previous session

In Friday trading session on Russia's stock markets ended raznonapravlenno: -1.36% RTS, MICEX 0.90%. Despite the negative external background, domestic indices started to grow up with the opening. Mixed dynamics of quotations of oil and U.S. futures indices did not allow market participants to take away much indexes in one direction or another. By evening out mixed macroeconomic statistics from the U.S., and active sales observed in the previous two days, not followed - the MICEX index was able to add the trade results. Nevertheless, the market looked better paper Sberbank and GMK Norilsk Nickel. Oil and gas: Gazprom 0.40%, Lukoil 1.48%, 0.75% Rosneft, Surgutneftegaz -1.50%. Banking Sector: Savings Bank 2.35%, VTB -0.18%. Sector-ferrous metallurgy: 3.17% MMC Norilsk Nickel, Polyus Gold -0.82%.

European indexes finished the auctions raznonapravlenno: British FTSE100 0.06%, German DAX -0.42%.

U.S. exchanges closed in the red zone. On Friday came the following macroeconomic data: Orders for durable goods unexpectedly fell in August by 2.4% (expected growth rate of 0.9%), the index of the University of Michigan consumer confidence rose in September to a level of 73.5 points against the forecast growth rate to 70.3 points. In addition, new home sales in August totaled 429 thousand (analysts predicted the figure at 445 thousand). After a mixed opening of the American indexes began to decline gradually.

However, in the middle of the day there was a rebound from the local minima, but to bring the indexes in positive territory failed, and they closed with a moderate minus is the third trading session in a row. It should be noted that the worse the market looked like paper financial and chemical sectors, better - shares of oil and gas and telecommunications sectors. The result: DowJones -0.44%, SnP500 -0.61%, Nasdaq -0.79%.

Before opening

Asian session demonstrates the dynamics of differently directed: Japanese Nikkei225 -2.36%, the Chinese Shanghai Composite 0.34%, the Australian Index All Ordinaries - 1.19%. U.S. futures SnP500 -0.03%. Quotes of the ruble now stands at a 30.04 (Forex). Oil brand Brent 64.66 (-0.69%). A pair of Euro /USD. traded near 1.46.

Recommendations

expect a negative opening of domestic sites. Against the backdrop of lower quotations of oil and U.S. futures indices closed negative on Friday in U.S. markets mixed dynamics in the Asian session, we can assume that in Russia the stock market will be dominated by a negative movement. In spite of the excessive optimism of bidders, today probably continued profit-taking, but more aggressive pace.

The lack of any meaningful data is also unlikely to deter players from active sales. Make a statement at the summit of the big Twenties (G20) that the cessation of economic incentives will not, be interpreted as follows: while the fall in the global economy and slowed down, there has been some stabilization, but that will soon rise to speak too early. Moreover, the Fed extended the redemption of mortgage securities by 31 March 2010 (previously scheduled completion of the program by the end of October this year), which is also a negative factor. We recommend investors continue to reduce positions in the securities. First of all, it concerns the shares of oil and gas and banking sectors.

Expected data for today: 10:00 Consumer Price Index (Germany).

Manual Economy: fingers will get tired …

Our drugs - is a credit needle, which Ukraine sat firmly, seriously and nadovgo …

Forecasts of analysts: Gap down at the opening of Russia's stock exchanges will be 1-1,5%, corrective mood may persist until the end of the day
Exit meaningful statistic data today is not planned, and therefore the correction in the market will continue until the end of the day
Russia's indexes today remain under the influence of oil prices, which this morning has traded below $ 65 a barrel
Russia stock market starts the week of the fall, the MICEX index will go to 1,170 items
Reduced Russia at the opening of tenders could reach 1-1.5%, worse than the market would be the financial and oil and gas sector
Following Friday the value of the MICEX Index reached 1187.86 points, which is 0.9% above the closing level of the previous trading day
External von moderately is negative: America closed lower, Asia is trading in the red
Today in Russia the market is expected to open lower than the closing Friday