Previous Session

On Tuesday, Russian indexes opened a substantial rise in the wake of the world's positive about the banking sector. However, only a little paper to update the opening of the peaks. The banking sector, with bidding starting gaining more than 4%, measured in anticipation of reporting from abroad. Oil sector has been characterized by widespread insecurity due to volatility in the oil market. As noted above macroeconomic indicators and reporting bank Goldman Sachs had significantly better prognosis. However, despite this, the global and domestic investors to take profits instead of increasing to record purchases. As a result, the MICEX index, so a successful debut in the morning, again was unable to hold above the mark of 900 points, the value at the end of the day 891.41 (1.16%). RTS 866.55 (3.7%) much more fortunate because of the closing auction at 18:00. The oil and gas sector by the end of the session showed only weak positive: Gazprom 0.48%, Lukoil 1.37%, 1.38% Rosneft, Surgutneftegaz -1.57%. The banking sector, primarily through shares of Sberbank (-0.47%), showed mixed trends. Fluctuations quotations issuer, which is inherent in the recent huge volatility, put into question the definition of securities on its shares. VTB Bank 2.53%. Multidirectional movement observed in the non-ferrous metallurgy: MMC NorNikel 4.57% -0.92% PolyusZoloto.

European indexes finished trading in positive zone: Britain's FTSE100 0.85%, German DAX 1.26%.

U.S. investors do not believe it, since the opening of the session to record profits and, above all in the banking sector. Only in the middle of the trading of common sense has prevailed, but the demand has shifted to oil and gas sector, which added more than 1%. Banking and financial sectors have not been able to recover from the wave of a fixed profit -0.6% and -0.24% respectively. The result: DowJones 0.33%, SnP500 0.53%, Nasdaq 0.36%. After the completion of trading session, investors with a nice gift presented corporation Intel, twice the forecast of analysts for earnings per share, which allowed futures on U.S. indices added more than0.5%.

Before opening

Asian session demonstrates positive dynamics: Japanese Nikkei225 0.46%, Chinese Shanghai Composite 0.83%, the Australian Index All Ordinaries 0.16%. U.S. Futures SnP500 at 1%. Quotes Ruble are now at around 32.21 (Forex). Oil brand Brent 61.4 (0.9%). The pair euro /dollar. traded close to 1.4.

Recommendations

expect a moderately positive opening with a gap-th order of 1%. The demand will be observed, especially in the oil and gas sector. Most likely, the paper again, Rosneft will be able to push off from 160 rubles, which is a good opportunity for speculative purchases. Paper Sberbank is likely to try to cannon against the backdrop of an external positive. Bank accounts of Goldman Sachs, of course, can not but rejoice. However, 85% of banks, which investors have bought into this reporting, do not keep any transactions related to stock and commodity markets, which Goldman Sachs, as a classic investment bank was able to earn substantial profits. Sberbank, and 85% of banks worldwide, is not engaged in trading activities in the markets and does not provide services for the underwriting. Russian analog - so VTB. However, the bank projected a loss at the end of year -2 billion dollars, 2 nd possible additional issue, is another leadership and shareholders.

Today, all investors will again be riveted to the macroeconomic indicators: the unemployment rate at 12:30 (UK), at 16:30 Consumer Price Index (USA) in 17:15 Industrial Production (USA), 18:30 oil and petroleum products (USA) in 22:00 minutes of meetings of the Fed (the U.S.). These mainly will impact on the commodity market and money market. Investors will again look for signs of deflation or hyperinflation, which affect primarily on quotations of commodities. Therefore, we can again expect high volatility in the domestic stock market. Key data on the GDP of China fell on Thursday morning. Therefore, a final conclusion without this data to investors will be hard to do. Most likely, the markets determine the direction of further movement at the end of the week, will report when all the representatives of industrial and banking sectors of the ocean. China's GDP will be crucial for the commodity markets.

United States: retailers and energy markets stretched up
China has launched a plan to enhance the global status of the yuan
The immediate objective of growth is located in the vicinity of 920-930 points on the MICEX index
Today is expected to open bidding to gepom upwards of about 1-1,5% on the MICEX index
The volume of trades in the market shares of the MICEX Stock Exchange on Tuesday amounted to 115.37 billion rubles
If the rise in oil prices continues, it will support the market in the first place - shares of oil companies
On Tuesday, the Russian stock market trading volumes have increased, reaching highs in the past few weeks
Today is the opening bid on the Russian stock market is expected to above previous levels
EBRD will provide RZhD ten credit of $ 500 million