Within the range of

Russia

indicators of the state of the Russian stock market finished Friday multidirectional: RTS index rose by 3.76%, mostly up with the MICEX index, which dropped 0.43%, but rose on Thursday to 5.17%. The volume of trades on the RTS Stock Exchange was $ 3.32 billion, of which $ 2.03 billion was accounted for by the term market instruments, the MICEX Stock Exchange Section natorgovala at 148.1 billion rubles, if you look on paper included in the index, the turnover amounted to 55 , 3 billion rubles.

Meeting on the development of metallurgical industry has passed without surprises within the framework of market expectations, if it is a model of behavior of speculators, the securities companies on the relevant sectors of the economy should start fixing profit.

Europe

indexes closed the Old World in general, no, because the average change in the level of -0.05% and a change in name can not be definite. Leading market indicators show growth retarded indicators such as GDP of Great Britain (to drop 0.8% versus expectations of falling by 0,3%), demonstrating the decline of corporate accounting following the mixed success of American banks moved in the mixed state.

America

indexes closed the New World with multidirectional spread of -0.4% to 0.3% and mixed reporting that reason. Added fuel to the fire, Ben Bernanke, who is once again noted the successes of his office and called for emergency measures sequestered support the American economy due to improvements in global financial markets (with the quotation does not warrant the accuracy, but in general terms, the case is pretty much).

raw materials, currency, etc.

Industrial metals at auction in London are continuing their growth, associated with a continuous updating of local maxima. Gold soared to $ 955, in response to a decline in U.S. dollar, which is close to two months minimum.

futures oil brand Brent traded slightly above $ 71, oil futures mark WTI stand just above $ 68.75 - these are quotes black and gold went to $ 70, about which so much has been said, and representatives of OPEC, analysts and traders, and investment funds, and members of the Russian government, and even not only Russia. $ 70 - this is the level which suits, if not all, very many, we'll see how to prove itself invisible hand of the market in the circumstances.

Statistics and Reporting

Monday is traditionally a poor macro-economic statistics, perhaps the only thing that should be noted that data on sales of new homes in the United States (18-00 Moscow time). Yes even the U.S. late evening or early morning, the Russian made tireless Ben Bernanke.

Of the major companies reporting today, in my field of view into the following names: Amgen (biotechnology), Honeywell (broadly diversified company sector high technology), Verizon (telecommunications), Banco Popular, Bank of India, Hyundai Steel, Ryanair and Tata Motors, - and the list is not complete.

Outlook

I look forward to the start of the trading on the Russian stock market to break up within 1%, reflecting positive trends in commodity markets. As long as oil goes up, our market will be attractive to international investors, and they chose to ignore the confusion that happened in foreign stock exchanges. Because at the moment all questions of growth and decline are solved solely through the influx of liquidity and direction of capital flows, remittances, there is every reason to assume a short-term (over the medium term, the situation still howling) explosion optimism.

From the perspective of technical analysis, the MICEX index was аккурат in the area of his last before the 1200 resistance. I think that today in the morning we will see the entry in its [the resistance] upper limit is located in the vicinity of 1050 points. Above 1200 points of our market, I can not see, and if we can not overcome this level of resistance, it will form a technical piece called double peak with the support at 850 points and goals in the region of 550-650 points on the MICEX index. Tellingly, the next goal, when playing with Fibonacci levels, emerges as the times for 250 points, as some stock analysts said the camp bears.

In the coming weeks course EUR /USD will continue its gradual increase
The main support for the Russian market is of growing oil prices, stabilizing the ruble and the rally on the American stock market
Today, emerging data on sales of new homes in the United States, statistics might support the market
The growth in the Russian market has outpaced the growth of foreign sites
Oil prices over the past 48 hours rose to $ 69.23 a barrel varieties Brent, in a way, today is likely to continue the growth of quotations of securities
Gazprom extracted 4 trillion cubic meters of gas in the oil field Yamburg
Review of the FOREX market for 24.07.09
Today in Asia, a pair of dollar /yen traded near 94.80
The crisis has revived the exchange of apartment