Fighting bull and bear trends in the Russian market continues. After a sharp rise the previous day, on Thursday, stock indices RTS and MICEX fell to 1.2 and 2.4% respectively. With regard to the uncertainty of the situation turns trades declined.

Volatility local prices also declined significantly for shares of Sberbank in the number of times, the closure of the modest growth of 1.6%. Shares of Gazprom again cheaper to 4,2%, Surgutneftegaz to 3.2%. The leaders began to reduce the share of WGC-4 and Mosenergo decline of 6.5% and 6.0% respectively. There is no principled corporate news likely to affect the preferences of investors, have been reported. As a result, determining again vneshnebirzhevye factors.

Trades in the United States ended June 25, good growth index (2.1% on three main). The reason for the purchases were made by the quarterly reports of corporations and the rise in world prices of black gold. Oil prices on Thursday once again exceeded 70 $ /barrel., Against the backdrop of fear reduction in oil supplies from Nigeria. In doing so, investors have chosen not to focus on macro-economic signals. The number of initial applications for unemployment benefits for the week increased by 15 thousand to 627 thousand, while the expected decrease of 3 thousand

GDP U.S. (finally), I fell in the quarter. In 2009 to 5,5%, analysts expected a decrease of 5.7%. European markets on the basis of the session fell within 0.8%. Asian growing up in today's auction (Nikkei 0,6% by 9:45 Moscow time).

The high volatility in world stock sites coincided with the outflow of funds from emerging markets funds. According to EPFR, week ending June 24, marked the end of the period of positive inflows into funds in this category, which lasted more than 13 weeks. Of the funds GEM investors withdrew U.S. $ 725 million from the funds of China? U.S. $ 438 million, from funds of $ 355 million of Brazil did not escape the common fate and the foundations of Russia, lost a week of $ 78 million or 1.7% of assets. Exceptions were only category BRIC funds, which have recorded positive inflows of $ 143 million

Today, oil prices rising, Brent traded at a level of U.S. $ 70.2 per barrel., WTI 70,6 $ /barrel.

Thus, a positive news situatsiya.V day conditions will be determined by the statistics of the United States (to be published data on the growth of personal income and spending in May, and the deflator RFE in May), as well as the actions of the major operators.

Russia, Belarus and Kazakhstan can not divide a fee
Miller: Gazprom is investing in production, does not suffer excess capacity
Debts cheeseparing for a share in the business
Forex Asia
Basic Russian blue chips steadily growing, the market seem worse than shares of Sberbank (0.7%)
World markets are revising their attitude to risk in the upward
Closer to the closure of Russia's bid, investors would prefer to fix the profit
Surrounding the technical objectives of growth are in the area 1021,6-1027,3 point on the MICEX index
The shareholders of Slavneft-Megionneftegaz sent 98 899.8 thousand rubles for the payment of dividends on the basis of 2008