Day starts on the next block of output reports, which will determine the mood in financial markets over the next day

Written by admin on October 21st, 2009

Investors surprisingly not in a hurry with shopping

Tuesday on Russia's stock market dominated lateral dynamics of quotations. Having opened with a gap up on the background of rising oil prices, the players resumed their sales across the spectrum of chips. Further dynamics of quotations was mixed. Negative statistics from the United States did not allow Russia to close down the market into positive territory.

At the auctions in the U.S. dynamics of quotations was negative. Investors were disappointed by the fall in producer price index, as well as weak data on the number of started the construction of houses. Positive statements Caterpillar, Texas, and Apple does not become an occasion for growth. Papers commodity adjusted yesterday after rising the previous day.

External background on Russia's market opened mixed. Japanese Nikkei is trading near zero. Chinese Shanghai Composite rising 0.3%. London Brent traded at a mark of $ 76.8. Futures on the U.S. S P500 traded near zero. Currency pair EUR /USD traded at 1.4925.

Today, we expect to see OPPOSITE opening on Russian sites. Yesterday, we expected more pressure buyers, but the market dominated by selling. In fact, now we are seeing a stable profit-taking in the course of the day, many players get rid of securities. Buy only the most optimistic in the hope of the continuation of the commodity rally and growth in developed areas. We are still reserved about the prospects for further improving Russian indexes, and do not see any drivers for the conquest of the regular peaks. Today, in the first part of the day expect moderately negative dynamics of bidding. After lunch, start the next block of output reports, which will determine the mood in financial markets over the next day.

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