Russian stock market daily morning report

This morning the trade at Asian markets goes in the “green” zone, futures for the American indices are climbing up. We expect the Russian market to open with a gap upwards. This week the players get the reports of another 100 companies of S&P 500 list (as of today 78% of the 268 companies within S&P 500 reported better than expected), however the main attention will switch from the corporate reports to macroeconomic data and problems of Europe. Friday Employment report of U.S. (unemployment report is expected to be bad) is one of the most expected events. Additionally we expect the following: PMI index of China, UK and Eurozone, some FRB of the U.S., ISM MFG and non mfg on the U.S. and Europe. As for auctions, 10-year bonds of France, Spain and UK are expected. Members of FOMC are expected to make statements: in particular, representative of FED William Dudley, Mario Draghi are holding a press-conference Thursday. Significant risks are introduced by elections in Greece and France. Win of the socialist Olland with his program of tax and state spending raise and change of fiscal pact with Europe means a new conflict with the policy of Merkel, and a way too divided parliament of Greece might make the fractions unable to negotiate about anything.