On Friday, stock indexes in the United States showed a downward intraday dynamics

On Friday, stock indexes in the United States showed a downward intraday dynamics. Left macroeconomic data, reflected the growth in consumer spending of Americans in July, as households have access to the state program money for jalopy to buy new cars. However, the final value of the index of consumer confidence for August University of Michigan still showed reduced compared with July levels, continuing the retreat of 2 nd month in a row. This has reduced the willingness of investors in buying new shares. Exception was only the technology sector, where better than other companies' shares traded, Intel and Dell after the publication of good quarterly forecasts.

today's trading on Asian markets are in the red zone. The lowest losses were sustained by the Japanese index Nikkei (-0,35%), since the victory of the Democratic Party of Japan, had won a landslide victory in elections, gives investors a chance to hope for positive developments in the economy. Moreover, the latest statistic data so far are not encouraging: retail sales for July showed a decline of -2,5% y /y, which has been running for 11 th month of decline. The most deeply in negative territory today plunged the Chinese stock market: Shanghai Comp -5,5%. Here investors are cynical ridof the shares, believing that the game in the Chinese economic miracle over, because in the coming months, local banks will continue to reduce the volume of lending. Against this backdrop, this morning, futures for the American indexes decrease: SP -0,55%.

Recommendations on RTS Index futures for Monday
Shares of main and distribution companies are the most undervalued from a fundamental point of view
While not expected to significantly reduce, the MICEX index and major papers continue Comma delimited
Negative flow from China adds uncertainty about the long-term trend for reviving the global economy
The worst of the market today can be shares of MMC Norilsk Nickel
In the energy sector the most important news may be a revision of investment programs for energy companies Gazprom
Significant trading ideas the market will get only in the second half of the week
MICEX Index has consistently failed to go above 1100 points, but not in a hurry to fall below
Britain calls on European countries to increase contributions to the IMF