The stock market will await the outcome of the negotiations, trump and cadet

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USD/RUB was trending higher on Tuesday rising by 26 cents – 63.33 ruble EUR/RUB 22 kopecks, to 73.98 ruble against the background of statements of the American President Donald trump on a possible Russia’s influence in the upcoming midterm elections in the United States, according to data Libertex. Oils in fire have added and us senators who believe that it is necessary to strengthen the sanctions pressure on Russia.
In the end, the ruble sharply changed direction: if verbal interventions he has appreciated against both currencies on the order of 30 cents, then after that began to lose about 30-40 cents. The price of oil holds above $ 74 per barrel mark Brent on data on stocks from the American petroleum Institute, which showed a larger decline than analysts had expected.
Us stocks on Tuesday mostly grew up in the report. In particular, telecommunications provider Verizon Communications in the first half net profit by 11% to 8,912 billion (annualized). Parent company Google – Google net profit in the first half at about 40% to 12,596 billion dollars. In the end, the Dow Jones industrial has grown on 0,79% – to 25241,94 points, the index high-tech NASDAQ companies symbolically decreased by 0.01% to 7840,77 points, the index of wide market S&P 500 rose by 0.48% to 2820,4 points.
In the morning the newly formed mixed external background: futures on American indices are trading mixed Asian markets are also showing mixed trends, the price of oil traded above $ 74 per barrel. The rising oil prices, the proposal by the Finance Ministry OFZ 35.2 billion rubles, and also the peak Tax period to support the ruble. Today, trump meets with the head of the European Commission Jean-Claude Juncker. In our view, USD/RUB protorguetsya in between the range of 62.9-63.9 ruble. EUR/RUB is likely to potorgovat in the area of 73.3 74.6 per ruble.
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Ivan Marchena,
Analyst
GK Forex Club