On Wednesday, the short-term market experienced strong growth in prices. The market opened with gepom up, continued the upward momentum. Futures on the RTS added 2.9%, spread to the asset base decreased from -17 to -13 points. In the market of options on the RTS players cut positions in the call at 900 points and built up positions in the call for levels of 950 and 1000 points.

Gazprom contracts traded stronger than the market, adding 4.2%. Bidders are actively included in the contracts, which led to an increase in open interest at 3%. In options you can see an increase in call open interest at the levels of 150-155 rubles, but the implied volatility on these Staiki reduced. Of the most liquid futures rise of open positions seen in the Lukoil contract. This interest has grown by more than 7%. Contracts by Sberbank and VTB traded slightly weaker than the market, adding 1.3% and 2.4% respectively.

evening trading session brought a new wave of optimism to the flash market. Following the American stock sites, add to 3%, futures on the RTS index rose another 2.9%. Also, strong growth in contracts, Lukoil, Sberbank and VTB, each of which has grown by more than 3%.

On Thursday, a major corporate reporting, published in the United States, should provide the results of the bank JP Morgan Chase. We also expect the output data from Google and IBM. All of these companies analysts expect profits in the second quarter. Also at 16:30 Moscow time went traditional data applications for unemployment benefits, analysts expect the reduction to 535 000. By the opening of tenders in Russia, Asian sites added 1.2%, futures on S P500 adjusted to 0.5% after the rapid growth of the previous day. Quotes of contracts for WTI are near the levels of closure environment - $ 61.5 per barrel.

Click to continue »

On Thursday, the Russian stock indices showed strong growth against the backdrop of favorable macroeconomic statistics, and rising oil prices: RTS (2,46%), MICEX (5,59%).

in shares of oil companies the main driver of growth was the oil price: Gazprom (6,9%), Rosneft (4.6%), LUKOIL (7.6%). Papers banking sector grew in the market trends: Sberbank (5.8%), VTB (4.9%). Shares of steel companies, with the exception of securities NLMK, went up by only 0.9%, benefited from increased demand: CMI (6.5%), Severstal (4.4%).

On Thursday at the U.S. stock market dominated by the positive mood caused by the strong corporate reports of major companies and a favorable macroeconomic statistics, in particular, to increase consumer prices and industrial production. Key stock market indicators rose by an average of 3%. In Asian markets today, there is also a positive trend, in particular, against the background of published data on the growth of China's GDP in the second quarter at 7.9%. According to published reports, the reserves of oil in the United States fell more than expected as a result, oil prices continued to rise. Price barrel of oil brand Brent exceeded at $ 63.

According to our estimates, this morning's positive background for the Russian stock market. Perhaps, at the opening of the growth indices continue. Against the background of positive dynamics of oil prices, the leaders of today may become a growth stock oil and gas companies. Because of today is to draw attention to data on applications for unemployment benefits in the United States, which will be published in 16.30.

Click to continue »