Previous Session

Among Russian indexes finished the decline: -2.49% RTS, MICEX -2.21%. Correction of oil quotations, and bad reporting Morgan Stanley raised in the domestic investors a false sense of danger. Fixing profits rolled across the whole spectrum of securities.

Energy: -1.6% Gazprom, Lukoil -2.96%, -2.2% Rosneft, Surgutneftegaz -2.45%. The banking sector due to weak reporting Morgan Stanley and Wells Fargo also is under pressure: -4.05% Sberbank, VTB -2.43%.

sector of non-ferrous metallurgy: MMC NorNikel -3.57% -3.53% PolyusZoloto.

European indexes finished trading low growth: UK FTSE100 0.28%, German DAX 0.54%.

American session started with a serious Drawdown. However, since the very beginning of the trading, investors have made a successful attempt to win back the reduction. Rising oil prices, as well as positive statements of companies of technological sector, reverse the negative reporting of Morgan Stanley.

banking sector concluded the day in light red -0.16%. Visibly automotive sector managed to add 2.44%, Chemical 0.96%, 0.8% retail sector. The result: DowJones -0.39%, SnP500 -0.05%, Nasdaq 0.53%.

Before opening

Asian session demonstrates positive dynamics: Japanese Nikkei225 0.13%, Chinese Shanghai Composite 0.53%, the Australian Index All Ordinaries 0.03%.

U.S. futures at SnP500 0.33%. Quotes Ruble are now at around 31.13 (Forex). Oil brand Brent 67.4 (0.28%). The pair euro /dollar. traded around 1.42.

Recommendations

We expect a positive opening. Demand in the first half of the day will benefit the paper commodity sector: Gazprom, Lukoil, Rosneft. Speculative possible rebound in the banking sector, where better than the market will look Sberbank. It is necessary to pay attention to the chemical sector, which has prosevshie Paper Uralkaliy able to demonstrate significant growth. Today, investors will once again be riveted to the reporting company.

Report Corporation CIT Group is able to trigger high volatility in bank securities worldwide.

remind that it is a statement of the company on a possible bankruptcy questioned the continued rally in the banking sector. From the statements is interesting to note also: 3M Company, Amazon.com Inc., American Express Company, AT T, Ford Motor, McDonald s Corporation Company, Microsoft, US Airways, Credit Suisse Group.

Macroeconomic indicators: 16:30 Number of applications for unemployment benefits (USA), 18:00-sale on the secondary market (United States). Despite the potential high volatility and uncertainty in the second half of the day, assume that the MICEX index once again the chance to penetrate and secure above the range of 1015-1020 points.

Outside the background before the opening of the Russian sites is neutral: America closed neutral, Asia traded mostly up
Today is the opening bid on the Russian stock market expected to near previous closing levels
During January - June 2009 CMI lowered the cost of tons of steel products by 16%
Consumer Debt Far East generating company for 1 half of 2009 amounted to more than 3 billion rubles
Yesterday at the U.S. stock market dominated by mixed feelings
Latin America: Reporting America Movil and the expectations of reducing the key rate Brazil as the positive factors
Kommersant: Banks have increased attraction of
Kommersant: Remove the restriction on the sale of a 40% stake in BTA Bank
National Bank could not resist hryvnia