previous session

Tuesday trading session on Russian stock exchanges ended raznonapravlenno: 0.89% RTS, MICEX -0.26%. Against the background of external positive domestic indices opened in positive territory, but the mixed oil and dynamics of quotations of futures for U.S. indices are not allowed to continue its upward movement. Moreover, the statistics of the evening came from the housing market from the United States, which presented a nasty surprise bulls. Nevertheless, the dynamics better than the market once again showed non-ferrous metal sector shares. Oil and gas: Gazprom 0.34%, Lukoil -1.45%, -1.41% Rosneft, Surgutneftegaz -1.08%. Banking Sector: Savings Bank -0.29%, -1.21% VTB. Sector-ferrous metallurgy: 1.12% MMC Norilsk Nickel, Polyus Gold 2.58%.

European indexes finished trading in the red zone: Britain's FTSE100 -0.72%, German DAX -0.70%.

U.S. exchanges closed in the red. On Tuesday, leaving the following macroeconomic data: the beginning of construction unexpectedly dropped to 590 thousand, while analysts predicted the growth rate up to 615 thousand, the index of producer prices in September (m /m) decreased by 0.6% (forecast was at -0.3 %). After a negative opening due to negative data, the indices continued to decline. However, in the afternoon, the situation improved somewhat, allowing indexes rebound from local minima and show at the closing session, only slightly lower. It should be noted that the market looked better than paper banking and technology sectors, worse - stocks of chemical and power sectors. The result: DowJones -0.50%, SnP500 -0.62%, Nasdaq -0.59%.

Before opening

Asian session demonstrates the negative dynamics: Japanese Nikkei225 -0.31%, the Chinese Shanghai Composite -0.13%, the Australian index All Ordinaries -0.28%. U.S. futures SnP500 -0.01%. Quotes of the ruble now stands at a 29.14 (Forex). Oil brand Brent 76.87 (-0.48%). A pair of Euro /USD. traded near 1.49.

Recommendations

expect a negative opening of domestic sites.

For Russia's stock market develops a negative external background: the closing of U.S. indices went into the red zone, quotes and oil futures on U.S. indexes showing a decrease, the Asian trading session, held under the sign bear - these factors will contribute to the decline. Moreover, as macroeconomic data and corporate, and go with varying success. The financial statements of many companies does not show the proper results, which were waiting for investors. Frustration will lead to a significant reduction, if indeed the market participants will see that not all so rosy, as the recently much talked about. Note that today publishes the financial results of VTB in 1 half of 2009 under IFRS. We recommend investors take a wait and in the case of drawdown to make point of purchase with a short stop.

Expected data for today: 14:00 industrial orders (United Kingdom), 18:30 oil and petroleum, 22:00 Fed's report (U.S.).

In the stock market is expected to open bidding on the previous levels, or gap down to 0.5%
For the players today will be important data for the Ministry of Energy U.S. oil reserves
Following yesterday's trading volume on the stock market, MICEX Stock Exchange amounted to 151.72 billion rubles
A certain apathy may visit this morning, Russia's stock exchange platform
For Vneshtorgbank important event today will be the publication of results under IFRS for the 6 months of 2009
Today on the equity market is expected to continue to reduce quotes
Board RusHydro considered investment program for 2010 amounting to 98.9 billion rubles
Today analysts' forecasts for the pair EUR /USD - up for auction in Rendžov: 1.4880-1.5050
Analytical review of the Forex market on October 20,