Market Analysis

previous session

Monday trading session on Russia's stock markets ended growth: 4.15% RTS, MICEX 1.31%. After a positive opening of the domestic indices started to decline gradually. Nevertheless, in the evening the players started to purchase, notification indices plus. Mixed dynamics of quotations of oil futures and the U.S. did not give cause for optimism. However, published data from the U.S. (an index of business activity) were quite good, that sparked the rise in the domestic exchanges.

Oil and gas: Gazprom 1.20%, Lukoil 1.82%, 2.24% Rosneft, Surgutneftegaz 3.21%. Banking Sector: Savings 0.99%, VTB 1.83%. Sector-ferrous metallurgy: 4.14% MMC Norilsk Nickel, Polyus Gold 0.00%.

European indexes finished trading higher: British FTSE100 0.93%, German DAX 1.04%.

American indices closed different direction. On Monday, leaving the data on an index of business activity in the U.S., which rose in July to -0.74 points to -1.8. After a positive opening of trading U.S. indexes are gradually declining. Also, recovery did not show any quotes oil or futures indexes. Today, all theplayers' attention will be focused on the output of a number of macroeconomic data: the change in house prices, consumer confidence and business activity index in the manufacturing sector. The result: DowJones 0.03%, SnP500 -0.05%, Nasdaq -0.14%.

Before opening

Asian session demonstrates the negative dynamics: Japanese Nikkei225 -0.78%, the Chinese Shanghai Composite - 3.65%, the Australian Index All Ordinaries -0.58%.

American futures SnP500 -0.31%. Quotes of the ruble now stands at a 31.29 (Forex). Oil brand Brent 73.82 (-0.59%). The pair euro /dollar. traded near 1.43.

Recommendations

expect a negative opening of domestic sites. On the eve of the American indexes have not shown impressive growth, as in previous sessions. Quotations decrease of oil and U.S. futures indices, negative dynamics of the Asian session - these factors contribute to a reduction in Russia's stock exchanges. In recent days, many papers have grown considerably, and a high probability that investors expect to record profits. After a negative open, apparently, the indices will continue gradual decline, focusing on the external background. Towards evening, after the data from the U.S. can predict an increase in volatility. If the figures will be worse than the forecasts, not ruled out a serious drawdown as domestic indexes and foreign.

We do not recommend investors to take active steps watching the market on the sidelines and waiting for news from the west.

Expected data for today: 10:00 the preliminary GDP growth (Germany), 17:00 change in house prices, 18:00 consumer confidence, 18:00 index of business activity in the manufacturing sector (U.S.).

Tonight will be published index of confidence of American consumers, which can influence the dynamics of the indices
Following Monday the value of the MICEX Index reached 1120.54 points, which is 1.31% above the closing level of the previous trading day
External background before the opening of Russia's temperate sites is negative: America closed lower, Asia traded mostly down
Correction in oil prices is likely to put pressure on the shares of oil and gas sector
Today, market participants should pay attention to the index of consumer confidence, as well as the price index for houses
Ministry of Energy is preparing a plan additional activities for the safe passage of the upcoming cold season in Siberia
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Opel workers demand payment of 70 million euros
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Credit cards have almost disappeared from the banks' proposals ...

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