Analysts ' comments (may 4, 2016, today)
Review and forecast on the current situation on the market mid-day on may 4.
By the middle of the trading day the main Russian stock indices MICEX and RTS strongly decreased relative to the levels of the previous closing. The local market reacted natural drawdown during the beginning of current week falling of cost of
By 1510 GMT, the MICEX index fell by 228% to 190847 PT. and RTS 431% to 91014 PT. By the middle of day the Russian market was trading lower on Wednesday. The strong correction in oil led to a rise in negative sentiment which affected the ruble. However, after eleven weeks of continuous strengthening of such dynamics should not be surprising.
In this regard
The Russian market wins back the outer film
Russian stock indexes came back from the holiday weekend picking up
negative dynamics of external sites. This week, global investors
again gripped by anxiety about the state of the world economy that
accompanied by a reluctance to take risks. Their contribution makes the current correction
Brent crude oil after
May can be a difficult month for oil and the ruble
Russian ruble on Wednesday, retreats to a basket of currencies. For the domestic market today's trading on the first day of this shortened week today investors work off all the accumulated signals news and market rumors. The US dollar to date, give 6637 RUB +27%. The Euro is worth
Recent news on the U.S. note for example that began shipping LNG to Asia Europe and South America. Regulatory authorities of the state of Tennessee ceased operations Trust Company Bank is the second Bank of America closed from the beginning of 2016. the President extended for one year sanctions against Syria earlier decree on the extension of sanctions expires may 11. Our exchanges after the long weekend today
On Tuesday, following the auction, the exchange rate EUR / USD closed lower. In the first half of the day, the U.S. dollar weakened against most major currencies except the commodity. The pair EURUSD has risen to 11615 amid falling European stock markets and growth
After the long weekend auctions on the Russian share market have begun with decrease of main indexes, which played a fall in the price of Brent crude since the end of last week by 6%. Moreover, due to the sharp weakening of the ruble, which from the beginning of trading currency fell against the dollar on 174 6637 RUB RUB to USD. the RTS index lost 39% down to the level of 914 points. In
The United States is not able to create serious competition in the LNG market
The Russian stock market on Wednesday opened lower. To date, the leading stock indexes are retreating in average by 02% in the morning of the sale above NLMK and RusHydro. In the green zone traded shares of FGC UES and Russian grids.
Oil prices principal reference varieties are under pressure from the opening weeks after Iran and Iraq recorded the production growth in April, laid to devalue the price expectations of production cuts in the United States.
Futures contracts on the European Brent crude oil with a term expiration in July on the ICE futures exchange in London, at 11.30 a.m. Moscow time on may 4 with the beginning of the week lost 45%
Trading on the Russian markets after the long weekend started in the red. MICEX since lost 071% to 193914 points, RTS has fallen from 313% and is now trading in the area 92131 points. The catalyst for the fall was a correction in oil prices which, from the recent 48+ dollars a barrel of Brent fell below 45. However, it is also important to understand that the trading volumes are low and
Wednesday's trading on the Russian market has opened after a long weekend of moderate decline in major stock indexes followed cheapened oil.
The MICEX index this morning was down 02% to 1 950 points, the RTS index slipped by 24% to 928 points. The rise of the dollar against the ruble causes a lower decrease in ruble-denominated MICEX index compared with the dollar-denominated RTS.
Information Agency Finam.ru included in the Group FINAM interviewedusers of the portal Finam.EN and economic experts and learned their expectations on the value of the dollar against the ruble at the end of spring. Analysts and investors predict that by early summer the dollar will give about 70 rubles.
The ruble will weaken against the background of falling oil prices
On Friday at the end of the trading session on the Moscow exchange, the dollar calculations tomorrow has decreased by 890 COP. -014% to RUB 6463 the Euro 5950 COP. -081% to RUB 7401
The Central Bank of Russia from April 30 lowered the official exchange rate of the U.S. dollar 7799 kopecks to RUB 643334 Official
In April was the weakening of the U.S. dollar against world currencies rising energy prices and the strengthening of the ruble. The Russian stock market has grown rapidly in the past month. April will be remembered by new historical records for the MICEX index. 21 APR indicator ruble has updated the historical maximum and reached 197669 points. The previous record was held since late 2007. In
The MICEX index today will be corrected in the area of 1920 p.
At the end of trading on Tuesday 03 may, the index of wide spectrum of U.S. stocks SampP-500 closed near the same price levels as in Friday April 29. Similar dynamics also showed the Dow Jones and Nasdaq-100. Now they gradually moving away from its monthly price highs but in order
The MICEX index fell from 196726 to 195305 PT. as RTS increased from 93146 to 95111 PT. The EURUSD has appreciated by almost 2% to $1148 USD / RUB fell from 6463 to 66455 and EURRUB to 74726 with 74013. Brent crude rose by more than $2 and has risen above $473 per barrel. The American broad market index SampP 500 fell 209158 to 206530.
New week the Russian market will be
The dollar may rise above the level 66 RUB
Before leaving on holidays in may, the ruble began to signal loss
the growth momentum although trading on Friday, the currency completed under the mark 65 in
together with the dollar. While the ruble celebrated oil diligently
has been pulling back and not being able to get to a noticeable level
$50барр. according to Brent. It promises
On the last day of the week the Russian stock market ended trading on
a negative note is influenced by weak data on the US GDP which had
pressure on investor sentiment which led to the decrease
world stock indices. Trade participants in Russia are also partially
closed position due to the long Easter weekend.
The leaders among the reduced in the price of securities
The RTS index main session 951.11 -1.38% the MICEX index 1953.05 -0.85%
On Friday morning in the market have continued to improve but later quotations of highly liquid securities was turned down by following the energy prices. In the end the advantage remained Rosneft ROSN +2.7% FGC UES FEES +2.4% Gazprom GAZP +2.3% Aeroflot AFLT +1.9%. The
External background before opening of trading in Russia can be described as negative.
We expect the market to open with a significant decrease of about 1-1.5% on the MICEX index in the area 1925-1935 p. Immediate significant supports will be the levels 1900 1910 p. as resistance will act 1950 1970 mark p.
Trading environment on the domestic stock market will likely start to reduce which will contribute to the negative external background of falling oil prices
The results of Friday and the MICEX index lost 085% 1953 item. Trading activity is updated within the week.
The us stock market closed the last day in the red SampP 500 -087% 2063 points. The sales contributed to
The bears will go on the attack
In late April the bears were on the original boundaries for the attack today, the attack will begin. The expected open down the MSCI Russia Capped index ERUS located on a ten-day minimum. While we rested, the index had fallen for two days in a row yesterday on 287%.
The state of the Russian economy will not allow to move stock
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