results of the previous day:

On Tuesday, Russia's stock market went up to their maximum values since the beginning of the year, full compensation for the loss of the two previous weeks.

MICEX index soared to 3.59% to 1220.45 items, RTS index - on 3.54% to 1270.63 points, a new high since the beginning of the year. Trading volumes have increased, but did not exceed the average of recent values.

After the delay, on Monday, when a re-think the prospects for recovery of the U.S. economy in light of recent data from the labor market, the next day once all of the world financial and commodity markets was overcome rampant greed. Asked that the outcome of the momentum trading at Wall Street, where a protracted series of depressions was interrupted after the ISM index in the service sector. This figure, being the first time since the beginning of the year above the boundarylevel in 50 points and above forecasts, reinforced shaky position optimists. A recommendation from analysts Goldman Sachs to buy shares of some banks due to underestimation of the market in preparation for publication of their quarterly reporting, forced to jump into the outgoing car doubters market participants. At low volumes locomotive market has gained momentum, in terms of excess global liquidity and the lack of important events, nothing could shake his move.

So if the previous day verbal intervention a number of prominent persons in the investment community and in the scientific community, who carried a precautionary nature, were generally ignored. So on Tuesday the decision of the Reserve Bank of Australia to raise interest rates by 25 basis points and its willingness to pursue this further, it was interpreted in favor of new orders be placed on a purchase. Despite the fact that it is still negative signal for the status of liquidity, investors have realized this as a confirmation of the appearance of the source for reviving the global economy.

intensified operations against the dollar carry trade, which also contributed to the presentation of Chapter Dallas Fed Richard Fisher, and the head of the FBI in New York by William Dudley, which has become a leitmotif of the idea that the Fed, in light of recent data from the labor market is likely to remain policy of low interest rates. The increased pressure on the U.S. dollar because of the increasing disparity in interest rates in Australia in the future was reinforced by a reaction to an article in Britain's the Independent. Journalists of the publication reported that, in their view, the Gulf countries and Russia on one side and France, Japan and China, as one of the largest consumer of oil on the other hand began to negotiate the transition to the calculations in the supply of black gold, with depreciating dollars to Cart rates. Despite the fact that the communication is likely is speculative in nature and that was later denied by representatives of several countries, it has made in the investment community bombshell.

The dollar went into a knock-down to its competitors, which led to price spikes in commodity and stock markets. Prices of gold ($ 1045/untsiyu) peaked in the last eighteen months, oil prices are a little bit not reached the level of $ 72/barr., On the sort of WTI, drew themselves up prices of industrial metals. Stock markets moved from the format of the consolidation of the growth, which continued even after an unexpected sharp decline in industrial production in the UK (-2.5% m /m, forecast 0.2%).

Russia's stock market to come back into the world optimistic had no choice but to succumb to the general euphoria. The MICEX index since the beginning of activity already after the first minute of trading has overcome the previous day, after which opened the way to 1200 points. This line also failed to curb the onslaught of bulls who assured with the opening of trading in the United States broke up this stock indicator to the line formed in the previous two weeks of correction and the maximum point in 1223, thus making a confident statement to return to the maximum with the beginning of the year.

All more or less liquid stocks finished the day in positive territory. The only exception was the paper RusHydro, which costs up to Tuesday had not changed. She continued her dominate quotes information that the cost of remediation SSHGES $ 40 bil. That would force the company to make additional share issue, whose size could reach 20 billion rubles. Because of the uncertainty after the accident at SSHGES agency Moody s rating RusHydro set to review possible reductions. RusHydro slurred Dynamics shares were offset by the rising cost of FGC (4.24%), which led to an increase in the energy sector Micex PWR at 4.24%.

chip of the day were shares of VTB Bank (7.94%), who continued to reduce their spread after the publication of accounting standards for the first nine months of this year, according to which the bank's net profit came in plus (7.9 billion rubles).. A similar result was achieved mainly due to the change of accounting that led to the dissolution of reserves for possible loan losses. Also made a great contribution increase of interest income, income from trading in securities and dividends of subsidiary organizations. Despite the fact that IFRS such changes do not fully reflect, and that the net profit under RAS is only a basis for the calculation is not high dividends, it still led to a good buy in the shares of the bank. Shares of Sberbank (obyk. 4.32%, scion. 3.32%) in the light of the favorable trends in the sector in the world looked somewhat worse than the VTB, but better than the market as a whole.

Oil and Gas Sector Micex OG increased its weight by 3.74%. Leaders issued shares of Gazprom Neft (8.67%), for which UBS analysts had raised the recommendation to buy. Tatneft shares (2.27%), which was recommended to sell, finished day worse industry opponents.

In the metallurgical sector (Micex MM 3.99%) shoppers were particularly strong in shares of Polyus Gold (5.87%). Looked bad, and Steelworkers CMI shares (4.37%), NLMK (3.64%), which was produced by analysts upgrade ING. MMC Norilsk Nickel (3.55%) followed with the market.

look at today's market:

The American stock market (SP 500 1.49%) on Tuesday kept the momentum for growth from the previous day. Faint dollar after speculation in the British independent of the fact that Russia and Gulf countries are going to transfer payments for oil in the basket of currencies and the decision of the Reserve Bank of Australia to raise interest rates by 25 basis points, attracted investors in shares. Caution ahead of corporate reporting season, investors have to exercise as the previous day, did not after assurances to analysts Goldman Sachs, which, in the actions of a number of banks improved during the period of financial indicators did not adequately reflect. Supported the bulls and U.S. President Barack Obama, who said that in light of recent data on the labor market, is considering introducing a series of measures to encourage consumers to spend their existing savings, as well as additional fiscal stimulus. After the bidding report for III quarter and forecast the future better than market expectations provided the company Yum Brands. Futures on the U.S. indices (SP 500 0.32%) on Wednesday morning in a good plus. This does not interfere with the tone of my head of the FBI in Kansas, Thomas Hoenig, who unlike his colleagues, William Dudley, said that the Fed needed to start tightening its policy. Asian stock markets (Nikkei 225 1.19%, Hang Seng 1.86%), fixed at the opening of the positive developments on the world sites on Tuesday, a whole range of achievements levels. There are sharp movements and the international currency markets and commodity markets. Oil prices are near $ 71.5 on the sort of WTI.

Russia's stock market starts the day near the level of previous day's close. After the opening of bulls can without stopping again to rush to the attack, because after passing the 1,223 points the way to a repetition maximum with the beginning of the year in 1241 points will be opened. But do not discount the risks of a sharp turn, thinking about the precautions.

decline in the volume of trades, the achievement of multipliers significant peaks in the light of growing talk about the need to tighten monetary policy, may testify about the latest entering the top. Illustrative against overlapped over the edge of greed are now buying in shares of AvtoVAZ and VTB. Possible changes in the balance of power may be even planted evidence favorable changes in the quarterly reports of U.S. companies. Therefore, all the attention today will be concentrated on a report the company Alcoa, which will be published after the completion of trades in the states. The rest, as you go today, the final assessment of the euro area GDP in the II quarter (13-00), and manufacturing orders in Germany (14-00), no interest. Important for Russia's stock market will be only oil and oil products in the U.S. (18-30).

If VTB shares will be fastened above the 0.06 mark, then, from a technical point of view, likely to increase the level of resistance to 0,08
Impact on the dynamics of today's trading would have a weekly publication of data on oil reserves in the U.S.
The achievement rate of USD /RUB in October 2009 marks near 29.00 at the moment looks possible
On the positive closing of the market of Russia will be able to retain only the correction of oil prices against the background of a strengthening dollar and rising stocks in the U.S.
Reports of most U.S. corporations likely will be better than forecasts, which can push the world markets to new highs, the
Investor sentiment remains extremely changeable, and markets, respectively, vysokovolatilnymi
Today the possible surge of interest in the shares Mosenergo in connection with the publication of financial results under IFRS for the first half of 2009
Gazprom calls for joint efforts and maximize coordination of participants of the global gas market
Yesterday, the euro /dollar at the U.S. session, rose to the level of 1.4760