Today, trading on the Russian sites have opened lower quotations. In the first hour of trading the market lost more than 1% and down under yesterday”s lows, but then there has been recovery, which by the middle of the day brought the paper to the positive territory. As leaders in the growth of the banking sector, the paper which added more than 1%. On the negative territory traded Uralsvyazinform (-1%) and Polyus Gold (-0.7%). By 14.30 MICEX index added 0,57%, reaching a level of 1,392.6%.
Morning “bear” Sunset, which led markets to new local minima, by the middle of the day was redeemed. It is likely that apart from attempts at corrective growth in foreign markets, an important factor for the positive trend was the closure of speculative short positions in anticipation of the Fed decision on rates, which caused the withdrawal of Russia”s market “plus”. “Bears” are afraid that the comments accompanying the decision, may allow “bulls” to seize the initiative and start a new wave of upward movement. Also, the danger for them is tomorrow”s presentation of U.S. GDP for the fourth quarter, which, in the case of proximity to emerging data to the consensus forecast, and could push the market up.
| log in and see the material;;
Your score will be the first! |
Analyst Ratings |
Under the second round of presidential elections, currency speculators again try to shake the hryvnia exchange rate …
Important news from the U.S. will make their adjustments in the dynamics of world stock and commodity markets
Overview of the oil market for 26.01.10
Scrap in nautically
They picked up the actuarial issue
Money changers stand to benefit in elections
Analysis of the Futures and Options on RTS Index
FAS promises to take into account the opinion of investors to change the law on foreign investment
What can we expect from the FOMC?
Possible weakening of economic incentives from the U.S. Federal Reserve has become the main cause of change in the overall dynamics of thee7eAmerican stock market in the last trading hour



