On the eve of U.S. stock indexes closed lower in the range of 1-2%, despite reporting a good number of companies. It was caused by yesterday”s macroeconomic statistics in the U.S., demonstrating a marked deterioration in the primary appeals of unemployment and the orders of durables. Reelection B. Bernanke to head the Fed for another term of four years, also helped the markets to reach positive territory.

Asian stock indices exhibit similar dynamics of today - falling by 1-2%.

Oil Yet, despite the slight strengthening of the dollar to the level of 1.3950, the reduction in the SP 500 futures at 0.5%, while trade at the previous close.

We do not recommend to open long positions, at least, before the release of macroeconomic statistics - a 16-30 come out preliminary data on the GDP growth rate for the 4 quarter (forecast 4,6% /K), in 17-45 business index activity of Chicago in January, in the 17-55 index of consumer confidence and the University of Michigan in January (projected 73). In the near future look forward to continuing to strengthen the dollar and lower crude oil and, consequently, the continuation of the correction in our market. Nearest level of support will serve as the 100 - and 200dnevnyaya moving averages at the levels of 1300 and 1200-1225, respectively.

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Banks with foreign capital, capturing market share in almost 50%, up to 2009 suffered a loss of $ 1.3 billion dollars ..


On the paper “Savings Bank” is an important support level of 85 rubles per share, below which will decrease the signal to an active sales
Perhaps, over time the relationship between the dollar and oil will begin to weaken
It is possible that today many of Russia”s paper on the results of the auctions will be able to close in positive territory
From the most active market participants in Russia retains the behavior of oil prices and increased volatility of exchange rates

This entry was posted on Sunday, February 28th, 2010 at 2:14 am.
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