Market Analysis

global equity markets
U.S. Federal Reserve meeting and the annual message to Congress, Barack Obama returned to stock market traders optimistic about the restoration of the American economy.

Central Bank of the United States reassured investors by stating that a key interest rate in the country will be maintained in the range of 0-0,25% more for an extended period of time, accented with attention to improving the economic climate in the United States and the absence of significant growth inflation. Thus, Fed officials reaffirmed their intention to keep monetary policy with a soft, at least until such time as long as they permit low rates of inflation.

Barack Obama, speaking tonight before the Congress, encouraged by the market participants plan to establish the country"s new jobs and support small businesses. They will become a priority for the U.S. economy this year. In the course of Barack Obama"s speech traders on world stock markets started to return to prudent purchases.

Major U.S. stock indices closed yesterday in green with slight modifications. Dow Jones Industrial Average rose to 0,41% - to 10,236.16 points, Standart Poor"s 500 added 0.49% - 1097.5 points, Nasdaq Composite rose by 0,8% - to 2221.41 points.

limiting growth factor was the data from the real estate market: in December, new home sales unexpectedly fell to 342 thousand in comparison with the November 355 thousand - the market participants, in contrast, had hoped to increase to 366 thousand Given the previously seen a sharp decline in sales the secondary market, the news should be perceived as unfavorable.

By the morning of Thursday"s futures "on America," added the order of 0,5%, the indices of the Asian region grow on 0,5-1,5%.

Metal Market
The main industrial metals seem to have affected substantial corrective mood. Ignoring the reaction of stock markets on the outcome of the meeting the U.S. Federal Reserve and the positive comments of the U.S. president, the market of metals retained in the negative region.

In the fall of the leaders on the London Metal Exchange yesterday was zinc, which fell by 3,6% - to $ 2,236, and lead, whose value decreased by 3,4% - to $ 2,125. Contracts for copper fell 2.05% - up to $ 7230. Quotes of aluminum fell by 1,8% - to $ 2,180. Prices for tin were lower at 0,7% - to $ 17850. The market value of nickel remained virtually unchanged ($ 18195).

Thursday morning fall in the market of metals continues, all metals, without exception, are traded with the reduction.

Market Oil
Despite the wave of optimism that have affected the stock market traders, the oil market yesterday continued its downward movement. Contracts London Brent cheaper per day on 1,4% - to 72.24 dollars per barrel, roughly the same number lost neftefyuchersy WTI, fixing a mark of $ 73,67 per barrel.

On Thursday morning quotes hydrocarbons little older. Support to the market have not only the message of U.S. authorities, but also domestic news about the state of the fuel market. According to the weekly report of U.S. Department of Energy, in the week from 17 to Jan. 23, commercial crude oil inventories in the country unexpectedly fell by 3.9 million barrels, while inventories of gasoline, in contrast, have increased - by nearly 2 million barrels.

important for the oil market news came today from China: there in order to build industry development strategy to address China"s State Council established the highest power organ of the country - the State Committee of China Energy.

Russia Market
It is obvious that after the reaction of American and Asian sites, and Russia"s stock market will respond today growth. However, certain restrictions on his movement will put weakness in the oil and metals. Quotations of "black gold" are traded in the morning below the values that native traders saw yesterday at the close of our exchanges. Main industrial metals continue to fall. Their growth while retaining strong U.S. dollar.

In the course of the trading session effect on the dynamics of the stock market could have a weekly statistics on the U.S. labor market indicators and the December orders for durable goods (16:30 Moscow time.). In Europe, the January composite index of business and consumer confidence in the euro-zone economy will be published at 13:00.

financial statements for the previous quarter today publish: 3M, Altria Group, Amazon.com, AstraZeneca PLC, AT T, Colgate-Palmolive, Ford Motor, Hennes Mauritz, Lockheed Martin, Microsoft, Mitsubishi, Motorola, Nokia, Procter Gamble .

U.S. indexes rose on Wednesday on statements by the Fed to continue to stimulate the economy
Russia"s indexes show growth on the background of a favorable situation on world stock markets
At 13.00 Moscow time trade on the MICEX Stock Exchange amounted to 73.7227 billion rubles
Volatile changes in the currency market may be reflected in the sharp fluctuations of prices for precious metals
Speculative recomcf0mendation on shares of MMC Norilsk Nickel, Gazprom, Lukoil, Sberbank and VTB
The level of support for fixed-term contract on RTS index today - 142 800 points
In 2009, the Railways have invested 15.1 billion rubles in the construction and reconstruction of bridges and tunnels
During today"s trading in Asia reported a decline of the euro to a minimum $ 1.3935
Asian stock exchanges today are optimistic

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