Russia

The continued growth of quotations of gold and steel sector in general, have led to the revision of the prospects for profit, companies in the industry. The logical consequence was the growth dynamics of quotations euro against the dollar, thereby reaching new highs since the beginning of the year. Alcoa Inc. and Chevron Corp. crossed 2% - th threshold growth of quotations of its shares on the market, thereby reaching the highs of the past 18 months. After the gold market dynamics of copper showed growth of more than 3%, while oil rose by 4,5%. General Electric Co. added more than 4% after JPMorgan Chase Co. encouraged to purchase shares of the company against the background of fairly undervalued prospects.

our opinion. On the domestic stock market there was a turning point, after which consolidate this achievement, may lead to further market growth. Penetration of the upper boundary of the ascending triangle, in the event that it becomes false, will be able to become a catalyst for growth up to 1240p. MICEX index, which will ultimately lead to the re-test previous highs Russia's market reach, once again, the level of 50% recovery since the market crashed in 2008. The main potential for growth among the list of the most liquid securities, have the shares of oil and gas industry, providing market participants with another opportunity to generate income from the growth of exchange value. However, it should be noted that the re-achievement of previous market peaks create a second peak, after which further growth can be limited, and the dynamics of the market of Russia will once again follow the boundaries of 1240-1000п. on MICEX.

Europe

European stock markets rose Tuesday, the third consecutive session, with the rise in the shares of mining companies compensated the weakening of financial markets. European shares rebounded on Monday, thanks to Cadbury, which quotes rose by more than 40 percent after the North American company Kraft Foods has made her an offer to purchase for $ 16,7 billion. Cadbury rejected the proposal, but Kraft Foods said it would seek its own. Shares of mining companies are in great demand since the price of gold topped $ 1,000 an ounce for the first time since February, copper went up by 0.6 percent, and aluminum - by 0,8 percent. BHP Billiton, Anglo American, Antofagasta, Rio Tinto, Xstrata and ENRC added 1,46-3,39 per cent. However, the quotes of banks decreased. Equities BNP Paribas, Societe Generale and Credit Agricole fell 0,46-1,28 per cent. Paper Kingfisher rose in price by 2.21 percent, after Europe's largest seller of goods for arrangement of the house reported that it expected pretax profit of 285-290 million pounds for the six months to August 1.

Asia

Marketplace Asian region are reduced during today's trading, reaching the eve of the annual highs, after the head of Alibaba.com Ltd has sold its block of shares, and shareholders Lenovo Group Ltd. went to the decline of a number of business units. Alibaba.com - one of the largest shopping portals in China fell by 4.6% at the auctions in Hong Kong after the company's boss, Jack Ma, has sold a package of its shares for 35 million dollars. Shares Mitsubishi UFJ Financial Group Inc. - Decreased by 3% in Tokyo trading after JPMorgan Chase Co. lowered his rating on the financial institution's concerns about the possible need to increase the bank's capital.

U.S.

The American stock market on Tuesday closed by growth on the background of an active process of mergers and acquisitions in the U.S. and rising raw material prices due to the weakening dollar, which helped to raise oil and mining sectors. North America's largest food manufacturer Kraft Foods Inc intends to acquire the British company Cadbury - despite the fact that the last Monday rejected her proposed $ 16.7 billion. Although paper Kraft declined by almost six per cent, the shares of other food companies have increased: in particular, Hershey Co climbed 1.3 percent. Shares of oil company Chevron have risen in price by more than two percent, Freeport-McMoRan Copper Gold Inc - three per cent, Exxon Mobil - by 2,1 percent.

Closure Trading ADR GDR in the western areas was of multidirectional nature.

Prices are per 1 share

* ratio of closing price of receipts on U.S. exchanges and Europe to the closing price of shares on the MICEX.

Recommendation. From the basic macroeconomic statistics pay attention to the Fed report - Beige Book. The data will be published at 22-00 Moscow time.

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