analysts on Friday, August 21

Analysts Baltic Financial Agency

further advance of Russian index up may be difficult. In our view, the reduction of quotations at the beginning of this week brought an end to short-term rising trend that had developed since mid-July, and now the market chooses a direction for further movement. Under these conditions, a marked weakness of bulls in recent days showed no benefit in growth. A more optimistic on the prospects for Russia's indexes can be viewed, perhaps, only in the case will resume systematic rise in oil prices. Today, oil futures, however, are moving down, and yesterday's rise in the United States fully compensated differently (and worsening the course of the session) on the dynamics of Asian stock markets. Therefore, we expect that this morning the Russian market will continue to mark the lateral movement of about 1 050 items on the MICEX index

Today, investors in the United States will be in anticipation of the publication of data on the secondary housing market, as well as of my head of the U.S. Federal Reserve B. Bernanke. To forecast the direction of traffic on the American market is still not easy. We still hold the thought of maintaining traffic on the market within a broad price range with a pronounced tendency

Analysts IR Grandis Capital

The Russian market yesterday seriously added - thanks to rising oil prices and optimistic spirit in the European and American markets. But today's news from China (Bank of China ordered banks are excluded from its subordinated and hybrid capital loans of other banks), as well as a number of weak corporate reporting can make a difference. It seems that today the Russian market may resume a fixed income. Posts to tighten monetary policy (and today will be the head of the Fed and Bernanke) can cool the ardor of speculators and lead to the withdrawal of funds from the most risky assets. Macroeconomic data for Russia, which were published yesterday, were disappointing, which has passed unnoticed for market participants (out of habit), but sooner or later must be taken into account in prices.

Anna Divinskaya, chief analyst of bank ГЛОБЭКС

Today morning external background demonstrates the change of investor sentiment as the stock or commodity markets. The preponderance of negative externalities drivers will be sufficient reason for the resumption of the negative dynamics and on the Russian stock market at least before the opening of Wall Street. So, after yesterday's temperate positive dynamics on the closure of major U.S. indexes today prevail negative dynamics of futures on major U.S. indices, which showed the alertness of investors in advance of the speech, the U.S. Fed Heads Ben Bernanke at the Fed Economic Symposium in Kansas. The Russian stock market is expected to divergent dynamics of the most liquid securities, but the dominance of the moderate majority of the negative dynamics of papers later afternoon. Lack of incentives for growth - the reason for the smooth sliding down the main Russian indexes. Continuing to the dynamics of the forecast traffic on the main indices of the current week with the expectation of today's move towards the lower limit of the range (fluctuation index MICEX 1080 - 990 items, RTS index - 1060-960 points).

Asian markets today are for the most part to negative territory, with the exception of China
The last sip of summer
Macroeconomic indicators, published on Thursday, once again proved controversial
GDP of 30 countries belonging to OECD, almost ceased to fall
From 14 to 21 August in the primary market of Kiev real estate prices for one-room apartments remained at 14.5 thousand hryvnia per square. m
The dollar and euro in price in Ukraine continue
Made in Ukraine, but Ukrainian

Alexander Sokolovskiy: legproma main problem - the lack of uniform rules of the game ...

Worse than the market today, shares of Russian power seemed
Due to the weak U.S. dollar /ruble can go down to 31,30-31,50 to the beginning of next week