The Russian stock market has fallen behind the world sites

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Most of the world’s major stock indices on Wednesday came under pressure. Against this background decreased and the national average. The ruble-denominated index lost Mosuri of 1.00%, the dollar-denominated RTS index on the background of the decline of the ruble against the dollar sagged stronger by 1.85%. Among leaders of decrease – RussNeft (-4,44%) and Safmar (-3,66%). The Dow 30 fell while on 0,13%. Thursday morning the majority of indexes of Asia-Pacific countries decreased by 0.1% and 1.7%. The exception was the Australian ASX, which added 0.6 percent.
Futures on the S&P 500 index was trading in the morning about 2802 p., 0.3% below the closing levels of the previous trading day. A slight adjustment in oil prices and the decline in most Asian pads set of moderately negative external background before opening the Russian stock market. Likely day the corridor index Mosberg is in the range of values 2465-2510 points, RTS index — 1195-1220 points. Today, the financial accounts for the previous year under IFRS will publish QIWI and En+.
Following the stock market on Wednesday fell and the ruble. This contributed to the General nervous situation on the markets of countries with emerging markets, the pressure experienced in the Brazilian real and Turkish Lira. At the end of the day on Masuria, the dollar calculations “tomorrow” rose to 64,8350 RUB (+43,5 COP.), and the European currency has grown to RUB 72,9000 (+31 kopecks). Today, amid the weakness of the commodities market, is expected to further decline of the ruble, although more modest pace.
The expected daily range for the dollar amounts to 64.2-65.5 rubles, the European currency — 72,2-73,6 RUB.
On Wednesday most of the day, oil futures were trading sideways, but in the evening moved to the fall, and finished the day with a small loss. Bidding started at $67.3 per barrel for Brent and the beginning of the American trading session were close to $67,6. Then followed a sharp decline to $66,5, but by the end of the day price partially recovered losses, rising to $67,1. Price growth is constrained by fears that slowing global growth will affect energy demand.
These concerns were heightened after the latest data on manufacturing activity in the U.S., Europe and Asia have pointed to a slowdown in growth. Lower prices in the beginning of the American session was provoked by the output data of the energy information Administration of the United States, which showed a rise in crude stockpiles for the week to 2.8 million barrels instead of the expected experts of 0.3 million barrels. Thursday morning crude oil was trading slightly lower values yesterday evening, close to $67,0 per barrel.
Likely daily range for today’s trading, Brent crude is $66,3 of 67.6 per barrel. The medium range which is defined by the closest significant support levels and resistance was reduced to $65,9 of 67.7.
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Vadim Iosub,
Senior analyst at information-analytical center,
Alpari