At 12 hours of the day quotes marker light sweet grades remained bottom of the rising channel, on 11 July 2009 and attempted to continue the downward movement. Out the forecast from the American Petroleum Institute (API), indicating an increase in oil reserves in the United States during the week from 10 to 17 Jul., 2009 to 3 million barrels, was the occasion for sales since the opening of the European session. At the same time, forecasts of analysts are to reduce the reserves of oil, from -1 to -2 million barrels.
Uncertainty regarding the figures add fuel to the fire, which could lead to significant volatility in anticipation of the quotations and after data at 18:30. If the Bear will be able to gain a lower border of the ascending channel, we can expect price declines to the next level of support to 63.1 dollars per barrel. We are inclined to think that rates will be able to go back to the upstream channel, and after the data to continue the momentum up. A key indicator in our opinion, are still stocks of gasoline, not oil. Therefore, even if the data show an increase of oil reserves, but push down gasoline stockpiles, Bulls would have serious cause for purchases. The first obstacle to this movement can be a level of 66 dollars per barrel, where the bears again try to carry out the sale, otygryvaya formation of double peaks.
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Asian markets today are growing, adding from 0.3% to 2%
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Asian sites are growing slightly
Chinese experts: The leakage of information threatens the security of China's steel industry
Against the backdrop of strong financial reports from abroad is unlikely that the downward movement of the Russian market would be great
Futures on the RTS index for a week is moving in the right channel, which greatly simplifies the prediction of movements
Rollback in the Russian stock market is perceived as the possibility of opening additional positions
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Moscow real estate is looking for bottom



