Steytment Fed and the G 20 - no news - good news!

Today we are witnessing the exact opposite of yesterday's trading, Russia's indices show strong growth. In this important American statistics published today, hardly possible serious traffic until the end of auction. The growth of Russia's stock market provides the depreciation of the dollar and rising oil prices. In fact the U.S. government to combat the crisis have chosen the path of large-scale infusions of cash, rather than the restructuring of key assets and the global financial and economic system. In general, the U.S. managed to maintain confidence in their financial institutions and the dollar, and recovery of stock markets, ie growth of wealth, increase private consumption, which significantly improve the U.S. economy. Furthermore, this policy beneficial to China and Japan, which greatly depend on exports to the United States. This policy is beneficial and Russia, as provides comfortable and oil prices with a lag of 6-9 months for gas.

Attention all market participants is now focused on the Fed and the summit Steytment Twenties. If markets in the moment interpret news as negative, possible significant drawdown, the current optimism may be replaced at considerable pessimism in the stock and commodity markets. However, soon the world is aware of the fact that nothing happened, no news - good news! Subject inflation and tightening monetary policy will clearly be relevant, but only next year. So - the fear again relinquish avarice.

In conclusion, I would like to reiterate its position on the strategic outlook on Russia's stock market. Commodity prices have already reached the pre-crisis level, and the capitalization of Russia's commodity market is still very far from these markers. This is not the financial sector, from our point of view, market participants unnecessarily inflate future profits Russia's banking chips. Accordingly, with high probability, in shares of Sberbank and VTB inflated bubble. In this market there is a good alternative - ROSN, GAZP, LKOH, SNGSP, GMKN, MTSS. C eye on the end of 2010 HYDR, the concentration of the negative on the company reached a maximum, as the wisdom of the market - so worth buying.

Tonight in the market speculation and in the absence of meaningful statistics can grow more
Quotes of domestic securities are approaching a milestone levels of resistance and try to test their strength
The value of the MICEX index surpassed 1,200 points, but the weakened dollar is not allowed to hold the position achieved
KES-Holding in 2009, will direct the realization of the investment project Malachite more than 5 billion rubles
Having failed to break above 1.4725/30 resistance, prices EUR /USD pair started to pickup stroke to a mark 1.4700
Review of the precious metals market for 21.09.09
Pala mark 1.48
Exchange rate of dollars saved without changes - the evening review of cash markets
Criticizes the policy of the Cabinet Secretariat on the market of oil products