Peculiar tug of war between bears and bulls will be a consequence of the lack of obvious advantages to one party or another. Published on the eve of the evening strong data on consumer confidence from the Conference board, coupled with some fairly good quarterly reports were insufficient to keep the American stock market in positive territory (SP 500 -0.42%). Spread the market by the end of the trading session contributed increased speculation that the outcome of the ongoing meeting of the Fed FOMC, the regulator will signal a more briskly embodiment of plans for the removal of add1000itional programs to support the economy. After completion of trades reported back in the forecast the company Yahoo, which did not give significant impetus to the growth of futures for U.S. indices in Wednesday morning (SP 500 0.09%).

In Asia, where there are fresh fears that the People”s Bank of China will continue to tighten monetary policy, preference are still selling: Shanghai composite -0.47%, Nikkei 225 -0.71%, Hang Seng 0.29%. Restoring annualized rate of Japanese exports (12.1% y /y against expectations of 8.6% y /y), together with the ongoing withdrawal from risky assets has strengthened the Japanese yen against the U.S. dollar (USD /JPY 89.25), which also affects the market sentiment . The market of oil (WTI 74.76/barr.) After the “bull” of data on stocks of the API, the situation remains stable.

expectations of favorable sales data in the primary housing market (18-00) and the outcome of the Fed meeting (22-15), many speculative sentiment forced to close existing short positions, and all others - to wait. Happy volatility will bring reports from Caterpillar, Conoco Philips, The Boeing Company Abbott, SAP, General Dynamics and WellPoint Inc. Also today, the annual report on the political and economic situation in the country will address the U.S. president, Barack Obama, where he will disclose plans to provide tax breaks for companies hiring additional staff.

Net profit of the Bank “Saint Petersburg” on results in 2009 under RAS decreased in 2,2 times to 1,4 billion rubles
In the currency market the dollar strengthened somewhat on most currencies
Alexander Lebedev took off from Aeroflot for $ 400 million
Bernanke has the support of more than half the senators before the vote
The head of the ECB Obama supported the proposed restrictions for banks
Banks in plainclothes

German authorities with unprecedented activity of buying shares in the brook record losses of private banks …

Recommendations for market shares: LUKoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank “
The reluctance of oil platforms to make another attempt to increase as a deterrent to domestic market
Recommendations on the shares of Gazprom, Lukoil, Rosneft, Sberbank and VTB