Yesterday, the Russian stock market on a wave of speculative purchases played some significant losses of major indexes start of the week (RTS index - 2.83%, the index of MICEX - 7.37%). Nevertheless, the reason for yesterday's technical rebound - intraday pereprodannost, and a cause - improving the external background. Thus, the increase in orders for durable goods last month was the cause of nearly per cent of positive dynamics of futures for the major U.S. indexes. In anticipation of the oil statistics - and a stable trend in the global oil market. The main driver of Russian growth indices - speculative buying in the shares of Sberbank, intraday volatility which reached almost 20%. Indeed, this volatility once again confirms the largely speculative nature of growth. Some positive effect on the market in general has had increasing evaluation index RTNs Investbank Goldman Sachs for the coming year to 1470 points. Strong positive closure of the entire spectrum of liquid securities on the MICEX on the background of optimism of Wall Street at the opening (Gazprom - 7.95%, Lukoil - 4.83%, Nornikel - 10.24%, Sberbank - 14.98%, Rosneft - 4.65%, Surgutneftegaz - 1%, VTB — 4.78%). Overall, yesterday's rise entirely within the scope of the projected year of broadband consolidation.

Today morning a neutral external background implies a neutral opening the main Russian indices in the future intraday fluctuations in 3-ooh percentages range from yesterday's closing. After a mixed start optimistic closing major U.S. indexes (DJI - minus 0.28%, NASDAQ - 1.55%, S P500 - 0.65%). Investors disappointed the final statement by the U.S. Federal Reserve, part of what the imminent economic recovery is not yet in sight. Weak statistics on new home sales for May also alienated the desire of investors for future purchases. In the best performing sectors were technology stocks (Intel shares added to the outcome of the day 1.77%) after a positive outlook on the future of the company's Oracle. Against the backdrop of a small weakening of world oil prices, accompanied lateral dynamics of the energy sector shares. The index of the largest oil companies has increased as a result of trades at 0.4%. Mixed dynamics - in the financial sector. Shares of major banks have closed significantly lower intraday highs. At the end of the day shares of Citigroup rose 1%, shares of Bank of America - at 0.98%, shares of JPMorgan fell to 0.33%. From the statistics today, investors expect a base and a complete index of consumption in GDP and the U.S. (final value) for 1st quarter, data on weekly unemployment benefits. The only factor that can support the positive mood yesterday the Russian stock market in the early days - the positive dynamics of futures for the major U.S. indexes.

hybrid dynamics - in the stock markets of Latin America (Mexico - 0.91%, Brazil - minus 0.28% Argentina - 2.58%). Preferential growth - in Asia (Japan - 2.15%, Korea - 2.2%, China - minus 0.3%, Taiwan - 1.2%).

slight decline after the weekly oil statistics from the Energy Information Office, demonstrated the reduction of oil reserves, but significant, much larger market expectations, the increase in stocks of gasoline - at the world oil market yesterday, lateral dynamics at the auctions in Asia today. August futures price of oil brand Brent on the results of yesterday's trades fell by 0.47 dollar to 68.33. In Asia, prices rose by 0.15 dollars.

final growth, albeit much less winning the morning - in the market of major base metals. As a result of yesterday's auction at the LME, three-month futures price of nickel rose by 4.93%, copper - at 4.39%, and zinc - to 5.33%, lead - to 4.38%.

hybrid dynamics - in the ADRs of Russian oil and gas stocks in the U.S., negative discount relative to the closing prices of shares on the RTS on 24 June (Gazprom - minus 0.1%, Lukoil - minus 1.76%, Surgutneftegaz - minus 2.34%).

The Russian equity market neutral, is expected to open the main index. Consolidation in the 3-percent range from yesterday's closing - throughout the day. Thus, at the beginning of the trading market would support a slight positive trend of futures on major U.S. indices. But many of yesterday's closure of the growth of this trend has already been laid. In general, the propensity to lower world oil prices will exert pressure on oil and gas sector, reducing the likelihood the positive dynamics of basic indices in early trades and increasing the intraday volatility of the final major indexes. The range of oscillation index MICEX today - 1015 - 950 points. The dynamics of the close of today's auction determined after the unit of the United States. Maintaining a minimum level of testing the prospects of this week 880 points in the near future.

Buyers will get a chance
Forex Asia
Asian indices rising Wednesday after the shares of technology companies
European stock markets fell on Tuesday the 2 nd day in a row, the indexes have fallen on average by 0,2-0,3%
SP 500 rose on Tuesday, futures are on the increase on Wednesday
Long-term fundamental prospects of the securities TGK-14 rated as neutral
Among the most important events of the day - a statement by Federal Reserve Chairman United States
The players have shown the greatest interest to the Futures Sberbank
Over the next few days on the Russian market can be a downward correction