We look forward to neutral trade at lower volumes. Tomorrow"s data on the U.S. labor market will give additional impetus to market

So far everything is progressing on the scenario, which we voiced yesterday - after rising earlier in the week until Friday probably a slight cooling of the market. And only tomorrow"s payrolls data on stock indices will give a new impetus to the movement. We expect that up. Accordingly, today we do not expect sharp movements in securities. A sm1000all slide followed by returning to a level of $ 75 oil futures likely to continue. In general, we expect the neutral dynamics of the global financial markets. In anticipation of tomorrow"s labor market data, investors are likely to restrict their trading activity. Those who want to bet on tomorrow"s payrolls, we recommend to look for opportunities for shopping are traditionally the most rapid growth market - MMC Nornickel, UralKali, Rosneft. Especially interesting looks UralKali, who began to raise prices for spot deliveries in Asia and Latin America, which is an indicator of recovery in demand for potash fertilizers. If we really witnessing the emergence of a new wave of rising prices for potash, then the prospects for further growth the company"s capitalization is very clouded.

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Russia

Russia Market could not keep the won at the opening of frontiers and sank in the negative region on the basis of the day. Purchases at the start contributed to a positive external background: American and Asian markets on the eve showed growth, substantially strengthened and oil prices. Against this background, the MICEX index jumped 1%, but for the further growth of the forces was not enough. Double page motion of American futures triggered selling on Russian sites. For the "Bears" played and makrostatistika that turned out wo1000rse than market expectations. At the end of the day the MICEX index fell by 0,4%.

Despite the significant increase in prices for "black gold" most of the oil and gas companies have completed the day in the negative region. Lukoil fell by 0,9%, Surgutneftegaz - by 0,2%. Securities Rosneft did not help even the announcement that the company this year may get several licenses for the Sakhalin fields. Shares fell 1.8%.

The banking sector went into the "red" zone at the end of the day. VTB has lost 0,3%, Sberbank restrained at levels Tuesday.

Positive observed in the steel sector against the background of re-evaluation of the prospects for industry analysts. Paper Severstal showed an increase of 1,4%, CMI has risen in price by 0,7%.

to increase the quantity of paper grew Uralkaliya. The rise of quotations promoted the message of the price increase for potash to Brazil. Securities of companies on the basis of the day went up by 4,3%.

Forecast

External background - a negative one. World stock markets show a downward momentum in the background of mixed statistic data. Loss of U.S. indices were within 0.5%, in Asia - 1.5%. Oil prices decline after reports of rising energy stocks in the United States. The barrel of Brent crude traded at $ 75,5. We expect that the decline in Russia"s market opening will be within 0,5%. Support for the MICEX is located at 1325 points. Influence the course of trading today will have statistics on the labor market (16.30MSK), as well as data on industrial orders (18.00MSK).

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Russia stock market has demonstrated differently directed trends in the main indices, because the RTS added 0.56% to 1,507.15, in turn, the MICEX retreated 0.39% to 1,431.08. Bidders chosen to be fixed against the backdrop of rapid growth in recent days. Besides the external background favored the reduction due to the mixed macroeconomic data and weak corporate reporting Pfizer and MetLife. Oil quotes fell under the pressure of the U.S. Department of Energy data on hydrocarbon reserves in the country, which rose above expectations. Nevertheless, the background was unable to prevent the take-off of OGK-5 and Uralkaliya. The first walked up because of the establishment, together with Inter RAO UES enterprises for the development of nuclear energy. To date the only company in Russia related to nuclear energy, whose shares are fairly liquid. UralKali more expensive because of higher selling prices for products, while shares of its competitors also grown. In the afternoon there was fixation in telecom stocks, as Yesterday a meeting of the coordinating council of Svyazinvest, which describes a methodology for assessing MRK and Rostelecom shares for the purpose of restructuring the sector. One can say that the situation is almost cleared up, but it became known that the evaluation of companies, and coefficients of the exchange will be announced only at the end of March. European stock platform finished the day in negative zone. Still dominate markets, the gloomy prospects of Greece and Portugal because of their huge national debt and budget deficit. Information that Greek workers "union intends to hold a general strike because of the authorities" decision to raise the retirement age only exacerbated the situation on the markets. Statistics for the region were mixed, as indices of business activity in the euro area services sector, and Germany have exceeded predictions, but at the same Britain, he was not so impressive. Data on retail sales Erozone up to the month have not changed, but the annualized figure improved. Statistic data from the U.S., where the number of employed fell by less than the expectation value were positive, but leveled its index of business activity in the services sector, which was released not so optimistic as projected. Corporate news also were diverse. Negative predictions are companies who see no prospects for significant improvement in the situation due to weak demand for their products, in particular with the statement made by the appliance manufacturer Electrolux and steelmaker Outokumpu. Buckling commodity prices also adversely affected the companies" shares. However, strong demand action carmakers, as well as a number of companies in this sector reported a rise in sales.

U.S. stock markets finished the session mixed dynamics indices. Established markets in positive territory prevented by disappointing corporate results among such companies were Pfizer and MetLife, and forecasts, as well as mixed statistic data.

Asian stock exchanges today, most of them are in the negative zone. Buckling oil prices and U.S. indexes led to a negative start bidding. In addition, frustrated investors in these regions identified a sharp rise in unemployment in New Zealand and fall in retail sales in Australia, which may adversely affect the economy of the region.

Russia"s shares wf83ill resume at the opening of decline, and the MICEX index step back to 1420. Pair EUR /USD again closer to the support of 1,387 pending a decision by the ECB rate. Fall below this level will have pressure as the stock and commodity platforms, which can lose all their results of growth of recent days. In this case, the MICEX index may again find himself on 1400.

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