World stock markets finished mixed yesterday
The world’s major stock indexes closed on Tuesday in different European were mostly up, and U.S. decreased. This ambiguous background, the Russian market has shown moderate growth. At the end of the day the ruble Mosberg index added 0.26% and the dollar-denominated RTS index on the background of the decline of the ruble against the dollar rose slightly less 0.16%. Among leaders of growth “Tape” (+4,32%) and Safmar (+2.9 percent). The Dow 30 fell at the same 0.3%. In the morning of Wednesday the indices of the Asia Pacific countries together grew by 0.5% to 0.9%.
Futures on the S&P 500 index traded in the morning at around 2880 p., 0.44% above levels of closing of the previous trading day. Growing oil in the morning and Asian markets set favorable enough external background before opening the Russian stock market, which will begin trading session higher. Likely day the corridor index Mosberg is in the range of values 2505-2555 points, RTS index — 1205-1230 points. Today, the financial statements for the previous year will publish AFK “System”.
And the ruble, despite an increase in oil prices, on the eve of moderately decreased. Market Davila caution of foreign investors in government bonds after the information on preparing new sanctions. At the end of the day on Masuria, the dollar calculations “tomorrow” rose to 65,2975 RUB (+12,5 COP.), and the European currency has grown to RUB 73,1600 (+8,5 COP.). However, today may outweigh the growth factor of oil to multi-month highs and the rouble has chances to become stronger. The expected daily range for the dollar is 64.6-66,0 RUB, for the European currency was 72.4 73.9 per RUB.
Tuesday oil prices made a small, but still growth, once again updating the highs from the first half of November last year. Bidding began at $69.1 per barrel for Brent crude, the morning session prices were sideways, after lunch decreased to $68,6. But from this point they turned around and steadily grew until the end of the day, reaching it a total of $69,3.
Growth drivers were record voluntary reduction of extraction of raw materials in Saudi Arabia, which significantly exceeds the plans of OPEC, as production cuts in Brazil and Venezuela. Released late in the evening a report of the American petroleum Institute showed a rise in crude oil inventories of 3.0 million barrels for the week, after rising 1.9 million barrels a week earlier. In the morning of Wednesday oil continued to grow moderately, reaching a new high since November at $69,6 per barrel. Likely daily range for today’s trading, Brent crude is $68.8 and 70.2 per barrel.
The medium range which is defined by the closest significant support levels and resistance remains between $65,9 is 77.9. In the beginning of the American session, the energy information Administration of the USA will publish data on reserves of oil. It is expected that during the week they fell by 1.2 million barrels after rising by 2.8 million a week earlier.
Senior analyst at information-analytical center,