Europe

European markets are rising against the background of data from Germany. European FTSE Eurotop 100 index of 0.95%, Britain's FTSE 100 0.8%, German Xetra Dax 0.52%, French Lyxor Cac 40 0.7%.

The index of economic expectations in Germany, calculated institute ZEW, has grown considerably in July from 39.5 points to 56.1. Analysts predicted value of 45.2. Support of the European sites is also growing futures SP 500, after yesterday's significant reduction in the U.S. market may be adjusted upwards. The high volatility demonstrate mining shares. After yesterday's 5% decline in the sector background of positive dynamics of metal prices adds 3%. Xstrata 4.6%, Eurasian Natural 3.4%, Rio Tinto 3.2%, Antofagasta 2.5%.

Oil

Oil consolidated after the 4% decline the previous day. Today and tomorrow we are waiting for data from the United States for oil and petroleum products, today data from the American Petroleum Institute API, future data from the Ministry of Energy. Spot Brent $ 70.04, WTI $ 66.75. Futures Brent increased by 0.4%, trading around $ 71.

Russia

Today, at the opening of the market played yesterday's decline in part, to support this positive momentum of American futures and futures on oil, which once again traded above $ 70. At the recoil reaction of oil and the ruble, which is strengthened by 1%. At 16:25 Moscow time the MICEX index rising by 1%, RTS index at 0.97%. Trading volume on the MICEX stock market dropped sharply to 24 billion rubles.

The focus of the energy sector. The devastating accident at the biggest in Russia Sayano-Shushenskaya hydroelectric power station, which claimed the lives of more than ten people, will bring huge losses RusGidro company that owns the Sayano-Shushenskaya GES. According to Acting Chairman of the Board Vasily Zubakin, damages the company would be 1.5 billion rubles. monthly. The market yesterday was not able to react to these news, since shortly after the opening exchanges for trading shares RusGidro were suspended indefinitely. At this point, shares have already lost 7%. In London, where the bidding does not stop, the paper RusGidro fell by 15%. Since full recovery may take months, HES, or even years, the energy balance of Siberia will be substantially changed. Today, the best performing stocks of energy companies that will compensate for the lack of hydroelectric power. This is especially Kuzbassenergo (TGK-12) and the Yenisei TGK-13. Increasing capacity to OGK-3, OGK-6, TGK-11. Irkutskenergo Shares soared 24%, Kuzbassenergo 16.8%, TGK-13 16.8%, OGK-4 9.6%.

It is also the market shares of VTB Bank (4.6%). The final price offerings VTB is to be determined at the end of August, however, reported to the media, the organizers appreciated the placement of shares at 4.8 cent per paper, which is 17% above the closing price Monday. Sberbank is also growing, adding 2.3%. In the oil and gas sector slabopolozhitelnaya dynamics: Gazprom (-0.1%), Lukoil (0.5%), Surgutneftegaz (0.9%), Rosneft (2.1%). Metallurgical shares move raznonapravleno. NLMK -1.4% -0.4% MMK, Severstal 0.1%, MMC Norilsk Nickel 1%.

Outlook

At 16:30 in the U.S. data on producer price indices, the number of bookmarks of new homes and building permits. Data from the real estate market will be of great importance in the light of the continuing conversations about the imminent restoration of the U.S. economy is interesting how quickly the economy is recovering, with whom he began a global drop in markets. In the case of a positive scenario of the market today have the opportunity to gain above 1050 points on the MICEX. If the data are negative, then the market will revert to the level of 1030 points, the continuation of a significant reduction in the United States could send the market to 1000 points. I recommend selling speculators bought on the rebound, the medium-term investors to wait for more than recommend a significant reduction and increase its position on the paper.

The index of the Frankfurt Stock Exchange Xetra DAX rose by 23.94 point, the index of the London Stock Exchange FTSE 100 rose 35.93, paragraph
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Forex - in the European session