The Russian stock market continues to monitor the situation in the world and trades are speculative in nature, without a clear trend, as a result of the RTS index rose 0.29% to 924.11, while the MICEX index rose by 0.19% to 927.01. ambient background is still the market does not give us special chances for growth. Yesterday, for the declining oil stock quotes aligned sites in Europe and the United States. Nevertheless, some papers have grown steadily in spite of the external background, in particular Rusgidro shares, which are in demand since the beginning of their GDR in London. European stock markets finished the day decline in major indexes. Markets are nervous condition due to the beginning of reporting period. Macroeconomic data from the UK have increased fears, as well as manufacturing and production in the manufacturing sector unexpectedly fell. Slightly reduced the total number of jobs situation in the German manufacturing sector, which rebounded strongly in excess of expectations. However, a considerable pressure on the equities markets have energy companies because of the sharp drop in oil quotes in recent days.

The price of black gold has resumed its downward movement on Monday, which partly contributed to the strengthening of the dollar. U.S. stock sites are increasingly inclined to the fact that such a significant recovery of markets in recent months was premature. As a result, on Tuesday the markets again finished the day in the red. Doubts intensified as we approach the next quarterly reporting, which starts today after the closing of American playgrounds. Against this background, statements by the U.S. government that we need to be ready for the second phase of incentives, only added to concern. In addition, increasing the delay on loans that are at record levels, forced to ponder the fate of financial institutions. The negative impact on the markets have had, and the oil quotas, which have led to the fall of the energy industry.

Asian markets on Wednesday were down largely due to weak data from Japan, where the volume of credit and jobs in engineering decreased, indicating that the recovery of the economy of one of the leading world powers may be delayed. In addition, the impact on commodity securities fallen prices of oil and metals.

The Russian stock market today falls under the influence of negative factors: prosevshaya oil and U.S. futures. MICEX index may revert to the 900, where in the event of a resumption of falling oil may go to 880. In addition, the markets continue to remain in the light of the upcoming reporting panic that could affect the world's leading venues, and hence the proportion of negative perepadet us. The reasons for the growth in the market are not yet available, as well as significant volumes, but a goal for today is a top 940 mark. The technical picture is not in favor of growth, as oil may decline

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Good day. At the end of Tuesday, domestic stock indices have changed slightly. RTS Index added 0.29%. MICEX index grew at 0.19%. Trading volume increased moderately, maintained at a level below the average in recent months.

Despite the symbolic growth indices, the results of second trading session of the week show in favor of sellers. Gepom opened up, the MICEX index found support on Tuesday morning in the vicinity of 920 points. Furthermore, buyers were able to raise the market to 950 points, where the bears intercepted the initiative were able to re-force in the area of the MICEX index of 920 points.

Opening bid today is likely to gepom down. 920 sample points presumably lead to the development of sales in the area 900, then 880 points on the MICEX index.

In the area of 880 items bulls would be a chanceto form a double bottom, which makes the game of speculative purchases in the area with the foot below the 870 or 850 points.

To resume growth buyers need to keep the 920 points, then go above 950 points on the MICEX index. At the opening of the trading environment this scenario is unlikely, but possible.

U.S. stock indices closed auction Tuesday assured decline. Worse than most to feel the oil and gas sector against the backdrop of continued pressure on commodity markets.

also support the U.S. bears had concerns about corporate accountability for the second quarter.

At the auction in Asia is dominated by the sale. Pressure on the quotes provided weak data on machinery orders in Japan. The rate fell by 3% in May compared with the previous month (consensus-forecast of 2%).

Futures on the SP 500 is currently trading above the key level of support at 880 points. Breakdown of the level of our expectations, will accelerate the decline, triggering stop-loss operation, technical sales.

rebound of 880 points could lead to a re-test of 900 points, or develop the range of 880-930 points. However, we preferred option with the output below 880 points.

Futures on the RTS index in the course of the evening trading session Breaks support at 87 000 points, reaching 86 500 points, which is in favor of further development of sales.

At the same time opening the bidding on the RTS index futures may face a technical rebound in the region 87 500-88 000 points.

Stop on speculative short positions can be higher than 89 500-90 000 points. Stop by strategic short positions recommend that you place above 93 000 points.

At 13.00 Moscow time the final data will be published on the EU GDP in the first quarter of this year.

At 14.00 Moscow time will the data on the dynamics of industrial production in Germany in May.

At 18.30 Moscow time - data on stocks of petroleum and petroleum products in the United States.

negative external background. America closed the decline, oil and gas sector is moderately worse than the market, the financial sector in the market. Asia traded mostly down.

Final recommendation:

Investor - out of the market;

speculators - playing sales.

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