External background moderately positive for the market of Russia, America closed growth, Asia is traded mostly up

Following the first trading session of the week Russia's stock market has experienced steady growth. RTS index added 1,75%. The MICEX index rose by 3.66%. Trading activity is moderately decreased compared with Friday, continuing a decline fourth consecutive session.

In the morning, the MICEX Index experienced reduced to 1320 points, which was found in support. The rest of the auction market has grown steadily, reaching close to the area in 1365 points.

Thus, the market continued fluctuations in the range of 1310-1370 points, which suggests the possibility of another leap up to 1400-1450 points on the MICEX.

Trades Tuesday presumably opens in a moderately positive zone. Better the market probably will feel against the backdrop of oil and gas companies continued to rise in commodity prices.

The main resistance for today - 1370-1380, then 1400 points on the MICEX index. Key support level - 1300-1320 points.

U.S. stock indices closed in positive territory Monday. The main reason for shopping emit positive expectations for corporate accountability for the third quarter.

It is worth noting that the Fed began to consider measures to curb excess liquidity in financial markets that are still perceived as a positive. The logic in this case is as follows - measures to curb liquidity are used in a cycle of economic growth, so now the growth cycle. In our opinion, the imminent tightening of monetary policy may well lead to another wave of falling world financial markets.

At the auctions in Asia, growth continues. Quotes pushes up an accountability Apple, positive expectations for quarterly results Komatsu. Apple received $ 1.82 in earnings per share, analysts predicted $ 1.43. Sales totaled $ 9.87 billion, while the forecast was $ 9.22 billion

In the Asian session is also worth paying attention to the minutes of the October meeting of the central bank of Australia, which refers to the folly of low rates when the threat of increased inflationary pressures. Another signal in favor of the cycle of tightening monetary policy in the world.

on the SP 500 Futures traded at around 1,100 points. The next goal is the growth in the 1120-1130 points. Main support - 1080 points.

Futures on the RTS during the evening trading session reached a 144 500-145 000 points. Should the external positive now possible to test 146 000-147 000 points. Support - 142 500-143 000 points.

Within days the market can affect the data on the construction of new homes, Producer Price Index in the U.S. (16.30 Moscow time).

moderately positive external background. America to close a moderate rise, oil and gas sector is moderately better than the market, the financial sector at the market. Asia traded mostly up.

The final recommendations:

Investors - cut position ;

speculators - sell short.

The dollar went down

If the National Bank will not start buying the dollar on the interbank market, its rate may decrease …

Forex - results of the day