late afternoon is possible to recover the markets

Today, we expect a negative opening on the Russian market, which will contribute to the fall of American and Asian sites. In the first minutes of "Bears", using the external background, misled the market to the level of 1390 points and will try to penetrate. If the market can maintain their position, one evening, "bulls" will be a good springboard for renewed growth, which is possible in case of positive macroeconomic data from the U.S., where the focus will attract players for 4 quarter GDP and consumer sentiment index at Michigan State University. Also an important factor will be the U.S. company, which markets once again began to pay attention.

hours trading on the Russian sites have opened growth of quotations. After the first hour of trading the MICEX index reached a level of 1,420 points, before moving to the lateral motion. Evening on the background of negative dynamics of U.S. indexes, Russia"s market has left in correctional decline, which resulted in some growth was compensated. In the market leaders Severstal and VTB, adding 6,2% and 3,2% respectively. Closed in negative territory Polyus Gold (-1.4%) and Gazprom Neft (-0.2%). As a result of trading the MICEX index added 1.1%, ending the day at 1,406.55 points.

traded on the American sites have opened in positive territory, but afterthe first few minutes, when the major indices were able to show modest growth, started to descend and continued for the first third of the trading session. As a result, by mid-day major indexes lost about 1,5%. The second half of the market trades conducted in the restoration, which allowed him to adjust the drop. As a result of the auctions the index Dow Jones and S P500 fell by 1,13% and 1,18% respectively, the NASDAQ index lost 1.9%. At the morning session, futures on S P500 index resumed its decline, resulting in a 9.50 contract went under yesterday"s lows and reached the level of 1074 points.

energy market after the closure of our demonstrated lateral movement at the level of $ 72 on crude oil futures for Brent, which continued at the morning session. As a result, a 9.50 contract traded at 72.1 dollars per barrel.

Click to continue »

previous session
On Thursday, trading on Russian exchanges closed in positive territory: RTS 0,62%, MICEX 1,10%. Trading session on domestic markets opened positive, thanks to the positive closure of American playgrounds. However, in the afternoon, the indices showed lateral movement. Moreover, published data on the negative macroeconomic statistics from the U.S. did not influence the course of bidding. Nevertheless, the opening of U.S. markets, domestic indices showed negative dynamics. It should be noted that the leaders of growth on the basis of the day became the paper"s Severstal and VTB, looked worse than the market shares "PolyusZoloto and Gazpromneft. The result: oil and gas sector: Gazprom 0.16%, Lukoil 1,405%, 1,47% Rosneft, Surgutneftegaz 2,37%. Banking Sector: Savings 0.59%, VTB 3,19%. Sector-ferrous metallurgy: MMC Norilsk Nickel 2.14%, PolyusZoloto 1,37%.

European indexes finished trading in the negative: the British FTSE100 1,37%, German DAX 1,82%.

U.S. exchanges closed in the red zone. On Wednesday came out the following statistics: primary treatment for unemployment benefits last week fell from 482 thousand to 470 thousand (at 2,48%), are expected to decline to 450 thousand orders for durable goods in December increased by 0.3 % (m /m), was expected to increase by 2%, the previous value was 0.7% (m /m). American sites from the first minutes of trading showed negative dynamics. Only in the afternoon, the indices showed little uncertainly upward movement. But closing the auction held in the negative zone. It is worth noting that looked better than the market shares of the banking sector. The result: DowJones 1,13%, SnP500 1,18%, Nasdaq 1,91%.

Before opening
Asian session demonstrates the dynamics of differently directed: Japanese Nikkei225 0,99%, the Chinese Shanghai Composite 0,66%, the Australian Index All Ordinaries 1,59%. U.S. futures SnP500 0,02%. Quotes of the ruble is now located at around 30,26 (Forex). Oil brand Brent 72,40 (0,37%). A pair of Euro /USD. traded near 1.39.

Recommendations
expect the mixed opening of the domestic sites. For Russia"s stock market develops mixed external background. Closing U.S. sites was in the red zone, the Asian session demonstrates the dynamics of differently directed, quotations of petroleum are located near the mark at $ 72 per barrel. All these factors could have an impact on the domestic stock market. It is worth noting that Ben Bernanke was re-elected to a second term as head of the Federal Reserve, which is a positive development. However, the expected macro-economic statistics today from overseas can make a substantial risk, particularly data on U.S. gross domestic product for the 4 quarter. In such a situation we do not recommend to open long positions, at least, before the release of statistical data at 16:30 Moscow time.

Expected data for today: 13:00 Unemployment rate (euro zone), 16:30 GDP growth (U.S.), 16:30 Employment cost index (U.S.), 17:45 index of business activity (USA), 17: 55 Index of consumer confidence (U.S.).

Click to continue »