Financial News and Economical Crisis

Market on Tuesday was not a single dynamics: apparently, after a good move in the previous week, as always, begins with a cooling and a shift in the slack side views. Although, of course, to talk about that starts Bokovikov, somewhat too early. However, the outcome of the day changes the indices and securities were very low and the market, mainly'd play some ideas - the more that goes news failed to significantly shift the quotes. Although the statistics came out moderately negative: Bank of New York reported a net loss for the III quarter of 2009 amounting to $ 2.46 billion (compared with a profit of $ 410 million for the same period in 2008). In addition, the U.S. producer prices unexpectedly fell, indicating the continuing threat of inflation (however, and promises to preserve the current ultra-low Fed rates).

As a result, the market'd play some ideas, chief among which, of course, was the story around the telecommunications market: it was announced that the restructuring of Svyazinvest completed in May 2011, and will it be in the form of accession to the regional telecommunications company JSC Rostelecom. And after the merger, as stated, … activities are planned to improve the liquidity of shares of the combined company, including through a listing on the Russian and foreign exchanges. This information is in the medium term could support quotes Rostelecom and Uralsvyazinform - but we note that a significant increase on them there for a long time, have increased dramatically on Friday and Monday and ending large-scale profit-taking yesterday.

It is obvious that the news was played in advance, and all who need it, everyone knew ahead of time. In general, the telecommunications sector has long deserved the title of most insider, but for those speculators who trade based on technical analysis, insiders only make the price more informative - and nothing more. Be that as it may, let us hope that the reform will give us new liquidity, and stretching MRK still continue to rise.

In addition, we have drawn the attention of this story those investors who hold securities of MTS: the emergence of the national telecom operator, on the basis of Rostelecom and MRCs, in assets that have both mobile and create a tangible competitive operators of the Big Three. Given that this competition will be part of the company with state participation, independent mobile operators will have hard times.

As for other securities, it may be noted here closed in slight increase stocks of Norilsk Nickel - if they break through the resistance level of 4200, it will lead to significant further growth.

Today:

Leading global markets declined on Tuesday: German DAX -0,70%, Britain's FTSE -0,72%, DJIA -0,50%. Asian markets this morning, slightly reduced, while Japanese Nikkei225 shows -0,02%. Futures on the S P500 decreased by -0.06. Pair EUR /USD is in the € /$ 1,4935, and USD /JPY - in $ /#165; 90.69. Gold is worth $ 1.056,41 per troy ounce, silver - $ 17.44 per troy ounce, copper - $ 6,428, and nickel - $ 18,800 per metric ton. The yield on UST-2 0,92; for UST-10 3,33.

Oil prices over the last 24 hours were down $ 1.18 to $ 78.02 per barrel varieties Brent. Futures RIZ9 the night session was closed at 143.580 points (-0.67%).

So, today we are waiting for multi-directional changes in stock quotations.

MICEX (Daily)

Rate for the dollar has risen - a morning review of cash markets
Gas will miss thecurrent
OPEC: $ 80 - a bust
Ukraine is making the right to Iraqi oil

begins a new race in the race for Iraqi oil …

Share indexes of Asia decrease because of falling commodity prices, data on the housing market in the U.S.
Indices in the United States fell on Tuesday on the background of weak statistics, lower oil prices
Dollar exchange rate against the euro rises 2-th session in a row because of declining appetite for risk
In anticipation of the November summit of the Greater Twenties negative pressure on the U.S. currency may fall
The worst of the market today may look representatives of the steel segment