The price of oil still remains at a high enough level, it supports the Russian market

By admin at 2 July, 2009, 4:12 pm

Today on the Russian stock market correction is happening, but it was not a proactive - Strong sales do not occur. We see the sale of Sberbank, which continued for several days. Minor sales occur in the oil and gas sector, despite the fact that oil prices have adjusted from yesterday's levels. The negative dynamics associated with the correction in oil and the negative movement of the Western European indices, futures on indices, plus the U.S. show mixed trends. But the sales do not, all wait for the output statistics, which now appears. At 16.30 will be published on the U.S. labor market, it probably would be the most important factor. After that, the dynamics of the Russian market could change, could increase sales. Expectations on the number of changes jobs several weaker than the data that had been in May.

Tomorrow the United States is not traded before the Independence Day. It is difficult to say that tomorrow will take place in our market, probably will not be at all volumes. We are looking forward to the statistics, while not anything interesting happening. In the future, look at what statistics will be released. Whilethere is a desire to buy. The price of oil still remains at a high enough level - around $ 70 a barrel. This, of course, supports our market. The reason for the collapse is not serious.

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Analyst Ratings


RTS varies in the range of 930-1000 points, further evolution will depend on statdannyh on the United States and Europe
While oil prices remain near $ 70 a barrel, the stability of the ruble is never exposed
The availability in the market positive stories allows investors to earn in the long
Today in the United States is expected to: a package of labor market dynamics, and factory orders
Asia: Sales of automobiles in the United States огорчили major automakers
The course is kept buying the dollar unchanged - a daily review of the cash markets
Unemployment in the euro area in May rose to 9.5% - the maximum since 1999
Kievskie tax exposed financial and banking fraud with credit for 50 million dollars
MOF is planning a U.S. IPO GM in 2010

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