Tuesday to Russia's market was marked by a small correction: apparently, the investors decided to lock in profits in anticipation of bank accounts for the leading U.S. credit institutions, as well as the background of falling consumer confidence index in Germany (index ZEW). General, the main victims with the fall campaign began the banking sector, which grew most strongly to this and, accordingly, investors who are most tempted to take profits. Moreover, the shares of the Savings Bank on Monday has reached a very important resistance at level 71 rubles. per share and preferred shares of the Savings Bank yesterday, slightly less than the ruble had not reached the level of 45 rubles. per share, is also an important resistance. In addition, the relay on Monday, the leader of growth and turnover among the blue chips was transferred to Gazprom's shares yesterday, which, incidentally, to hold above support at 189 rubles. Accordingly, we have received a record profit of bank securities and, more importantly, the penetration of the important support levels. Ordinary shares of Sberbank closed below the local (from the beginning of the month) uptrend, breaking it down, and the paper VTB closed below the important support at 0.0700. This means that the data of paper, at least, will be weaker than the market in the near future and are likely to show significant growth will not be able to. (Separately worth mentioning Bank of Moscow, which showed 9.69% growth on the Moscow Interbank Stock Exchange after reporting net losses showed lowered the bank in the III quarter of 2009 to 6.28% as compared to III quarter 2008).

As for the other papers, here draws the attention WGC shares continued to rise - the second consecutive day and at high volume. However, the final candle on these shares have turned out not very optimistic and, perhaps, short-term securities at WGC in the coming days we'll see a correction.

From corporate news interesting assignment Fitch Ratings JSC Polymetal long-term issuer default rating in foreign and local currency ratings at B, and short-term ratings in foreign and local currency at the level of B. In addition, the agency has assigned the company a national long-term rating BBB (rus). The outlook on all long-term ratings - Negative. This conclusion rating agency, in principle,consistent with our recommendations record profits for this paper. She updated the historical highs, reaching the pre-crisis levels higher elevations. In addition, the resistance of 270-280 and was not covered up. Thus, we affirm the recommendation to sell Polymetal .

the market in general, we note that the correction was long overdue, but the technical picture still does not allow to speak of the turn. Moreover, yesterday's decline looks very, very modest. Thus, for the continuation of the fall we need a significant boost. And this momentum can be statistics on U.S. banks. And even good statistics after such growth may lead to a reduction in profit-taking.

Today

Leading global markets declined on Tuesday: German DAX -1,19%, Britain's FTSE -1,08%, DJIA -0,15%. Asian markets this morning traded mixed, with Japanese Nikkei225 shows -0,15%. Futures on the S P500 grow at 0.84%.

Pair EUR /USD is in the € /$ 1,4892, and USD /JPY - in $ /#165; 88.92. Gold is worth $ 1.069,33 per troy ounce, silver - $ 18.04 per troy ounce, copper - $ 6,255, and nickel - $ 18,580 per metric ton.

Yields for UST-2 0,91; for UST-10 3,34.

Oil prices over the past 24 hours rose $ 1.65 to $ 73.27 per barrel varieties Brent.

Futures RIZ9 the night session was closed at 141.500 points (1.21%).

At 12.30 GMT in the U.S. are data on changes in the volume of retail trade (Advance Retail Sales, forecast -2,10%).

At 14.00 GMT are data on changes in stock levels at commercial warehouses (Business Inventories, forecast -1,00%).

So, today we are waiting for multi-directional changes in stock quotations.

MICEX (Daily):

Exchange rate of dollars saved without changes - the morning review of cash markets
Shlapak: In Ukraine by the end of the year will worsen the economic situation because of unconfirmed payment of the state budget-2009
Kommersant: Public investment funds are deprived of the last book
Urgent Passport risen
Takeaway

In September, citizens began to withdraw from the banks not only hryvnia, but currency deposits ...

Positive report, Intel will played at the auctions in the U.S. today, the market can provide support and accountability JP Morgan Chase Co
After a two-day rally in the electricity demand for equities sector should weaken
In the second half Wednesday to Russia's stock market once again possible sale, but we need a reason
Leader of trades may be shares RusHydro after the publication of reports of O. Deripaska's desire to enter the capital SSHGES