Stock Market U.S.

increase in sales of retail chains in the United States overcomes the August figures for the past three years, gave another boost to the growth of American stock indexes. Additional support for growth in sales was the government's program to offset the cost of second-hand car buying new equipment. Morgan Stanley, in turn, increased the forecast for economic growth in the third quarter of this year. Macroeconomic statistics, therefore, reduced the fears of investors about the limited participation of consumers in recovery, leaving her in the position of depending mainly on the volume of state orders.

Russia's stock market

combination of Japanese candles in the form of hanging is not given the bearish confirmation in the previous auction on the equity market. In continuing the general positive attitude, we believe it necessary to note some risk factors that we believe may be the case in the near future. In considering the weekly chart of the MICEX Index, we note overcome bottom-up market 200-week moving average, a year after a similar penetration in the opposite direction. Such an attempt to gain a foothold above this level was made in early June this year, but was unsuccessful. Also worth noting the proximity of the level of 50% of the replacement correction after the collapse in 2008. Which is the position of 1233p. MICEX index, leaving a potential market movement within 2,5%. Nevertheless, in our view clearly judge the weakness of the market is currently impossible, because these guidelines provide only a point of attention, but do not themselves predict a reversal. However, we believe that the trends may change during the next departure below the 1140-1150p. MICEX index, which is currently as a 50 month, and 200-week moving averages.

Commodity markets and currency

European stock market

European stock markets finished in positive territory on Tuesday thanks to an encouraging trading data on retail sales in the U.S. in August. Pan-European index of blue chip on the FTSEurofirst 300 rose 0.08 percent to 991.76 points. The volume of retail sales in the U.S. in August showed the most intensive growth in the past three and a half years, the Commerce Department said. In the banking sector, HSBC shares have risen in price by 1,6 percent, Societe Generale - at 1.0 percent, Banco Santander - at 1.0 percent.

Asian stock market

support of the macroeconomic data from the U.S. made it possible for the index MSCI Asia Pacific Index to rise to successive heights, with additional support from the commodity platforms. Stock quotes Canon Inc. grew by almost 5% in trading in Tokyo after Nomura Holdings Inc. recommended to purchase shares of one of the leading manufacturers of optical equipment. National Australia Bank Ltd .- largest in terms of assets Bank of Australia rose by 2,8% in Sydney trading after rising in the index of leading economic indicators.

Gainers on MMMVB

Losers on the MICEX

Dynamics MICEX Index (weekly chart)

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As leaders of growth is one or two representatives from all sectors: the action Savings Bank went up by 2.5%, VTB - on 7,1%, IDC - 3%, Transneft - by 2,5%
Expectations of a large downward correction remain in force, but the signals for the start of sales are not yet implemented
Negative dynamics on the level of 3%, are now showing the Paper Pharmacy Chain 36 and 6
Sergei Shmatko: Russia is not interested in the big jump in oil prices
Support from the macroeconomic data from the U.S. made it possible for the index MSCI Asia Pacific Index to rise to the heights of the regular
When friends no agreement …
Ukrainian Economy Minister discussed with the Ambassador of South Africa, issues of trade and economic cooperation