On Tuesday, the short-term market experienced extremely volatile trading. Substantive session of futures on the RTS has completed a growth of 3,4%, the index gained 3.7%, to close at around 866.5 points. Spread widened from -12 to -17 points, reflecting the increase in tension among the players. Trading volume on FORTS emergency section has risen from 53 to 65 billion rubles.

Futures banking sector were again in focus. Contracts for the substantive session of the Savings Bank grew by 4.2%, VTB gained 3.7%. In doing so, the first bank the number of open positions has increased by 15%, while the other bank - on the contrary, decreased by almost 9%. It can be concluded that the bidders expect big movements in the contracts of Sberbank, VTB than.

High activity was observed in the call options on the RTS and Gazprom. But there are some alarming moments. At the level of 900 points on the RTS positions in the call decreased, and at 150 rubles. Gazprom to increase the open positions on 8 000 contracts was accompanied by a fall in implied volatility on the страйке from 60.3 to 53.9. In the options you will notice the Savings Bank building positions in putah at 36 rubles (25 000 contracts).

In the evening session, the market recorded a profit. Futures on the RTS has lost 0.8%. Contracts Sberbank traded weaker market, losing 2.8%. The American sites have closed trading session uncertain growth, adding 0.5%.

of the most important macroeconomic statistics published on Wednesday, should be allocated to the Consumer Price Index CPI (at 16:30 Moscow time). The consensus forecast of analysts are at the level of 0.7%. At 17:15 go on industrial production in the United States, analysts expect a further reduction of 0.7%. Also, traditionally published at 18:30 on oil and oil products can give ideas for the oil market, frozen near the $ 60 mark per barrel.

By the opening of tenders in Russia, Asian area show divergent trends. Nikkei falling within 0.1%, indices of Korea and China added 1.5%. Futures on the S P500 feel more confident, adding 0.8%, quotes, contracts for WTI is also growing at about 1%, selling just above $ 60 a barrel. This creates a positive background for the opening of the tenders.

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Good day. Bidding ended Tuesday, a moderate rise in quotations on the Russian stock market. RTS Index gained 3.7%. MICEX index rose by 1.16%. Trading volumes have increased, reaching highs in the past few weeks.

In the last bidding MICEX index was able to test the resistance in the region of 920 points, then survived the decline of 890 points.

Today, we look forward to the opening of trading gepom up. The immediate objective of growth is located in the vicinity of 920-930 points on the MICEX index. Next goal - 950 points, where one of the key levels of resistance, to overcome which is likely to give the signal for completion of correction.

The main level of support is located in the vicinity of 880-890 points on the MICEX index.

speculative right way of action, in our opinion, the game will be on sales in the region of 930, 950 points on the MICEX index per attempts to resume correction.

U.S. Stock Indexes closed Tuesday trading increases. Customer support for strong data on retail sales, as well as positive statements Goldman Sachs.

At the auction in Asia, growth continues. Bykov supported by a strong record Intel.

Futures on the SP 500 is currently trading near 915 points. The next goal is the growth in the region of 930 points, which is a key resistance level, the sample which substantially increase the chances of a test area of 950-960 points.

The nearest support is located in the vicinity of 900 points. The basic level of support - 870-880 points.

Futures on the RTS index in the course of the evening trading session found support in the region of 83 000 points. The objectives of growth for today - 87 000, then area 90 000 items where possible to play from the sales.

Within days the market will affect the following news:

- 12.30 Moscow time on the labor market of Great Britain;

- 13.00 Moscow time the consumer price index for the EU;

- 16.30 Moscow time the U.S. consumer price index, index of business activity in the manufacturing sector;

- 17.15 Moscow time manufacturing in the U.S. for the month of June;

- 18.30 Moscow time reserves of oil and petroleum products.

positive external background. America to close the growth, the oil and gas sector is moderately better than the market, the financial sector in the market. Asia traded mostly up.

Final recommendation:

Investor - buy on the achievement of District 800 points or 950 points higher than the output of the MICEX index;

speculators - playing sales.

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