Financial News and Economical Crisis

During the last trading session of the index futures on the RTS (RTS-9.09, RIU9) impact of resistance in the region of 97 000 points. Nearest support currently is located in the vicinity of 93 500-94 000 points.

In this situation, we recommend that you open a short positions in the expectation of the resumption of corrective decline. Stop by the short can be above 96 000-97 000 points.

The first objective of reducing in the event of renewed correction is located in the vicinity of 90 000-91 000 points.

Futures on the euro-dollar (ED-9.09, EDU9) in its bid impact on resistance in the area of 1.42. The immediate objective of reducing - 1.4, then 1.38. We recommend opening short position with the foot above 1.42.

Futures on the dollar-ruble (Si-9.09, SiU9) reflected on the support of 31 600-31 650, further movement in the range 31 600-31 800. Off with the foot below the 31 600, or shorts with the foot above 31 800.

Futures oil varieties Brent (BR-7.09, BRN9) yesterday turned down in the vicinity of $ 71. Currently, futures traded near $ 68, which makes it possible to increase the speculative games with the foot below $ 68. The next goal is to reduce the area of $ 66. Stop by strategic short recommend that you place above $ 73.

According to futures on gold (GOLD-9.09, GDU9) suggest that the sale with the foot higher than $ 950-960. In the case of games from shopping stop on the Long can be placed below $ 920-925.

Europe vs. United States
Review of the FOREX market for 01.07.09
Yesterday, a pair of Euro /dollar rose in the U.S. session to 1.4199
European companies are increasingly using bonds as a funding source
Victor Lozinsky prepared surrender
The ECB will keep rates unchanged, will have to consider other measures
Will any other loan?
The continued drift of the oil and gas sector in the paper does not allow for successful restoration of Russian market
The potential for reducing the cost of the shares of Sberbank is about 6.7% to 36.8 rubles