Market Analysis

The effect of yesterday's growth in major U.S. indexes (DJI - 0.68%, NASDAQ - 0.58%, S P500 - 0.44%) will be significantly weakened by the negative dynamics of futures for the major U.S. indexes. Yesterday's optimism at the opening of Wall Street entirely based on favorable data on activity in the manufacturing sector, China, Europe and America. But the decline in world oil prices after the weekly oil statistics from the Office of Energy Information severely disappointed the market, have put pressure on shares of the energy sector. The index of the largest oil companies fell as a result of trades at 0.08%. Leading in the reduction of stocksAIG (minus 22%). Worse than the market was and the dynamics of the shares of banks.

At the end of the day, shares of Citigroup have not changed, JPMorgan shares fell by 0.85%, shares of Bank of America - at 1.14%. Today, America is extremely volatile trading expected on the background of a busy calendar makrostatistiki (June employment statistics, data on weekly unemployment benefits), the meetings of the ECB for further monetary policy and in anticipation of the long U.S. weekend.

Side stagnation dynamics - in the stock markets of Latin America (Mexico - 0.64% Brazil - 0.15% Argentina - 1.39%) and Asia (Japan - minus 0.64%, Korea - 0.02% China - 1.6% , Taiwan - 1.35%).

The decline after an unfavorable oil statistics from the Energy Information Office, shows the growth in gasoline significantly higher expectations of the market-at world oil market yesterday, the continuation of negative trends in the auction in Asia today. August futures price of oil brand Brent on the results of yesterday's trades fell by 0.51 dollars to 68.79 after the 71.32 dollar intraday peak. In Asia, prices declined by 0.2 dollars. Morning weakening dollar has retained global oil prices from a significant reduction.

growth against a background of weakening of the dollar - the market of major base metals. As a result of yesterday's auction at the LME, three-month futures price of nickel rose by 6.18%, copper - at 3.22%, and zinc - to 2.91%, lead - to 3.25%.

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