Good statistics on U.S. GDP, and also be better than expected consumer sentiment index and the University of Michigan index of business activity in the manufacturing sector, calculated by the Chicago Association of managers have not helped the U.S. market to remain in positive zone. The euphoria of the positive statistics closer to the end of the trading has been replaced by concerns about the situation in the euro area and the possibility of lowering the estimates for GDP, as was done in the III quarter. Adds the negative statements by the government of the PRC that the monetary authorities of China may resort to raising rates sooner than it will make the U.S. Federal Reserve. This will happen if the “consumer price inflation will exceed the level of the annual rate on bank deposits for two consecutive months. Meanwhile, according to Chinese authorities, Chinese banks have followed the requirements of collapse after a sharp increase in lending volume of loans disbursed during the first week of January and raised the reserve requirements as a result of the end of January the volume of loans fell sharply. Chinese stock market looks today, worse than other Asian sites, CSI 300 index fell 1.61%.

European markets look fairly stable, the pan-European index Dow Jones Stoxx 600 is reduced by 0.44%. Banks, despite the news from China, are growing up. Barclays 2%, Royal Bank of Scotland 1.9%, Commerzbank 1.6%, Deutsche Bank 1.2%. Oil remains at the local minima with rising dollar. Spot Brent $ 71.62, WTI $ 72.89, futures in positive territory at 0.8%.
Rossyisky market opened 1% lower against the external negative, then tried to close the gap, but by the middle of the day again went to the opening levels. At 15:30 the MICEX index decreased by 1.4%, RTS index at 1.24%. Trading volume on the MICEX stock market average, 28 billion rubles. Much better than the market looking like the action of the regional telecom. No news on the sector, no, the players expect that the coefficients of exchange of shares of MRK shares of Svyazinvest will be beneficial to holders of preferred shares of MRK. “Pref Uralsvyazinform grow at 7.2%, SPC at 7.3%, Sibirtelecom 6.9%.

strong enough now looks Gazprom, some support for the shares of the company has records for III quarter of IFRS. In this case it is difficult to assess unambiguously. Net profit rose 33% over the same period in 2008, but the main factor that influenced the size of the net profit has become currency translation gain of $ 42.5 bil. against losses of 35.8 billion rubles. year earlier. Revenues decreased by 7%, EBITDA declined by 41%. It shares the largest oil companies are falling,Rosneft -3% -2.4% Gazprom Neft, LUKOIL -2%. Also losing in the price of shares of steel companies, NLMK -3.9%, -2.9% Severstal, Norilsk Nickel -1.6%.

Before the opening of trading in the U.S. market continues to oscillations around the mark of 1400 points on the MICEX, and then will wait for data on personal spending /income from the U.S. and reporting the largest oil and gas companies of Russia and the United States. In addition to Gazprom Rosneft will report in the United States will publish the results of Exxon Mobil. In addition to statistics on expenditures and household income, which will be released at 16:30, at 18:00 waiting for data on construction spending and the index of activity in the manufacturing sector ISM.

While our market does not want to go below 1400 points, any reduction in the players quickly redeem. This is facilitated by a large amount of free liquidity and low interest rates on the interbank market. However, the fundamental situation is complicated, in addition to oil we should put pressure dynamics of the American market, which struck uptrend. If in the coming days, players in the United States will continue to play a fall, we follow them.

Analytics - the outcome of the day

Energy, World Stock Market, Currency, Weather …

Opening of the American stock indexes are now expected to top
At 16.00 Moscow time the price index value RGBI was 130.71, compared with the closing of Friday, it rose by 0.031%
Annual general meeting of shareholders “Tatneft” will be held June 25 in Almetyevsk
In 2010, TNK-BP will focus on the Yamal, Uvat and Verkhnechonsk projects
Proceeds of the KLA in 2009 grew 18% to 114 billion rubles
On Monday morning prices on the London Metal Exchange are stable
Euro still falling
The newly emerged echoes the tense situation with sovereign debt in the euro area