euro /dollar fell to American session and reached a level of 1.3860, a minimum of 9 July 2009. The depreciation contributed to the present series of positive economic data in the U.S.. After them, market participants are talking about the fact that U.S. interest rates may be increased earlier than in the euro area.

preliminary index of gross domestic product (GDP) in the U.S. for the fourth quarter of 2009 at an annual rate was 5.7% (forecast was 4.5%, the previous value of 2.2%). The index came out much better than forecast and reached its highest level since 2003.

index of business activity of the Managers Association of Chicago (Chicago PMI) in the U.S. for January 61.5 (57.0 forecast, the previous value of 58.7). This figure is of great importance before the publication of index of business activity at the national level, which is scheduled for Monday.

final consumer sentiment index value of the University of Michigan (Michigan sentiment index) in the U.S. for January 74.4 (73.0 forecast, the previous value of 72.8). This index also went better than expected and reached a maximum level over the past two years.

supported the dollar has decline in oil prices. Today the oil price during trading in New York fell to 1.20 dollar to the level of 72.44 dollars per barrel.

euro /franc soared during the auction in America to the level of 1.4755. The market rumors that the Bank of International Settlements on behalf of the Swiss National Bank bought euros against francs. Dollar /franc responded to this increase to the level of 1.0640. The euro /franc fell today to a mark 1.4632, lowest since March 10, 2009.

Monday, February 1, scheduled for release the following data:

at 07:45 GMT - PPI (PPI) in France in December (forecast 0.1% for the month, -3.0% for the year, the previous value of 0.2% for the month, -4.5% per year);

at 08:45 GMT - bus1000iness activity index (PMI index) in Italy in January (the previous value of 50.8);

at 08:50 GMT - business activity index (PMI index) in France in January (54.7 forecast, the previous value of 54.7);

at 08:55 GMT - business activity index (PMI index) in Germany in January (53.4 forecast, the previous value of 52.7);

at 09:00 GMT - business activity index (PMI index) in Europe (16) January (forecast 52.0, the previous value of 51.6);

at 09:30 GMT - an index of business activity (CIPS manufacturing index) in the United Kingdom for January (54.0 forecast, the previous value of 54.1);

at 09:30 GMT - consumer credit (Consumer credit) in billions of pounds in the UK in December (estimate -0.50, previous value of -0.38);

at 13:30 GMT - an index of personal income (Personal income) in the U.S. for December (forecast 0.3%, the previous value of 0.4%);

at 13:30 GMT - an index of personal expenses (Personal spending) in the U.S. for December (forecast 0.2%, the previous value of 0.5%);

at 15:00 GMT - an index of business activity of the Institute of Management (ISM index) in the U.S. in January (56.5 forecast, the previous value of 54.9, the revised value of 55.9);

at 15:00 GMT - an index of costs for construction (Construction spending) in the U.S. in December (-0.3% forecast, the previous value of -0.6 %).

Futures on the SP 500 moves this morning in the 1060 points
Last Friday, the euro /dollar fell on the American session to a mark 1.3583
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In the next sessions can rebound to the level of 1375 puntka on MICEX index

Shares of oil and gas became cheaper under the pressure of falling oil price: Gazprom (-2,3%), Rosneft (-3,5%), LUKOIL (-2,7%). Among the papers of the banking sector suffered the largest fire-sale shares of VTB, depreciating by 4.5%, Sberbank of paper fell by 2,0%. Shares of steel companies look worse than the market: Severstal (-5,5%), NLMK (-5.4%), MMK (-3.4%).

On Friday, U.S. stock indices closed in the positive range. Increased demand was the action of high-tech companies. The published statistics on the labor market was mixed, and virtually no influence on the course of bidding. Asian stock market indicators today, mostly falling on a background of weak corporate reports - in particular, investors disappointed with the financial results of the Panasonic and Casio. Oil prices are now adjusted after a sharp fall on Friday. A barrel of Brent crude oilfddworth $ 70,1. In the metals market also observed the positive dynamics.

We estimate that morning"s background is more positive for the Russian stock market. After the fall on Friday, today there is an opportunity for correction. Higher oil prices can support the shares of oil and gas companies and the market as a whole. Today is not expected to be published vital statistics.

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Today is not expected makrostatisticheskih important U.S. data and the euro
Today the opening of tenders is expected to nearly previous levels close to the Russian stock market
The external background is neutral for the market of Russia: America closed moderately higher, Asia is trading in different directions
Dmitry Medvedev insists on lowering interest rates for small and medium business

stock index in Brazil BRSP BOVESPA IND decreased by 1.832% and amounted to 62,762.7 points.

Index of the London Stock Exchange FTSE 100 dropped to 1.53% and closed at 5,060.92 points. Index of the Paris stock exchange CAC 40 fell 3.4% and closed at 3,563.76 points. Index of the Frankfurt Stock Exchange Xetra DAX dropped to 1.79% and closed at 5,434.34.

value of the Japanese Nikkei index dropped to the present time 1,068% and amounted to 9,949.7 points.

To date, China"s Shanghai Composite Index rose 0.04% and is at 2,940.583 points.

In the "World"s Markets you can read news, reviews and commentaries on the situation on foreign markets.

the March contract price for crude oil varieties Light on the New York Stock Exchange NYMEX (Crude) was $ 71.65 per barrel (on Friday at the same time, it was $ 73.4 per barrel), the price of futures on Brent crude on London Stock Exchange was $ IPE 70.091000per barrel (on Friday at the same time, it was $ 72.26 per barrel).

As a result of trades on the closing price of ADRs on Russian stocks were:
VTB (Eng) -4.73, Gazprom (Eng) - 23.76, Lukoil (Eng) - 53, Nor. Nickel (Eng) - 14,71, Rosneft (Eng) - 7,24, Surgutnfgz (Eng) - 8,02, Mobil TeleSystem (USA) - 44.59, Rostelecom (USA) - 27.35, Vympelcom (USA) - 17,2, Mechel Steel (USA) - 19.72.

For change of quotations on the Russian and foreign sites, you can follow in the sections "Quotations of securities" and "Interactive TECHNICAL EXPERTISE.

Today Dmitry Medvedev will meet with Sri Lankan President Mahinda Rajapakse. Mahinda Rajapakse to take part in celebrations to mark 50 th anniversary of the Russian Peoples" Friendship University, which will be held in Moscow.

In the headings "Today" and "Important Dates" you will find more information about upcoming events in politics and economics.

Ladies and gentlemen!

Today at 15:00 Moscow time on our website to start a conference: "Presidential elections in Ukraine: the winners and losers" .

Participants:

Viktor Mironenko , head of the Center Ukrainian Research Institute of Europe

Andrei Okara , a political scientist, Director of the Center for East European Studies

Valery Semenenko , co-chair of the Association of Ukrainians in Russia and the Chairman of the NGO "Ukrainians of Moscow"

Kirill Frolov , Head of the department of Ukraine Institute of CIS

Eugene Kopatko , a sociologist Holding Research Branding Group

Yuri Panasik , head of the Heritage Foundation Eurasia

Ask the experts can now!

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"The advantage of electronic reporting for tax payers is obvious - to reduce the time and money. It is beneficial for the state. Because the process must be done in simple and understandable. The problem is that when the electronic records transferred to a commercial basis, it will be abused. This compromise in general a good thing ", - stressed Bermes.

As explained member entrepreneurs Lviv Yuri Sendetsky, October 28, 2009 carried a letter-explanation of STA of Ukraine that the electronic records must pass through private firms. It turned out that mediators require registration fee for the year in the amount of 960 UAH. In addition to purchase electronic keys. Therefore, business organizations have decided to apply to the STA in Lviv1000region with a demand to restore the opportunity to pass the electronic reporting to the tax authorities directly.

However, not all public authorities have the appropriate software to make statements.

"Now, our own system, allowing business entities to file reports directly to, the Employment Center, like other state agencies, no. It is in the country has not yet been established", - said director of the Lviv City Employment Center, Oleg Risan.

"Businessmen can send it only through the operators, who have a certain electronic resources. And they are often the intermediaries, legal guardians pay for their services. two payment options: for the use or the appropriate website, or software," - he explains.

businessmen say that government officials, introducing the relevant law of electronic reporting in Ukraine, were not clearly defined procedure for its submission. According to a board member of the Ukrainian Union of Industrialists and Entrepreneurs Ivan Petukhova, the process of putting electronic reporting is governed by 13 laws, decrees and orders of the three Cabinet ministers, seven orders and decrees of other executive bodies of Ukraine. Despite this, the said regulatory framework clearly defines how the date of mandatory reporting in electronic form in different instances.

entrepreneurs believe that they should have the right to independently choose in what form to file statements - paper or electronic, and the state must provide free of it.

"Today no one is forcing individuals and legal entities to submit reports in electronic form. And what will be tomorrow - no one knows" - said president of the Association of Employers of Lviv Zenoviy Bermes.

Conference on-line: "The presidential election in Ukraine: the winners and losers"
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Poor Dad

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Ukraine once again started to increase purchasing prices for meat. Only the first three weeks in January prices, according to the agency AAA, increased by almost 14% to 13,5 UAH. per kilogram live weight. For comparison: in November - early December, farmers are not able to exercise raw materials more expensive than 11 UAH /kg. According to analyst UkrAgroConsult Olga Brain, prices continue to rise in the short term, adding a monthly basis at least 5-10%.

price hike production of domestic livestock due primarily to the situation in the segment of imported raw materials. According to AAA, the end of 2009 meat import to Ukraine dropped by 20% - up to 363 tons This reduction of supply - the merit of local ranchers, who for years have made many attempts to thwart foreign suppliers. Although the total blocking imports, which sought to farmers, did not happen, diverse and "nasty things to him," for example, quality control and mass culling of imported meat to Ukraine, the complexity of customs, etc., did their job.

But even those parties that infiltrate across the border, offered already for very different prices. If six months ago, imported raw materials cost by 30-50% cheaper than domestic, by the end of the season the difference was reduced to 10-15%, and in some batches it even more expensive than local products. For example, the German chilled pork sold in the territory of our country from 18 UAH /kg. According to the company AAA, in December last year to 13% more expensive and imported beef: some sellers asking for it more than 19 UAH /kg. The increase in the cost of imported meat to a large extent due to the difficulties in crossing the border. In addition, played a role appreciation of the euro.

order not to lose customers, importers looking for new, more modest in its pricing inquiries suppliers. So, late last year in Ukraine for the first time legally appeared Chinese pork (before the main suppliers were Poland, Germany, Belgium and Holland).

"Importers have brought the first 400 tons of meat of the Celestial Empire, which invited customers to 12,45 UAH /kg," - said the AAA. Given that the cost of such goods starts with 6,5 UAH /kg, we can assume that in the future, its share will grow.

Meanwhile, domestic cattle, taking advantage of rising prices, will try to strengthen its position in the market. In 2009, the number of pigs in the country increased by 10,8% - up to 155 million head, while, for example, in 2008, the industry, by contrast, showed a negative trend in 11,8%.

Requirements meat from falling purchasing power of citizens in connection with the crisis have fallen over the past year at least 20%. Therefore, Ukrainian meat market very soon may lose the status of dependency on imports. However, by processors such success in the industry is not happy. Since the new year in the production of the classic varieties of sausage ("Doctor&e69amp;quot;, "Milk," "Children," etc.) they must adhere to the traditional recipe that is written in the new guests.

It provides for a higher meat products or first grade and the complete absence of starch, bone meal, soy and other additives, which are so fond of our compatriots to lure manufacturers. Back in December, before the entry into force of new recipes, enterprises clutching their heads, figuring that the cost of the "ideal" sausage is unlikely to be less than 80 UAH /kg. Taking into account the increase in raw material prices, this figure should rise at least another 10%.

Representatives meat say they are already supplying to retail products manufactured by new guests. Olga Brain claims that actually they do not act and if the raw materials will continue to go up, the chances of Ukrainians recall long-forgotten taste of this sausage close to zero.

Ludmila Ksenz

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So far, the most expensive work of Alberto Giacometti - the sculptor, at the peak of his career vayavshego as thin as a match, the figures - was "Big woman stood II", which was sold in 2008 at Christie `s over $ 27.5 million so that estimeyt in the $ 19-28 million, which put "walked a man I" specialists of Sotheby `s, have already claimed the record. But while Sotheby `s and say now that" this amount reflected the extraordinary importance of this magnificent work, and the fact that it is the only lifetime cast of a cult story, "the hammer price exceeding $ 100 million, of course, was not expecting anyone.

"Walking man I" was created by Alberto Giacometti for the urban area, this explains the unusual size for a sculptor casting - as a man. In 1956, Giacometti, along with Alexander Calder and Isamu Noguchi were invited to create something avant-garde for the Chase Manhattan Plaza in New York. The ambitious project was not implemented, however, Alberto Giacometti in 1961 yet made the two casts, one of which was shown in 1962 at the Biennale in Venice. Second, in 1980 came to a collection of contemporary art of the German bank Dresdner Bank: before she graced the bank"s head office in Frankfurt, and last year walked away with his other assets and art collection to C1000ommerzbank AG, who set her up for sale.

first time the most expensive piece of art has become a sculpture, and created in the second half of XX century. And the first record put in London - all the previous "most expensive" sold in New York. Thanks Giacometti past auction Sotheby `s has become the most lucrative auction in London, gathering a total of $ 235.6 million

However, it should be noted that the previous record belonged to the canvas by Pablo Picasso"s "Boy with a Pipe, which was sold in 2004 for $ 104.1 million, surpassed only by a little. And the dollar has since fallen in price. And if the fluctuations, the record will not stand by Giacometti. Thus, according to analyst firm Skate `s, that translates into real nominal prices adjusted for exchange rates, the most expensive is" Portrait of Dr. Gachet, Vincent van Gogh: in 1990 it was sold for $ 82.5 million, but today its price - $ 125.5 million, followed by "Moulin de la Galette" by Auguste Renoir (1990, estimeyt - $ 78.1 million, went for $ 118.8 million), and thereafter a "Boy with a Pipe" by Picasso, whose price in terms of now stands at $ 106.3 million

However, none of the above listed works will not stand if the market will, for example, "Allegory of Painting" by Jan Vermeer. The possibility of restitution of the paintings from the Kunsthistorisches Museum in Vienna has been discussed for several months: the descendants of the owner of paintings, Jaromir Czernin, argue that at the end of 1930 he was forced to sell the picture of Hitler in fear for his wife, who was half Jewish. Experts estimate "Allegory of Painting" in the $ 210 million

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Monday at 15:00 Moscow time on our site will begin a conference on: "Election of the President of Ukraine: the winners and losers" .

On the eve of the second round of presidential elections in Ukraine, Ukrainian politicians are increasingly remembered Maidan. According to some experts, future development will depend not on who won and who the loser. In addition, it is expected that soon after the presidential election unfold the struggle for the post of prime minister and the composition of the Verkhovna Rada. And did not pass a second round of candidates who have refused to support Yanukovych and Tymoshenko have already announced their intention to participate in this struggle.

How realistic is the scenario that the Maidan-2010 will be translated into reality? With what will have to face the new president of Ukraine after the election? What are the main conclusions can be drawn from the last election campaign?

Participants:

Viktor Mironenko , head of the Center Ukrainian Research Institute of Europe

Andrei Okara , a political scientist, Director of the Center for East European Studies

Valery Semenenko , co-chair of the Association of Ukrainians in Russia and the Chairman of the NGO "Ukrainians of Moscow"

Kirill Frolov , Head of the department of Ukraine Institute of CIS

Eugene Kopatko , a sociologist Holding Research Branding Group

Yuri Panasik , head of the Heritage Foundation Eurasia

Ask the experts can now!

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Credit resuscitation

continuing credit stagnation bankers attributed to political factors. "If after the presidential elections, political and economic situation to normal in the second half of banks with excess liquidity, will begin to lend more actively. To improve its financial performance, financial institutions are interested in the resumption of lending," - said Dmitry Sologub, head of research and analysis of Raiffeisen Bank Aval.

Among the major creditors of enterprises will continue to appear on state-owned banks, which even in the last year managed to set records for the credit implosion in the economy. With respect to segment physical persons, it will be in the forefront of "daughters" of foreign banks have r1000eceived support and contribute to the capital from the parent structures. "Expect to have activity only against some Western players. They will focus on short credits, as" long "money has not yet appeared in the country", - says Greg Krasnov, CEO of Platinum Bank.

However, the activity of "foreigners" will moderate. The reason - record losses that they were in 2009 because of the aggressive policy pursued by the pre-crisis years. "Shareholders will not long tolerate such a situation, and soon will demand from its Ukrainian unit profitable operation. Therefore, banks will be forced to lend," - said vice-chairman of one of the banks with foreign capital. However, scalded with milk, financiers are now promise to blow on the water. "After" work on the mistakes of the banks will be more carefully selected customers in the future ", - assured Dmitry Zinkov, chairman of OTP Bank.

Loans for selected
For physical persons

lending bankers are going to bet on the issue of "short" of loans in local currency. "First and foremost is to revive short-term hryvnia lending: consumer loans, auto loans for three to five years, overdrafts and credit cards" - predicts Piotr Kaczmarek, director of retail business, Alfa-Bank (Ukraine). Another area which bankers predict growth - cash loans. "Cash-loans compared to last year show the dynamics at the level of 15-20%", - believes Tzvetan Petrinin, deputy chairman of Retail Business, director of retail business and distribution of VAB Bank.

However, almost all surveyed banks were assured that no plans to soften the requirements for borrowers and conditions for granting loans. "Return to the rampant lending individuals, when the loan be made with a minimum initial contribution (and in some programs, and even without it), and all related transaction costs (commissions, insurance, etc.) could be financed through a loan, not exactly will be "- convinced Dmitry Zinck. "By establishing crediting physical persons, banks in the first place will start issuing loans to those customers that maintain a permanent relationship, as well as clients with positive credit history", - considers Tzvetan Petrinin.

will remain fairly high and the price of loans. Therefore, as in the current year, motorists will have to rely on the affiliate programs of banks with car dealers and manufacturers, providing preferential rates. "Lending rates remain at a high enough level - around 30% APR. Expect them to reduce the current year is not worth as resources for the banks will still be expensive", - says Sergey Alputov, head of monitoring the bank"s lending programs Khreschatyk.

Mortgage is not present

Few financial institutions promise to return this year to mortgage lending, and only a few - to grant loans to buy housing on the primary. "Maybe we are intensifying the work in the segment of mortgage lending as the primary and secondary markets for the purchase of real estate which is in the mortgage for bad loans as well as I know where the exchange of shelter" - told the press service of VTB Bank. Most bankers still consider high-risk mortgage market. The reason - conflicting predictions about the dynamics of property prices.

"There is a likelihood of further depreciation of the collateral, which may lead to an increase in the level of bad debt on the mortgage loan portfolio. In addition, mortgage loans are issued for long periods, and attract long-term financial resources of banks today is not easy. Under the purchase of real estate continue to provide l1000oans mainly those banks which have their own building projects. Mortgage lending will resume no earlier than the 2012-2013 "- predicts Dmitry Zinck. There is another reason why the financiers are not too believe in the success of the mortgage in the short term. Because of the ban on the issuance of loans in hard currency, banks will have to give expensive hryvnia virtually inaccessible to ordinary Ukrainians. Currently, the average rate on loans for housing purchase is 22,4-26,64% per annum, and reduce the price banks are not going.

"The initial contribution for mortgage lending will be in the range from 30 to 50%. This rate will remain at the level of interest rates on car loan - 25-27%," - says Tzvetan Petrinin. The plans of the bankers also limit the average duration of mortgages 10-15 years and to tighten the requirements for their welfare.

Businesses give money

Experts forecast more strong growth this year may show loans to legal entities. "The market is ready to lend to the corporate sector. This segment, in contrast to the retail market does not require the bulk of technological training, less risky loans. We expect the loan portfolio of legal entities in the system will increase by approximately 10% (in 2009 this figure was 5% . - Ed.) "- convinced Haim stalactites, Vice Chairman of the Board, Director of Corporate Business VAB Bank. Optimists also believe that lending to corporate customers compared with the year 2009 could increase by almost a third.

"Large-scale revival of lending can be expected from the end of the first quarter, while real growth portfolios will have visible from the second half of 2010. For the second quarter will increase competition among banks, which affect the rates of loan programs for businesses. I think the growth of credit portfolio will be legal entities for the year about 30% (in 2008 - about 75%), "- says Victor Yerasov, Director of the Department of the Treasury BG Bank.

At the same time, the financiers do not promise any substantial liberalization of the requirements for borrowers, no credit conditions. On the one hand, they fear to stimulate growth of "bad" loans, and therefore intend to make loans or verified customers with impeccable credit history, or the least risky categories of borrowers, such as exporters.

"At this stage we focus on lending to corporate clients. In particular we are interested in customers who have a significant part of the turnover generated in foreign currency", - said Marco Cappellini, Chief Director of Risk Management Pravex Bank. On the other - the financiers are simply unable to satisfy the pent-up during the crisis, demand for borrowed funds. "Credit product starts to" wear off "as we improve the economic situation in Ukraine, as a rule, by reducing tariffs. For example, the beginning of 2011 lending rates in UAH for small and medium-sized businesses can fall from 26-27% to 21-22 % per annum "- promises Haim stalactites.

However, the current efforts of banks to build active operations will allow them to stay at the level of performance in 2009, or show only modest growth. "In general, the banking system"s loan portfolio, or slightly decrease, or remain stable, while last year it is rapidly declining. Since loans will be repaid at all banks, and issue new plan to only the largest financial institutions, the loan portfolio growth for the whole system We do not expect ", - said Piotr Kaczmarek.

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says the UNIAN letter to the National Bank of Ukraine № 40-511/621-1844, sent by commercial banks.

"mortgage, appraisal /reappraisal which has been implemented for more than six months before the test, ie before 1 July 2009, accepted for the calculation of net credit risk uf0csing a correction coefficient 0,75 to the value defined in the report property valuation, and the corresponding coefficient depending on the category of credit transactions "- the document says.

As UNIAN reported earlier, commercial banks of Ukraine till April 30, 2010 must provide the National Bank of Ukraine and the audit results of stress-testing in 2009. It is foreseen by the decision № 763 of the National Bank of 23 December 2009.

The document indicates that stress testing will conduct the audit of the company, carrying out an audit of annual financial statements of commercial banks. In this regard, the NBU ordered commercial banks to make appropriate changes to the contracts with audit firms.

Under stress-testing, an audit company should assess the adequacy of reserves and the bank"s capital, as well as an assessment of its loan portfolio. Information on credit operations must be provided in several aspects: according to the bank, according to an audit carried out in accordance with the requirements of the National Bank of the audit, taking into account the component of stress testing.

Gap down at the opening of Russian market on Friday was over 1.5%. Further decline deepened. Loss of the MICEX index during the day reached 3.5%. The dollar index RTS lost weight much faster because of the weakening of the ruble exchange rate were below the psychologically important mark of 1400 points.

In the first hours of trading virtually all securities traded in the red zone. As leaders of the reduction were Paper IDC North Caucasus (-6.41%), AFK Sistema (-5.35%), Mechel (-4.18%). Growth was observed only in actions "KAMAZ" (5,4%), Rostelecom (1,71%), Uralsvyazinform (0,55%) and TGK-14 (2,78%). "The volumes in which there were sales, good enough, so you can say that the players are systematically selling all the papers," - notes the analyst of the Criminal Code of "AMC Finance Vladimir Semenov. "Foreign exchange market moved down by 5-6% of the price of raw materials. At this point, they all want to just sell it. Given that the rates and stock and commodity markets in isolation from the real economy were at a peak in recent months, the movement was rapidly down quotes and powerful ", - analyst IK" ITinvest "Alexander Potavin.

Quotes oil after a brief rebound early in the week for yesterday"s day had lost more than 5%. Against this backdrop, Rosneft declined by 2.84%, Surgutneftegaz - on 2,91%, LUKoil - on 2,65%.

Gold traded today at minus lightweight, aluminum and nickel, on average lost more than 1%, putting pressure on companies in this sector. Norilsk Nickel on the day declined by 2.24%, Polyus Gold - on 4,28%.

Leaders of sales, Sberbank and Gazprom, lost on the session 1,98% and 2,29% respectively.

By 20.30 Moscow time the euro /dollar is at 1.3609. Today, the MICEX for one dollar gave 30.47 rubles for one euro - 41.72 rubles. Thus, the value of the currency basket now is 35.56 rubles (the last trading price on the basis of the currency basket was 35.36 rubles).

main sales were in the first two hours of trading, to dinner activity Sellers asleep. The players were waiting for the publication block statistics with the U.S. labor market, the data on the number of jobs and unemployment. After the release of data on Payrolls the stock market has improved. The unem1000ployment rate declined from 10,1% to 9,7%. Markets reacted positively to the published data, in futures on the index of SP, as well as the value of the euro experienced rebound. However, the start of the American session was held in the "red zone", resulting in the Russian sites downward dynamics observed until the end of auction. As a result of the day the MICEX index lost 2.88% to 1355.64 points. RTS Index today, concluded the session lower by 3.55% to 1,411.14 points.

Index of the London Stock Exchange FTSE 100 dropped to 1.53% and closed at 5,060.92 points. Index of the Paris stock exchange CAC 40 fell 3.4% and closed at 3,563.76 points. Index of the Frankfurt stock exchange Xetra DAX dropped to 1.79% and closed at 5,434.34.

"In these conditions, we expect the continuation of the correction of possible short-lived rebounds upward," - said portfolio manager Finam Vassily Konovalov.

"Next week will be clear to the output of macroeconomic statistics. The most important data will be data on the eurozone GDP. In general, the positive outcome of G7 meeting could lead to a rebound in world stock markets, resulting in the MICEX index may return to the boundaries of the medium-term rising channel ( above 1430 points). In the opposite case, the correction in financial markets continues strong support of the MICEX lies at the level of 1290 points, "- says the analyst GC Alor Anna Lyukanova.

By 20.30 Moscow time, the March futures for Brent crude traded at $ 71.32 a barrel, Light - $ 72.8 per barrel.

In the U.S. for the same time, the Dow declines by 0.56%, the index SP - at 0.563%, the index of Nasdaq - for 0,11%.

In the evening session on FORTS futures on the RTS index decreased by 1.93%, to 138,735 points. Futures for shares of Gazprom, Lukoil, Sberbank lost 1.36%, 1,18% and 1,28% respectively.

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