The U.S. market yesterday showed good growth, once again updating the maxima. This bank Citigroup shares rose 3.5% against a background of reduction of losses in the IV is almost twice as compared to the same period last year. Today, Bank of America reported quarterly loss of $ 5.2 billion against the loss of $ 2.4 billion per share a year earlier. Banks Morgan Stanley and Wells Fargo ended the quarter with a profit. Reporting the largest U.S. banks is difficult to assess. On the one hand, the results negatively impacted payments under the repayment of loans obtained by the program TARP. On the other hand, the main income for banks brought securities transactions (in a growing market), credit activity continues to disappoint. Was mixed with the statistics of the real estate market. Number of bookmarks of new homes in December fell by 23 thousand to 557 thousand while the forecast of 572 thousand, but the number of building permits issued rose from 589 thousand to 653 thousand expected 580 thousand

Negative investors viewed the message that the Banking Commission of China has banned several of the largest banks to lend to the end of January. Chinese authorities have confirmed their intention to deal harshly with the “bubble” that may arise including from the sharp growth in lending. The Chinese market fell by 3.2%, pulling the index throughout the world. The dollar continues to strengthen against the euro, which puts additional pressure on markets. In addition to news from China”s dollar support rumors of a new downgrade of Greece, which is still in preddefoltnom condition. Oil on rising dollar continues to decline, futures lost nearly 2%. Spot Brent $ 75.5, $ 77.38. Pan-European FTSE Eurotop 100 index decreased by 0.71%, Britain”s FTSE 100 at 0.57%, Germanic Xetra Dax at 0.84%, the French Cac 40 at 1.04%. The sharp decline in metals caused a sharp correction in the shares of mining companies. Xstrata -5.5%, Antofagasta -5.3%, Lonmin -4.9%, Eurasian Natural -4.8%.

Growth of shares of the Group PIK during the day exceeded 16%, while turnover of trades in these securities exceeded the turnover in the shares of Severstal
The worst minus today traded metallurgical sector and “telecom”
As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 185.7 billion rubles
In the oil and gas sector remains negative dynamics: Gazprom (-1,4%), Rosneft (-1,4%), Surgutneftegaz (-1,1%)
Igor Shchegolev: The pace of development of communication services in Russia are very good, despite the crisis
Tigipko has refused to accept Tymoshenko to head the government
Cabinet supported the restructuring of debts “Sumyhimproma”
The tone of tomorrow will set the data on China”s GDP, which will be published before the opening of Russia”s market
As leaders of the decline - Rostelecom and Uralsvyazinform have lost more than 2%, were closed in positive territory “prefecture” Surgutneftegaz (0.2%)