Rus News Journal

Quarterly accounts of the American companies will support the Russian indexes

Anton Safonov, an analyst of Investment cafe

On Thursday, on July, 19th, dynamics of share indexes was positive, though in connection with negative statistics from the USA in last hour the auctions bulls the positions have essentially handed over. Thanks to the growing prices for oil the Russian market showed quite good dynamics, and then its growth has been supported by positive opening on the European platforms. However in process of a statistics exit in Europe and the USA dynamics worsened. Trading day will be on July, 20th quiet enough.

Last drop on the eve of a steel the data on sales of existing houses in the USA for June which have appeared much worse the forecast. A similar situation and with an index of business activity in manufacturing industry FRB of Philadelphia, and with an index of advancing indicators Conference board for June. Such statistics testifies that negative tendencies in the American economy are still strong enough, but it can is hardly strong frighten participants of the market as all remember words of head FRS the USA Ben Bernanke that the regulator is ready to accept drastic measures in case of position deterioration. Yesterday Dow Jones has grown on 0,27 %, S & P500 - on 0,27 %, and NASDAQ Composite - on 0,79 %.

Today day will be quiet as for growth or falling is not present distinct signals. Share Asia has opened raznonapravlenno, mainly in to a red zone however oil quotations are at high level - about $107,5 for barrel Brent, mood of the market neutral. Placing of bonds of Spain which has passed in whole not bad though profitableness border in 7 % all is closer yesterday has taken place. Besides, it became known that the Bundestag, predictably, has approved the help for the Spanish banks, and it also brings some positive.

From corporate events the meeting of board of directors OGK - 3 today is expected. Economic Council session Also will take place at the president of the Russian Federation, but it usually does not render influence on dynamics of the Russian market.

At 10:00 it is necessary to pay attention to statistics from Germany where there is a price index of manufacturers. Decrease in indicators on 0,2 % in June by a month Here is expected, and year by a year under forecasts they will fall to 1,8 %. At 12:30 the data on pure loan of public sector in Great Britain becomes known. The Eurogroup meeting at 14:15 will take place.

it is not expected the important information More, therefore the course of the auctions will depend on these news and from quarterly accounts of the American companies. In this connection the Russian market can open decrease around 0,1 - 0,3 %, but the growing trend during the day will be kept.