season records while not happy

Russia
On Friday, Russia”s stock market fell slightly: the RTS index has lost 0,17% day and night are 0,07% and the MICEX index fell by 0,2%. Trading volumes in total for the RTS stock exchange amounted to $ 4.44 billion, of which $ 2.3 billion accounted for the tools of the derivatives market, turnover of the MICEX index was 42.68 billion rubles.

better market looks telecommunications sector (1.6% on the MICEX sectoral indices), which is definitely plucked up courage after the official count of MGTS and Comstar for the exchange of assets between holding company Svyazinvest and Sistema and good financial reporting MRK.

America and Europe
Stock indexes of the New World fell 0,9-1,25%, the indices of the Old World have fallen by an average of 0,9%. Macroeconomic statistics can be called neutral, but not on it now focuses all his attention (it will continue until January 27 when the Fed will comment on its decision on interest rates). Report JPMorgan Chase was better than analysts” expectations, but almost all the profits realized from transactions with securities - the traditional activities stagnate.

raw materials, currency and so on
Industrial metals at the auctions in London fell slightly, steel prices hold near their highs, gold prices dropped to $ 1130, oil prices collapsed below $ 80 on $ 2, the U.S. dollar strengthened against a basket of currencies, which puts additional pressure on commodity markets.

Statistics and Reporting
On the occasion of Martin Luther King Day holiday in the U.S. today, but because the information plan Monday promises to be quiet and calm, however, Monday, in most cases it really is.

Forecast
publicly traded on Russia”s stock market can be expected to break down 0,5-0,75%, due to the negative dynamics in commodity markets and confused the dynamics of foreign stock sites. Is not the first month of correction arises: if the statements will continue to go moderate, and statistics will be neutral, then an abscess may well explode. We can hardly expect large-scale financial disasters, but twenty per cent down from current levels, we may well see - it would be perfectly normal and natural, and, to some extent, even useful for the market.

MICEX updated local maxima, but stay on them could not. The level of 1455 points can be called a kind of resistance, is located just above the upper limit of the uptrend.

Although the external background and remains ambiguous, in Russia until the market is dominated by the positive mood
MICEX this afternoon, probably will be traded in a weakly negative zone near the mark of 1,445 points
External news background before opening a Russian trading platforms over the negative
Trading volume on the stock market, MICEX Stock Exchange on Friday amounted to 93.38 billion rubles
Gazprom and the Irkutsk region administration discussed the formation of the gas market along the route “Chikanskoye GCM - Sayansk - Irkutsk”
Review of the FOREX market for 15.01.10
Late last week working on forex was marked by further strengthening of the currency of refuge against the general decline of interest in risky assets
Forex Market. 18/01/2010
Kommersant: Economy Ministry proposes lower port tariffs by 30%