In Friday trading on Russian markets were again volatile in nature. Starting the day with a slight increase that was generally inconsistent with the global dynamics, and oil prices in the second half of the day and in the Russian market was corrective wave. And although its capacity was still below expectations, however, the main market of the Russian blue chips ended the day in negative zone. MICEX index fell by 0.3% to 974.04 points and the RTS index fell by 1% to 950.24 points.

In the positive area was able to complete day Uralkaliy Securities (6.9%), SibTK (4.2%), Severstal (3.8%), CMI (3.4%), NLMK (3.4%), Rosneft (1.2%). The banking sector was also traded to better market: Sberbank (1.8%), VTB (1.6%), Renaissance (3.6%).

In the red completed the week of action NorNikelya (-1.8%), Gazprom (-1.9%), Rostelecom (-2%). U.S. court in connection with the Independence Day is not traded. In Europe, also dominated by sales and market looked worse than the commodity sector. Nevertheless, the exchanges were closed as a whole is neutral: FTSE index gained slightly less than 0.1% CAC40 index rose by 0.01%, DAX index fell by 0.22%.

Futures Brent oil varieties Breaks support $ 66/barrel, and with Monday morning trading at $ 65/barrel, which is a strong level of support. In the case of the dynamics of sales next objective is located in the vicinity of $ 55-60 per barrel and it is possible that not very positive makrostatistika, published last week will be an additional stimulus to the development of sales. At 18.00 Moscow time data will be published on an index of business activity in services in the U.S. (expected to increase to 46.7 from 44 points). Asia traded mostly in negative field.

We expect today to preserve the Russian market dynamics moderate sales and it is possible that the gap down at open areas will be within 1-2% of the closing Friday.

Trading on European Exchange distinguished on Friday increased volatility
Latin America: the uncertain mood in the background of the lack of significant news
Russia will raise duties on Ukrainian coal
Kommersant: From Ukrtatnafta demand ransom
Market shares went on vacation
After a slight recovery in the early weeks, reducing the leading index may continue
Quotations of futures on oil brand Brent on the New York Mercantile Exchange continued to fall
Futures for crude oil and on U.S. indexes provoke the Russian market sales
Fixing arrived today may take on shares of the Steel Industry