Published statistic data on the U.S. market in Russia caused a wave of selling, which immediately gave way to shopping

Unemployment and oil untied his hands bears

Russia's stock market, as expected, opened the session at the district level, closing Thursday. From active buying deterred investors waiting for data on unemployment in the United States, as well as the absence of clear signals for further action by the commodity market, which led to profit-taking at the opening of the quotation of shares of the oil and gas sector, but the unfolding oil futures supported stock quotes oil industry in the middle of the day. Before the publication of statistics on the market, a wave of speculative profit taking. Published results have made contradictory effect, caused a wave of selling in the moment, which immediately gave way to shop.

negative effect produced figures for unemployment in the United States, which exceeded the forecast in August and increased to 9.7% compared to 9,4% a month earlier, while the expected growth - up 9.5%. Provoked a wave of buying data on the number of jobs in the U.S. economy, so in the past month the number dropped by 216 thousand, it was expected a more substantial decline - to 230 thousand

Positive data on the number of jobs supported by the U.S. dollar, which appreciated sharply against the euro, as EUR /USD pair at the moment dropped to a level of 1.4225, which put pressure on the commodity market, where Brent crude tests the level of $ 66 per barrel . This fact has caused sales on the domestic stock market, mainly in stocks of the commodity sector, which are also sold, and by non-residents, as evidenced by the dynamics of ADRs for shares of companies, ADRs for Gazprom's stock lost about 3% of the shares of Rosneft order 2 %.

By the end of the session on the dynamics of the market impact will start trading on the floors in the United States, if they continue to rebound in the U.S. index and stabilize the situation in the commodities market would recommend to form a speculative position on the shares of the commodity sector, which is close to the end of the trading session, as expectation of a meeting of G20 finance ministers in London and instability in commodity markets may lead to profit-taking in the U.S. after our closing. As a result, American indexes will sink under the support, in particular S P500 under the level of 1000 points, which will be played gepom down at the start of the trading session on Monday. If the negative sentiment on the sites in the United States stands out in the cache, since the technical capacity of the fall of American indexes maintained.

next week in terms of makrostatistiki be fairly calm and the important data it is worth noting the traditional applications for unemployment benefits, as well as data on inventories of wholesale trade. At the start of the trading week will affect the outcome of the meeting of finance ministers G20. The key event of the week will be a meeting of OPEC on September 9, which can significantly affect the dynamics of the commodity market, interest would be OPEC's statements regarding the prospects of further demand for black gold.

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