Sweet September

Russia

Russia's stock market, being granted virtually to himself, yesterday made good progress up: the RTS index rose 2.77% and the MICEX index rose to 2,43%. Trading volume on the RTS stock exchange was $ 2.31 billion, of which $ 1.16 billion were in the tools of the derivatives market, the MICEX Stock Exchange Section to gain by selling 126.3 billion, turnover in the index amounted to 47.1 billion rubles.

highlighted Russia's banking sector: the capitalization of VTB Bank (9.4%) grew against a background of SPO, the offering price which was set above the market quotation, and Sberbank (4.1% ordinary shares and 6.6% preferred) False because of obvious problems with the closing of short positions (however, prefecture is likely to overtake the banal gone ahead ordinary shares).

Europe

indices of the Old World have increased by an average of 1,4%, in response to a rather positive macroeconomic statistics for the European region and the outcome of the summit G20. Although ministers have not said anything new or unexpected, sown them positive, in the form of statements about the beginning of the end of the world crisis, was enough to inspire a bulls on new purchases. Reductions in government assistance programs in the near future is not expected, and this means that liquidity will continue to push quotes upward. A timid voice, talking about blowing a new bubble and future serious problems with inflation (the inflation of assets, we can already see an example of the growth of quotations of securities), are lost in the roar approval of world opinion.

raw materials, currency and so on

industrial metals on the auctions in London, Baltic Dry Index and the index value of the U.S. dollar behaved very peacefully, but gold prices are assaulting a mark of $ 1000. Experts solidarity, that gold should renew highs this year, but now with the assessment of the time when the happy event occurs, there are small differences.

Oil prices settled down well below $ 70 and are unlikely to yield data API and EIA and OPEC Summit (scheduled for Wednesday) there will be any major changes. Futures Brent crude traded around $ 67, futures mark WTI is slightly above $ 68.25 (October contract at 9-30 Moscow time).

today (among other things, the financier's Day - you can tell a professional holiday of all traders) promises to be relatively quiet on the economic news: a 12-30 (Moscow time) leave the data on industrial production in Great Britain, 14-00 (Moscow time) the same publish statistics on Germany - other data are unlikely to have a strong influence on the dynamics of financial markets.

Forecast

opening of trading on Russia's stock market is expected to reach yesterday's close, maybe with a small gap down, it will all depend on oil prices, the outcome of trading in Asia and the U.S. state of index futures. Seen that the index futures also gain relevance in the afternoon, because bidders will try to guess the direction of opening them to the U.S. trade areas.

From the perspective of technical analysis MICEX today to fight for the level of 1110 points, which looms on the hourly chart. If the price of oil to the discovery of another slightly below, the battle for the specified mark promises to be extremely bitter. However, if the flow of purchases in the banking sector continues, the MICEX index may well go higher.

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Today promises to be relatively quiet on the economic news
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Autumn turns

All summer the Ukrainian market share stood at the place ...