Oleg Steps from the company’s “solid” believes that the key negative factor for the Russian market is the decline in oil prices. The dollar will remain until the evening under the level 65,50 of the ruble, says Vladislav Antonov from Alpari.
MOSCOW, 12 Nov. Elena Likova. The share market of the Russian Federation and the rouble will decrease against the background of falling oil prices Brent crude below $ 46 per barrel, analysts say.
The opening of the Russian share market on Thursday is expected with the decrease of the RTS index and in the region of 1735 points on the MICEX index, says Oleg Steps from “solid”.
“The key negative factor for the Russian market is the decline in oil prices, in case of continuation of the selling pressure on the domestic stock market may increase. However, it is worth noting that in anticipation of the upcoming expiry of the December oil futures Brent and output data to change the oil and drilling activity in the U.S. the volatility of the quotations of the nearest oil futures contract will be increased,” he commented.
Evening if data on oil reserves in the U.S. from the Ministry of energy would fall below the estimates of the American petroleum Institute (i.e., inventories for last week will rise by less than 6.3 million barrels), the price of Brent crude oil could rise above $ 48 a barrel (and the dollar to decline to 64.5 rubles), says Sergey Kochergin of the company Exness.
High 65,52 ruble from October 28, 2015 is the resistance level for the dollar customers, and that means the dollar will remain until the evening under the level 65,50 of the ruble, says Vladislav Antonov from Alpari.
External factors
U.S. stock indices ended the trading environment in the red zone on the background of corporate news.
All the indexes have decreased on 0,32%. In the end, the Dow Jones industrial average amounted to 17702,22 point, high-tech NASDAQ — 5067,02 points, the index of wide market S&P 500 2075 points.
Stock futures USA with the morning increased by 0.22-0.3 percent. Asia stocks traded mixed: Japanese Nikkei 225 rising by 0.03%, the Australian S&P/ASX 200 — 0.06%, Hong Kong Hang Seng declining by 0.28%, the Shanghai SSE Composite index is 0.51%, Singapore Straits Times index — on 0,72%.
The price of oil hovers around to 45,92 USD per barrel mark Brent. The Euro is 1,0757 1,0741 of the dollar against the dollar at the previous auction.
The results of the previous auctions on the Russian market
The Russian stock market on Wednesday declined amid weakening of the ruble, low oil prices and absence of growth drivers.
The MICEX index to closing has decreased on 0,37% — to 1740,56 points, RTS index — on 0,98% — to 845,72 item.
The dollar calculations “tomorrow” on the basis of currency trading environment has increased by 86 cents to 65,42 ruble, the Euro by 1.1 ruble — to 70.3 ruble, follows from the data of the Moscow exchange.
