The long-awaited Friday statistics on U.S. GDP showed that the recession in leading the world economy has proved better than the forecasts, however, despite this, it is still coming to an end, and felt in the economy recovery. The U.S. indices finished a week weak growth. Today's trading in Asia, held with great optimism: MSCI Asia Pacific is growing at 0.5% against the backdrop of the positive statements of Japanese banks, as well as growth in industrial production in China. The commodity market looks strong. Quotations of petroleum being held above $ 70 a barrel. Apparently, the start of a new week will be positive for domestic sites. After the 1060 section of the MICEX index, a direct road to the 1150 Point

The end of a record U.S. debt placements removed tension from the markets and allow investors to focus on emerging makrostatistike. As it turned out, the recession in the United States was greater than the projections: the importance of the revised GDP in the first quarter was 6.4%, not 5.1%. Meanwhile, the pace of economic decline during the second quarter were less than the forecast: 1% against expectations of a decrease of 1.5%, which gives hope for the speedy recovery of the country's GDP. However, a more positive picture of the current situation in the U.S. economy has been marred by weak data on consumption, which fell by 1.2% in the second quarter compared with a decline to 0.6% in the first quarter. Chicago PMI index showed a slight improvement in the manufacturing sector in the region: its value was 43.4 to Clause 39 section a month earlier, that is encouraging about the current state of the industrial sector of the economy in general. As can be seen, public support has not yet been able to breathe life into the American consumer, and allowed only to stabilize the situation in production, a full recovery which is unthinkable outside the context of growth in consumer spending, responsible for 2 /3 of the country's GDP. In addition, a very weak labor market will continue to put pressure on the Americans' consumer spending, hindering the country's economic recovery. It was expected that the end of the year, unemployment in the country will exceed 10.5%. Data on employment in the United States will be this Friday and possibly be the reason for playing down at the end of the week. Mixed statistics received from the States did not allow the American indexes show any significant achievements: Dow gained 0,19%, SP - 0,07%. Corporate statistics, released on Friday did not have a significant impact on the balance of power in the market: companies Chevron, Total, Eni - all noted a reduction in profits because of falling prices and production.

Today in Asia are trading at much more positive. The reason is reporting the largest Japanese bank Mitsubishi UFG, which finally went into profit, as well as industrial production growth in China. It is reported that against the backdrop of record-credit lending ($ 585 billion) in the index promproizvodstva Celestial rose to the maximum with the beginning of the year (paragraph 52.8). The growth of the Chinese promproizvodstva cause for optimism regarding the restoration of the region's economy and stimulate speculative demand for the commodity assets. In the view of most economists prices will continue to grow and in 2010, supported this time the real demand from the emerging global economy.

Against the backdrop of the growing Asian markets and quotations of oil, well-established above $ 70 a barrel, Russia is likely to overcome the line today in the 1060 section of the MICEX index and rush to a new purpose in section 1150 support the market today can provide information from abroad: Today is the index promproizvodstva in the U.S., which seems to restore the regional indexes PMI, should show a further slowdown in the pace of decline of production activity. Also, in the context of a gradual recovery in demand for housing, may be positive, and data on construction costs.

Of the sectors that can support today's growth is to provide banks, as well as metallurgy (MMK, Severstal).

news background is a nice round of Gazprom, which is against the influx of speculative capital into the Russian market can take its share in the favorites among the papers of oil and gas sector. It seems that the company was able to overcome the crisis and, after the fall of vast consumption in the European market (39% in the first quarter), demand in the most lucrative segments of the proceeds of gas monopoly is beginning to rise: 7.6% in the first quarter, which had not previously been observed by for the failure of seasonal consumption. Apparently, on a background of improving the situation with demand in Europe, increases in energy prices, as well as cost reductions, Gazprom will be able to reach the end of the year to minimize the difference in earnings compared with last year to 10-15%. So far, Gazprom has just announced an increase in net profit for RSA - up to 136 billion rubles. in the II quarter (3.6% by 2008 and four times more than I block).

Positive news coming from the electricity sector: despite promproizvodstva decline and fall of energy in the country, energy to complete the first half of the record industry profits. The reason for this is the down growth of tariffs for gas, thus, the generators were able to offset falling revenue from reducing energy consumption. On the basis of reporting, 14 of the 28 largest producers of electricity from the combined profits amounted to 25.2 billion rubles., Against 9.3 billion rubles. a year earlier. Despite further tariff increases for natural gas industry in 2009 will conclude with a profit and, moreover, with a cushion of liquidity, which would allow generators to feel confident in the market of loans and financing investprogramm.

By the end of the week we looked forward to a great array makrostatistiki. Output on Tuesday of expenditures and income of Americans, according tothe component of consumption in the GDP report for the U.S., may lead to local fixed income. There will be data on the ISM index of services in the United States and data on retail sales in the euro area. There will be meetings of the Bank of England and the ECB: the focus will be riveted on the liquidity. If the heads of central banks will continue to adhere to a policy of quantitative mitigate the balance of power (money) in the financial markets did not undergo changes that can give a new impetus for growth. Although it should be noted that at the end of the week may Nazareth correction: optimism about the economic recovery come across statistics on the labor market in the United States, which is unlikely to please the investors.

The level of resistance for the fixed-term contract on RTS index today - 102 of 800 items
Today, the bidders will wait for data on manufacturing ISM index in the United States
The volume of trades in the market shares of the MICEX Stock Exchange on Friday amounted to 110.16 billion rubles
Today, support for the bulls will have grown oil that will nominate the leaders in the oil and gas sector growth
The Bank may give the bank Revival credit on the $ 35 million to finance small and medium business
Review of the FOREX market for 31.07.09
Oil prices mark WTI for the morning of Monday more than an important milestone in the $ 70/barr.
European stock platform on Friday slightly adjust
7 NBU allowed banks to return within 7 years of prior enlisted loans refinancing