Rate single European currency to the dollar may remain bullish trend in the future the next few weeks

The situation in global financial markets remains quite favorable. Against this backdrop, the euro /dollar at the moment keeps rising trend.

According to information released Tuesday, the U.S. index of housing costs, according to the SP and the Case-Shiller, in the second quarter amounted to -15.4% (g /g) at an average prognosis and significance of the previous month, this indicator is equal to — 16,3% and -17.0% respectively.

index of consumer confidence in America, according to data released yesterday, in August of this year increased to 54,1 Fri against the expected average market value of the indicator at the level of 48.0 points. The value of the previous month for the index was thus revised to increase to 47,4 Fri against 46,6 points earlier.

somewhat less the average market forecasts were only released yesterday, the data indicator of business activity in the industrial sphere, calculated FRB of Richmond, who in August of this year totaled 14 points have not changed, thus, relative to its value in the previous month and was expected on the market majority of specialists that has been rising to a mark 17 Fri

In the short term in anticipation of release of the revised U.S. GDP data for the second quarter of this year possible some decline in purchase activity in the sector of investment in risk. Perhaps, against this background quotation EUR /USD will show a decrease. However, in general, despite the continuing reassessment of the relative market value of the euro, the rate of uniform European currency to the dollar may remain bullish trend in the future the next few weeks.

influence the upcoming parliamentary elections in Germany in quotes FX is currently significant.

ruble RF to the USD and against the currency basket of the MICEX today to 10:00 Moscow time was 31.44 and 37.55 rubles. against, respectively, 31.56 and 37.64 rubles. in morning trading Monday.

Quotes of Russia's currency on the international FX remained at levels close to important resistance levels that, from a technical point of view, it is a factor limiting their growth potential in the short run.

At the same time in the coming weeks, the decline in the relative value of RUB on the world market may be resumed, even in a favorable result in the development of the situation on financial markets of Russia. Expected in the medium term, strengthening the centralized financial support domestic consumption and investment in, perhaps, relatively smooth process for improving the performance of Russia's external payment will contribute to the development of this trend.

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Analyst Ratings


The Ukrainian stock market closed on Tuesday in the wake of growing optimism of investors, inspired by the growth of world sites
Growth of the European share indexes on Tuesday in an average of 0,5%
Analyst forecasts: The positive dynamics of world equity markets can provide support for Russia's indices
In the case of formation of purchases of paper Savings Bank will show substantial growth and test the resistance at 50 rubles
Today the players will pay attention to statistics on new home sales and inventories of crude oil and petroleum products in the U.S.
Today on the equity market will be very heavy trading session
The growth of consumer confidence in the U.S. ran a 3% fall in oil prices, the level of 1130 points on the MICEX index and remains unresolved
On the morning of quotes shares of our oil companies be playing drop in energy prices last night
Trading volume on the stock market, MICEX Stock Exchange on Tuesday amounted to 106.69 billion rubles



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