In the last business day of the month speculative-minded investors prefer to record long position after the rapid take-off the previous day. This also help a small decrease in quotations of oil. By noon the market had lost just over 2%, after which, again, following the recovery in oil prices, has begun smoothly young.

absolute leader in the current tender in favor of paper bank VTB. This growth is connected with the collection of applications from shareholders to use the priority to buy additional issue of shares. Bank during the month of August will collect applications, after which the supervisory board determines the price of accommodation. We believe that the paper VTB will look better than the market until the price of accommodation.

Today is expected to yield important statistics from the U.S. who are able to determine the direction of movement of U.S. markets in the near future - this is a preliminary value of the U.S. GDP for the second quarter of 2009, most analysts expect that figure to decline -1.5%. Out of the best markets to support the movement, which began on Thursday.

Analysis - Results of the day
The market of Russia will continue its upward movement, at least in the short term
The index of the Frankfurt Stock Exchange Xetra DAX fell 2.56 point, the index of the London Stock Exchange FTSE 100 rose 3.16 point
While bidding to develop the metallurgical sector: Severstal (4.5%), CMI (1.4%), NLMK (1.4%)
Of the notable events of this week is worth noting the agreement Alfa Bank to restructure the debt of the GAS
Dow Jones hits a maximum of the maximum and are drawn to the euro
Support 1.4000 nevertheless been able to stop the fall of the euro
Goskomstat: Average charges for zhilkomuslugi in Ukraine in June increased by 31.8%
Opinion: The devaluation of hryvnia prior to the allocation of the IMF tranche - a sign of close games in exchange for the NBU command