Better the market today will be traded shares of Gazprom, Lukoil, Surgutneftegaz and steel companies
In the first half of the day fluctuations of the MICEX Index is likely to again be limited to the range of 1200-1220 points
On Wednesday, the bidders are waiting out a large block of makrostatistiki U.S.
In the short run may further strengthening of the relative value of Russia's currency against the world's leading currencies
On the domestic exchanges is expected to continue rising until the publication of the dynamics in the U.S. final GDP data for the 2 quarter