futures banks in the center of attention

On Monday the markets opened with gepom down, but during the trading session played decrease. MICEX index gained 1.1%. RTS Index grew by 0.1% to 835.6 points and futures to it added 1.3%. This spread narrowed to -12 points, indicating a decline in fear of the players. Activities bidders on FORTS has increased, amounting to 53 billion rubles Monday. Lukoil futures traded significantly stronger than the market, adding to the end of the main trading session 3.7%. Bidders continued to build positions in the instrument: the number of open positions for the last trading session increased by 4.6%. Also, bidders have traditionally shown keen interest to the contract on the RTS and Gazprom: the number of positions in them grew by 5.9% and 2.5% respectively.

Contracts Sberbank added 2.2% in the main session and a further 4.2% in the evening. Participants await the start of the season reporting of American banks for the second quarter. Contracts VTB in the main session traded weak on reports on the secondary placement of 90 billion rubles. But in the evening session of the bidders to assure the dynamics of American banks raised quotes futures VTB at 3%. Contracts on the evening of the RTS rose by almost 2%.

On Tuesday the players will wait for data on producer price indices in the U.S. for the month of June. The consensus forecast of analysts are at the level of 0.8%. Also at 16:30 Moscow time data will be published in the volume of retail sales in the United States. It should be noted that reporting Goldman Sachs are also available at this time.

Before the opening of the Russian sites on Tuesday, Asian markets are growing at 2.1%, futures on S P500 added 0.3%, while oil is growing at 0.7%, selling at around $ 60.1. This creates a positive background for the beginning of the trading on Tuesday.

At the auction on Monday, the players quickly enough to deal with panic and was not allowed in the Russian market collapse
The bulls there is hope for the preservation outset in the region of 880-1100 points of index MICEX
Shares of Russian oil and gas industry can now enter one of the leaders
In the afternoon, the bidders will pay attention to the publication statdannyh United States
July will be a good month for investors
The growth of world indices and foreign exchange intervention, the Central Bank indicate a weakening of positions vendors in the Russian market
Today, investors are awaiting release reporting Sberbank for 1 st quarter of 2009
At the end of Monday trading on the market shares of the MICEX Stock Exchange amounted to 100.92 billion rubles
Net profit of Sberbank on IFRS for the 1 st quarter of 2009 fell to 600 million rubles