Market Analysis

America and Europe
Stock indexes of the New World fell 1,0-1,25%, the indices of the Old World have fallen in price by an average of 1,5%. The main negative came from China, where a backgr1000ound in general, neutral macroeconomic statistics, financial regulators once again going to turn the screw. Reporting of leading U.S. banks was within expectations, only to disappoint Bank of America, so inquisitive analysts have found the negative reporting by IBM, which until then seemed favorable.

raw materials, currency and so on
industrial metals on the auctions in London cheaper, but increased prices for steel, gold sank to a mark of $ 1110, oil prices fell below $ 78, the U.S. dollar is rising against a basket of currencies. Growth of the dollar to a greater extent due to euro"s decline against the background of expectations of financial disaster in Greece, an expensive dollar, in turn, negatively affects the dynamics of commodity markets.

Statistics and Reporting
Today the ECB publishes a monthly report (12-00 Moscow time) data on market debt in the UK (12-30 Moscow time) record of primary applications for unemployment benefits in the United States (16-30 Moscow time), the index of business activity and index of leading indicators (18-00 Moscow time) and data on stocks of petroleum and petroleum products (18-30 Moscow time). In the corporate sector may be noted Reporting AMD, American Express, Burlington Northern Santa Fe (railroad company Mr. Buffett"s favorite), Capital One Financial, Google (all after the end of the trading session in the U.S.) and Goldman Sachs (before bidding) - the list is far from complete . From Russian companies should allocate operating results NLMK and Polymetal.

Also today, closes the book of applications for participation in the company"s initial public offering of Rusal - this event can be quite a strong influence on the dynamics of quotations as metallurgical sector, and the entire market as a whole.

Bank Finam "in December increased its portfolio of deposits of legal entities by 177%
The technical analysis of currency pairs 21.01.2010
Overview of the oil market for 20.01.10
Ukrainian dairy products continues to rise in price
Most stock markets in Asia fell on Thursday due to the macroeconomic picture in China
U.S. indexes fell on Wednesday on weak accountability Morgan Stanley and IBM
Chances to close the Russian sites in the Green Zone less
In leaders are reducing the shares of OGK-5 and RusHydro, look better than the market, Gazprom Neft and Uralsvycd9azinform
Today"s decline in the market - only a short-term correction in an uptrend

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