The Russian stock market opened Monday shopping

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The Russian stock market opened Monday shopping. To date, the leading stock indices added on average 0.6%. In the morning on demand attract the attention of the action “Akron” and “Polymetal”. Pressure hold the paper “Peak” and “TGC-1”.
The external background to today’s trading has developed moderate. American markets ended Friday’s session a slight decline, the index futures S&P falls sharply in premarket trading. Oil prices holding up in positive territory. Brent crude oil stabilized at the expense of correction of the American dollar and is now $64,56 (+0,3%).
On Monday, the Euro/dollar after a pause returned to decrease. The main morning trades are around 1,2290 (-0,25%). Investors have already factored in the price of potential risks after the introduction of Donald trump import duties on steel and aluminum and have switched to daily.
Russian rouble opens next auction Mar marked weakening in a basket of currencies. For the U.S. dollar in the first hour of trading give 57,17 rubles (+0,6%). The us currency returns to attempt to break the important resistance at 57,25 RUB, which will allow it to continue to rise. The US dollar will potorguemsya today in the range of 57.00-57,55, the Euro in the range of 70.00-70,85 RUB.
Index Mosuri will meet Monday in the range 2280-2315 points.
Oil prices drop despite news of the suspension of production in Libya at the Sharara field, where the raw materials were sent by pipeline to refineries in the city of Zawiya. Reason for ceasing production is not yet named, but soon the situation becomes clearer.
The market reaction is weak due to the fact that oil production in Libya is at low levels. So, as of March 1, the country produced 1.1 million barrels per day, of which the Sharara field had 300 thousand barrels.
The day will begin its annual energy conference CERAWeek in Houston, in which OPEC will meet with companies producing shale oil. The event will last all week. Statements, which will come from the event, may affect the volatility of the oil market.
In the Russian market during the day of the extraordinary General meeting of shareholders will hold the NCSP. A meeting of the Board of Directors will hold Gazprom, NLMK and “LUKOIL”. Statements in accordance with IFRS for the year 2017 published “Children’s world”. Revenue increased by 21.9% to 97 billion rubles compared with the year 2016. Action “Children’s world” grow by 2.6%.
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Alexander Razuvayev,
The Director of analytical Department,
Alpari