OANDA:XAUUSD   Gold Spot / U.S. Dollar

We expect the opening of the Moscow Stock Exchange index with a moderate increase in the range of 0.2-0.6%, in the range of 2730-2740 p. The levels of 2720, 2710 p will act as immediate support. Significant resistance will be the levels of 2750, 2760 p.

In the first minutes of trading, the MosBirzhi index will win back a moderate morning improvement in the external background. Later it will go into a state of consolidation awaiting the decision of the Central Bank of the Russian Federation on the key rate level (13.30 Moscow time) and subsequent comments on this issue (15.00 Moscow time).

A significant output for the local stock market of foreign statistics is not expected today. Therefore, in the afternoon, the dynamics of oil futures will remain a key external reference for Russian bidders.
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