The Russian stock market began a significant collapse week. The decline was observed across the spectrum of liquid shares traded. As leaders of shares of Sberbank, VTB, Lukoil, Rosneft. The second line is also predominantly observed a significant negative trend. MICEX Index punches this time, 1000 points mark, which is alarming in terms of technical analysis of the signal. Oil prices fall significantly after the evening on Friday, today continued to decline and reached a level of 67 dollars per barrel. From the perspective of technical analysis of the quotations of oil stayed below the channel bottom, which was formed in May-June and is now the nearest support is at 65 dollars per barrel.

U.S. stock market decline has opened more than 1%. Trades take place in Europe with significant negative trends. Perhaps, in the course of bidding, after all, have had their influence in revised downward momentum of world economic forecasts from the World Bank. In doing so, among the developed countries more than others in a downward revised forecast for the euro area. Previous estimates of the World Bank assumed the euro area GDP in 2009 to 2.7%, the current valuation implies a fall on 4.5%. Year will be particularly severe for the countries of Central and Eastern Europe. Bookmark revise forecasts as the World Bank has been China. Projected GDP growth for 2009 was revised from 6.5% to 7.2%. On the other main countries with developed and developing economies prevailing downward projection in the direction of more negative dynamics of the GDP. Note that the projections from the World Bank is now more gloomy than the current forecast of the IMF, involving reduction of the global economy in 2009 to 1,3%, against the World Bank to the dip at 2.9%.

This week will be very rich in important macroeconomic data, mainly on the U.S. economy, which will begin from Tuesday. The focus will be on the real estate market statistics (the dynamics of sales in the secondary and primary market of housing), data on orders for durable goods, data on consumer income /spending. Also important will the U.S. Fed meeting on Wednesday, which is expected to be announced on enhancing the policy of quantitative incentive to purchase government bonds.

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On Monday, the Russian stock market continued to decline, to resume purchases require serious positive
Ministry of Economic Development of Russia is discussing the possibility of reducing the final electricity tariffs for industrial consumers
In the coming weeks is expected to weaken the dominant visible now on the Russian stock market bear trend
MICEX index may find support at 935 level, which will allow markets to adjust their decline
Further dynamics of the Russian market will determine the outcome of the Fed meeting
Futures on the RTS index fell by 5.71% to a value of 94 290 items
In the near future, you can expect some cross with a stock market to bond market