By lunchtime, we will not see traces of yesterday's evening sale

In early trading Tuesday, the U.S. stock market suffered a shock when an authoritative analyst Meredith Whitney lowered the recommendation on shares of Goldman Sachs and the cool comments on the fairness of current stock prices of banking and financial sector. Some weakening of quotations of insurance companies led to the approval of a plan to reform the national health system by the Finance Committee of the Senate. Nevertheless, the strong decline in the U.S. yesterday, we did not see. On the contrary, this morning we see strong growth in futures on U.S. indices (SP 0,8%) on the fact of withdrawal during the night reporting from Intel, which showed big profits (35 cents /share) than analysts had expected from it (28 cents /share).

This morning the U.S. dollar sank to a new low this year against the euro (1.4890). This led the rally in commodity markets: futures price for light crude in the United States has now reached a record for the current year values soar above $ 75/barr. Oil prices have risen nearly another $ 1, reaching $ 73.3 per barrel., Gold traded in the morning near the level of $ 1069/unts.

Asian stock market today is trading again in the area of good growth stock indexes. Chinese exports fell by -15.2% y /y against -23.4% y /y in August, imports fell by 3,5% y /y. This figure reflected a minimum since November last year decline. China's trade surplus in September totaled $ 12.93 billion from $ 15.71mlrd. in August. Only the Japanese stock market now behaves slightly worse than their counterparts (Nikkei -0,05%) to report the largest Japanese airline JAL, which has proposed a new restructuring plan, implying the cancellation of its bank debt by 250 billion yen.

opening of trading on Russian trading floors, on Wednesday we will see a 1.5% gepom up. Believe that by lunchtime we will not see on the market of traces of yesterday's evening sale. As leaders of growth will be securities of oil and gas and mining companies. Given the positive external background and the return of interest in buying risky assets, we are waiting for the conquest of the PSA and the RTS index new annual highs in the near future. Our favorites so far are the shares of Gazprom MMC Norilsk Nickel and Severstal.

important figures as always we see today in the late afternoon: 16-30 in September's data on retail sales in the U.S. (forecast: -2.1%), the index of import prices (forecast: 0.1% m /m , -11.4% y /y), in 18-00 data warehouse stock of goods. And, finally, is very important for investors report of the bank JP Morgan Chase.

Kommersant: Tax Administration has prepared a verification mechanism for the payment of VAT
Kommersant: Naftogaz has received in the management of five CHP
European indexes falling on Tuesday because of falling confidence in Germany
The Ukrainian stock market on Tuesday adjusted downwards
Most Russian papers are no longer looks attractive from the standpoint of fundamental evaluation
Probability updating highs on the U.S. market and oil could trigger a sharp rise in quotations of blue chips and in Russia
Even with further correction of the paper second tier can now continue to rise
Another of the correction may become standard in 1239 points on the MICEX Index
The dynamics of the market determine what the non-resident players, their behavior will depend on the presence of long-term strategy in Russia