Market Analysis

Following Friday Russia"s markets are not able to maintain its position at the top, where they were at the beginning of the session. RTS index has lost 0,17%, falling to 1,559.25, while the MICEX index dropped by 0.2% to 1,452.67. Spread the market helped the external background, where the prices of "black gold" have continued to fall, and the opening of the American sites in the minus accelerated reduction of Russian shares. One of the main negative factor was the disappointing record of JPMorgan Chase. Nevertheless, Russia"s actions could cushion the fall due to demand in the securities of the lower echelons, in sectors such as telecommunications and electricity, which in recent years remained in the shadow of rising in price of chips. This individual chips also closed in positive territory, but without showing significant growth. European stock markets were in turmoil after the publication of JPMorgan and U.S. statistics. Revenue JPMorgan was worse than expected, while the increase provisioning for overdue loans continued. Also bad news for bidders was the index of consumer confidence in the U.S., which turned out to be worse than forecasts. Against this background, the most serious suffered paper losses of financial institutions. The situation on the raw areas taking shape not in favor of securities of mining and energy companies, as well as a number with firming dollar, another negative factor was the weather forecast that the expected warming in the United States.

American share platforms completed a week in the negative zone. Quarterly Results JPMorgan brought a wave of selling in the markets, which increased after the statistic data. In addition, the proposal by Obama to impose a special tax to compensate for the loss budget, incurred because of the assistance program to financial institutions (TARP), was seen by markets without enthusiasm.

Asian stock exchanges today, mostly falling. Pressure on the paper have buckling prices, as well as boosting the yen. In addition, data on industrial production in Japan came out worse than forecasted values. Alerted investors statement by the head of IMF, which warned of the re-recession, if prematurely abandon the anti-crisis measures.

over Russia"s actions at the opening will dominate external negative, that affect the MICEX index, which is back down to 1440. In anticipation of new financial reports of foreign companies can leak the information that several enflame markets. Today in the United States celebrated Martin Luther King Day, so activity in the market will be lower. It is possible that at the opening, we will show the main results, then the index will serve as the drift in the hallway 1440 - 1460.

In the first round of presidential elections in Ukraine leader Viktor Yanukovych, the second position is Yulia Tymoshenko
The reason for thed8fsales today will decline in oil prices, resulting in oil and gas sector could reach the market outsiders
In the absence of ideas in the most liquid securities market participants can re-think of the shares of energy and telecom
Against the background of falling Asian sites opening Russian Trading today is expected in the "red zone"
In the middle of the day in Russia market can sluggish growth, the outcome of the auction to determine the dynamics of commodity exchanges
Futures on the RTS index for day and evening Friday lost about 0.7% recorded as at the mark of 155 185 points
Today the U.S. stock exchanges will be closed, so investors" attention will be focused on domestic fundamentals
Russia Market opens today with a gap down in the range 1,5-2%
External background moderately negative for the market of Russia, America closed lower, Asia traded mostly down

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