Previous Session

Tuesday Russian indices managed to complete a small increase: 0.29% RTS, MICEX 0.19%. In mid-session, there was buying in the banking sector, which helped to close in positive Securities zone: 0.56% Sberbank, VTB 1.16%. Attempting to rebound in oil Futures made confusing to the ranks of investors. As a result, making the purchase were not sure and spread sector: Gazprom 0.29%, -0.74% Rosneft, Lukoil 0.53%, Surgutneftegaz 2.84%. Non-ferrous metallurgy sector again under pressure: PolyusZoloto -0.22%, MMC NorNikel -0.9%.

European indexes finished trading decline: the British FTSE100 -0.19%, German DAX -1.15%.

American session was held without the slightest attempt to rectify the situation. Investors sold commodity paper companies because of the significant decline in prices. The forecasts of analysts regarding the reduction of the starting statements added fuel to the fire. The result: DowJones -1.94%, SnP500 -1.97%, Nasdaq -2.31%.

Before opening

Asian session shows negative trends: Japanese Nikkei225 -1.82%, Chinese Shanghai Composite -1.83%, the Australian Index All Ordinaries -1.03%. U.S. futures at SnP500 -0.23%. Quotes Ruble are now at around 31.6 (Forex). Oil brand Brent 62.7 (-0.83%). The pair euro /dollar. traded around 1.39.

Recommendations

expect a negative opening. The significant decline in the morning, undergo the entire sector blue chips. In the future, the dynamics of emerging markets will be determined makrostatistikoy: 13:00 GDP growth (euro area), 14:00 Industrial Production (Germany), 18:30 oil and petroleum products (U.S.). Starting the season statements of U.S. companies, judging by the comments of representatives of companies that do not bode well for investors. Today, the corporation is accountable ALCOA Inc, but the record will be considerably later than the closure of domestic markets. As a speculative idea, it is possible to consider the purchase of securities of mining and metallurgical sector is closer to the end of trading session, the first MMC NorNikel, the potential positive surprises reporting ALCOA Inc. However, due to the transfer position through the night, its scope should not be big.

Analytical review of the Forex market for 7 July
Sergei Tigipko sell a significant portion of business in connection with the decision to run for president
Today the Russian market may test the level of local support - to mark 880 items on the MICEX index
Today is expected to open the Russian market with gepom down to 1-1,5%
The volume of trades in the market shares of the MICEX Stock Exchange on Tuesday amounted to 115.51 billion rubles
Under most pressure today will be the action of banks and commodities
920 sample points will lead to the development of sales in the area 900 on the MICEX index
Latin America: investors in anticipation of … Suddenly a four-month rally was not justified
United States: in anticipation of the start of season reporting