Russia stock market finished the week on a positive note, the RTS index added 0.88% to 1,473.81 and the MICEX index 0.92% to 1,419.42. Having played at the opening of external negative in the day European sites have started to give signals turn the market, but the main reason for this has served the American statistics. Data on U.S. GDP, the world"s leading powers, exceeded all optimistic expectations, and followed a little later statistics, which were better than forecasts appear indexes of business activity and consumer confidence, increased purchases. The main drivers of growth were made of paper Gazprom and Lukoil, now joined by shares of Sberbank and VTB. Steelmakers on Friday to slow down, mainly by closing down due to the buckling of metals prices willing to commit to these papers turned out to be the majority because they do not forget that the last time, these papers were in the center of shopping, so it"s easy correction of them does not hurt. European stock markets finished the day in positive territory. Macroeconomic data for the whole region have been mixed, so the index of consumer confidence in Britain has shown positive dynamics. At the same time, data on unemployment while being slightly better predictive values, but in general remain at a fairly high level. Statistic data from the United States destroyed the beginnings of the negative, allowing markets to end the day in positive territory. Moreover, their contribution has made an impressive record company Infineon Technologies, as well as the optimistic forecasts BMW and Henkel. Supported by mining stocks and energy companies, commodity platforms.

Meanwhile, the American share platforms were unable to remain in positive zone on the basis of the day. Investors initially was encouraged by the strong statistic data, in further preferred to be fixed. The reason for this was weak results and disappointing forecasts. Disappointed bidders with the results, companies such as Chevron and Sandisk Corp. Microsoft pleased with their results, but weak sales of products for business users promise grim prospects that immediately found a response in the markets. In addition, investors paid attention to the situation on the currency market, where the dollar under the influence of positive data has grown to the euro.

At the Asian markets today mainly pessimism reigned. Results of U.S. Trade - one of the reasons for that. In addition, the next step the Chinese Government has been negatively perceived by markets, this time it was decided to reduce excess production capacity. Besides purchasing managers index in China indicates a slowdown in production. Corporate news also had a negative pressure on the paper, because Toshiba Corp. sharply worsened his prognosis, and Honda Motor Co withdrew its cars. Commodity prices also not inspired investors.

Russia stock market is waiting for the opening of the movement down, and the MICEX index will test support around 1400. At the end of the week a number of markets had gone below their supports, so today could attract the attention of pair EUR /USD, which is located in the area of support to 1,387. If this level is passed, then the probability is high that we find ourselves at the bottom, and the MICEX index may go to 1390.

Today, continued decline of commodity stocks, the market can look better "telecom"
Technical analysis of oil prices, U.S. index and a pair of euro-dollar - all spoke in support of domestic "Bears"
In 2009, the company reduced shipments of ChTPZ pipe production by 23% to 1.131 million tons
Sberbank intends to acquire 60% stake in manufacturer"s packaging GOTEK
LUKoil signed a contract to develop West Qurna-2 in Iraq
Net profit of "Gazprom" for 9 months of 2009 under IFRS was reduced by 33% and amounted to 470 874 million rubles
On Friday, the U.S. stock market dominated by pessimism
The U.S. dollar continued to strengthen steadily against the European and "commodity" currencies
Review of the FOREX market for 29.01.10