Oil does not want to break a trend upward, rising prices could go further, to the area $ 80-90 per barrel

Today, after yesterday's collapse of the Russian market has stabilized a bit and tried to adjust upwards. In general, trading volume is not very large. After rapid growth, which lasted nearly two months, started falling, then the consolidation, the volume began to gradually decline during the summer period will be lower than usual. Until then, largely driven by our market - the oil - do not want to break its trend upwards. Higher prices may continue beyond the area of $ 80-90 per barrel. But this prospect is not very encouraging. Root causes of the crisis was to increase interest rates on loans, cheap money has not, in particular it affected the price of oil, which began madly to grow.

We can now come to the same situation that occurred last year. Oil is trying to grow, and therefore interest rates on loans and U.S. bonds may begin to gradually increase. This is not a rainbow perspective, in an environment where consumers throughout the world face major problems, particularly unemployment. The increase in oil prices will be felt around the world in industrial production after a certain period. As gasoline is already there. Therefore, when consumers feel they are not very good, and the burden on them are still increasing, this may lead to lower consumption and, as in the past year, the deterioration of the situation. We need to monitor the situation in America and Europe. July and August - the important months in terms of retail sales in the United States before the new school year. If retail sales would not be very impressive, we can capture the new wave of fall. Until August, the situation is quite calm. Summer months are not as active, and it is unlikely that there is something supernatural. Therefore, we can expect that in the next couple of months of sharp falls in the market will not. Some consolidation will take place, and then try podrasti together with the oil. In August, you will need to closely monitor what economic news will be received in accordance with this decision-making until the end of the year.

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Analyst Ratings


In the Russian market still dominated by correction mode
If the shares of Russian companies will finish the day at current levels or higher, the picture for the bulls will become chocolate
Better market looks banking
By the end of June, the rise in oil prices comes to $ 75 a barrel, the MICEX index - up to 1350 points
At 16.00 Moscow time the volume of trades in the market for government securities MICEX was 6.85 billion rubles
If the flow of news is negative, we can expect further strengthening of the dollar and reduce the stock
After yesterday's tumultuous downward Today in Russia there is a breathing space
In the event that positive data from the United States the Russian market is ready to continue the growth and in the evening
Correction on the Russian market is a reaction to the uncertainty of the external background and lower the prices of energy



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