USD

during thin trading, but still with an empty calendar, but also in anticipation of Fed rate meeting on a lot can happen. Even the strengthening of the dollar. And most do not even strengthening, rather just a normal corrective setback in preparation for the upcoming events (many expect the Fed will increase the assessment of the economic prospects of the country), as well as an excess of short positions in currencies that had accumulated over the past week. His contribution (albeit very small), introduced the index of leading indicators, reflecting the growth of the fifth month in a row and appearing the next sign of recovery the U.S. economy. Last month, the figure rose by 0,6% against the revised July values 0,9%, and initially the July figure was 0,6%. Does this mean that we feel a bottom? At least, the market believes it … There …

Unfortunately, to date very little will be different from Monday. All the same closed Asian markets, the same as an empty calendar and all the same expectation of FOMC. Lone reports on an index of house prices and business activity, Richmond Fed certainly will not be able to whip up markets. It probably costs more to fear the emergence of new rumors in the market. Now traders are engaged in a guessing about what will the next meeting of the G20 meeting ineffective, or will be given new topics and directions for world politics.

EUR

reaching certain records, the euro has stopped its growth, but a full rollback we not bring myself to call it. Apparently, traders continue to believe in the relative stability of the single currency. And if the rumors about the gradual diversification of the world currency reserves are real even at 10%, in any case, immediately comes to mind is the only suitable replacement of the dollar - the euro. Given the growth in GDP of Germany and France in the 2 quarter, as well as strengthening the index of business activity in various sectors of the economy of the region, such optimism is well founded. And if this week we get some positive reports from the ECB (therefore not very actively implementing a policy of quantitative easing) is just waiting aggressive statements.

Today's calendar for the rarity pres: During the day we only see reports on the PMI manufacturing and services sectors in Germany. However, they have to waste your attention in the search for confirmation of the rumors about stabilization.

GBP

The pound tumbled troubles one after another, with the main source of the negative are precisely the official authorities of the country, which lead us to believe that a weak national currency into the hands of the government. This is confirmed and appeared yesterday morning bulletin of the Bank of England, which reported that Britain its relatively decent economic performance, including relatively low compared with other countries, the debt level of households, in many respects may be due to sharp depreciation of sterling in late 2008, however, fall pair Pound /dollar has already bore restrained, saying that traders might overdo it with pessimism on the GBP, so a small correction in the run-up published on Wednesday a protocol of the last meeting of the MPC is quite possible. The most powerful on the market are shares of Novatek and Severstal, which are becoming more expensive at 5.21% and 3% respectively
Market participants felt that all the negative already found out, and by the middle of the day our indexes added about 1,5-2%
The main ideas of the day will be within the dynamics of the European indices and prices of black gold
As leaders of growth rebounded common and preferred shares Sberbank
Severstal in 1 half of 2009 saved on reducing energy consumption, more than 650 million rubles
Litvin: Euro-Atlantic perspective is not relevant for Ukraine
Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank
Now on the markets have been on heightened nervousness, it all depends on what the Fed says
In the afternoon, Russia's market may test the levels of previous local minima in the region of 1150 points on the MICEX