Yesterday's 4% rise in the market was literally fetched. With the exception of technical factors, forced the closing of short positions, the grounds for euphoria was not. Asian markets closed in positive territory unconvincing, European markets have grown four times lower than Russian, the U.S. market opened a slight decrease. Oil prices have risen to 73 dollars per barrel. to the weakening of the dollar, but this is not a valid reason for the price spike of the maximum in the last 12 months level.

RTS index rose by 4,1% to 1428 points, MICEX - on 3,8%, to 1,357 points. Galloping pace more expensive Gazprom (6,2%), Chinese factor has prompted action in the center of trading activity. Better the market looked Norilsk Nickel (5.5%) and Transneft (7%). Shares of banks, Sberbank and VTB went up by 3,6 and 4,0%.

European markets finished Monday growth in the less than 1%, U.S. indices - raznonapravlenno, ± 0,5%, Asian markets are growing at 0,5 - 2,0%. Nikkei - on 1,75%, China Shanghai Comp. - 0,9%. U.S. futures indices are reduced by 0,1 - 0,2%. Oil prices are reduced by 0,4%, for metals, is also a weak negative.

Yesterday strategists number of authoritative investdomov raised forecasts for Russia's stock market. However, this caused a sharp debate among statisticians and macroeconomists who believe the statement on the restoration of the economy (both global and domestic) unproved.

Russia's indexes overcome psychological threshold of 1300 points (up to 1 372 in the RTS and MICEX in 1 308). Since the beginning of the year growth of 120%. Russia market far outstrips the rate of growth of developing neighbors and looks sprinting on the background of developed markets (12 - 18% since the beginning of the year. Most likely, all the positive factors:

• high prices for oil and metals,

• favorable reporting of international corporations,
revaluation
• Russia's ruble,

• possible increase in the sovereign rating of Russia,

• state support of issuers and market

• overcoming the crisis of liquidity, partial trust and other attributes of the current crisis,

already reflected in share prices. In this case, you can focus on the rule of buy on rumor, sell on fact, and record the accumulated profits right now.

We expect the market opening slabonegativnoy zone. Today the Central Bank of Japan will decide on interest rates, France and Britain will announce the September CPI, hit piece of news will have on the Wednesday-Friday. October 15 - November futures expiry ICE Brent. Today Transneft will start placing bonds totaling 35 billion rubles.

Forecasts of analysts: Russia's stock market threatens profit-taking in anticipation of overlooking the end of the week in the U.S. an important macroeconomic statistics
Growth stocks WGC for news about running in next year's market power can bring in these papers, speculatively minded players
The euro /dollar managed to recover at levels close to 1.48, with support from the corporate securities market and the commodity segment
In the medium term, the stock markets continue to rise, but now take a breather
If our platform will support an external background, we can expect the market continued upward movement
Stock markets inflated bubble that will burst soon enough
Against the background of neutral oil prices better than the market today may look like the paper of the banking sector
Shares of Russia's oil and gas sector at the start of the trading session may be adjusted after the rapid growth before
Today is expected to attempt correction, the RTS index will open with a gap down to 0,2-0,5%