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Russia’s manufacturing: ‘And yet it moves!’Russia´s manufacturing started 2012 on “weak footing”, as the sector continued to weaken in January and performed the worst since October 2011. A negative start left no room for optimism, with the outlook for the year also being gloomy. 1 Facebook IPO signal to Russian internet companiesThe expected launch of the Facebook IPO will probably give Russian internet companies a good indication if they should follow suit. 2 Russia’s grain exports might be tarriffed since AprilRussia is considering introducing duty on grain exports to make sure there is enough to meet domestic demand and keep prices stable. 3 Wealthy Russians choose abroad for second home New research shows Russians would rather go overseas for a second home than buy an additional apartment or house somewhere in Russia. 4 Oil prices gambleTrying to guess which way the oil price will go is like trying to pin the tail on the donkey.If you believe the Iranian’s, the price will rocket to $150 per barrel if the EU imposes sanctions. 5

RTS index

Last index: 1605.98 on 01.02.2012, 21:21

Last closing: 1599.56

By RTS data

MICEX index

Last index: 1544.86 on 01.02.2012, 21:19

Last closing: 1539.36

Data taken from MICEX

CURRENCY EXCHANGE RATES

USDRUB_TOM	30.2933	0.1034	19:00
EURRUB_TOM	39.7129	-0.1118	19:00
EURUSD_TOM	1.3131	-0.0056	19:00
USDRUB_TOD	30.3522	0.0908	19:00
USDRUB_TOD	39.6755	-0.2087	19:00
EURUSD_TOD	1.3114	-0.0069	19:00

Data taken from MICEX

Blue chips

Issue	BID	ASK	Trade
SBER	92.55	92.7	92.86	1.42 %
GAZP	185.48	185.87	185.39	-0.04 %
VTBR	0.07169	0.07174	0.07172	-0.19 %
ROSN	227.17	227.5	227.1	-0.08 %
GMKN	5879.47	5900.47	5888.07	0.12 %
LKOH	1780.78	1784	1780.49	-0.05 %

By RTS data

Business

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Today: 20:10 Global Markets showed the best year start in 18 years Despite the ongoing financial turmoil, global stocks showed their best January since 1994. And Russian stocks displayed one of the best performances.		Today: 17:37 1 comment Russia joins anti-corruption convention Russia has joined the Convention against bribery of foreign public officials in an effort to provide more transparency in international deals.
Today: 16:25 2 comments Russian former Minister of Finance predicts long-term decline for Euro The negative data from EU makes ex-Russian Finance Minister Alexey Kudrin believe European currency is doomed to a lengthy decline. He also thinks Greece will leave Eurozone.		Today: 16:00 Russia’s manufacturing: ‘And yet it moves!’ Russia´s manufacturing started 2012 on “weak footing”, as the sector continued to weaken in January and performed the worst since October 2011. A negative start left no room for optimism, with the outlook for the year also being gloomy.
Today: 14:35 Grey forecast for Euro 2012 The prospects for the euro zone are as grey as the winter days. The never ending Greek debt crisis, and the pessimism surrounding the Euro have led to a growing mood of apocalypse among some analysts.		Today: 14:01 Gazprom net profit jumps by 40% in 9M 2011 Russian gas major Gazprom has seen a 40% rise in net profit up to $31 billion for the first nine months of 2011 following an increase in exports to Western Europe.
Today: 13:58 Chinese 'gold rush': Country diversifying assets China is the world’s fifth-largest holder of gold and seems to be in the market for more. Analysts believe Beijing snapped up around 500 tons of gold in 2011, double what it bought in 2010.		Today: 09:52 Market Buzz: Bearish US market may push Russian stocks down Russian market growth may prove sensitive to yesterday’s bearish trend and negative macro statistics from the US.
31.01, 20:47 6 comments Oil prices gamble Trying to guess which way the oil price will go is like trying to pin the tail on the donkey.If you believe the Iranian’s, the price will rocket to $150 per barrel if the EU imposes sanctions.		31.01, 20:12 Russia’s grain exports might be tarriffed since April Russia is considering introducing duty on grain exports to make sure there is enough to meet domestic demand and keep prices stable.
31.01, 20:01 1 comment Facebook IPO signal to Russian internet companies The expected launch of the Facebook IPO will probably give Russian internet companies a good indication if they should follow suit.		31.01, 17:53 Metal rivals clash over logo Russia’s Severstal is suing a small rival company over copyright infringement of its logo. Severstal says the logo of the Baltic Metal Company (BMK) is too similar to its own three coloured triangle.
31.01, 16:59 3 comments Wealthy Russians choose abroad for second home New research shows Russians would rather go overseas for a second home than buy an additional apartment or house somewhere in Russia.		31.01, 14:08 Scottish distiller give Green Mark a go Scottish distiller William Grant has already fostered love for Russian vodka in Britain with Russian Standard. Now the company is planning to introduce a less expensive Russian vodka brand Green Mark.
31.01, 09:58 Market Buzz: World uncertainty pushes Russian markets into red The markets are eyeing Greece for signs of it finalizing negotiations with potential creditor banks – a move which is expected by the end of this week.		30.01, 19:55 1 comment France will tax all financial transactions France is to introduce a tax on financial services in August this year. The 0.1% Tobin Tax, as it is called, could bring in as much as a billion Euros to the national budget.
30.01, 19:13 NLMK shows good resuts despite tough market Russian major metal producer Novolipetsk Steel or NLMK boasts pushing steel production to the record level of 3.2 mln tones in the fourth quarter of 2011.		30.01, 16:42 Moscow in the top 20 worldwide investible cities Investment in real estate is Moscow is on the up. A report from agents Jones Lang LaSalle, says Moscow has seen $8.4bln of commercial real estate investment in 2011, bringing it into the top twenty of investable cities.
30.01, 14:16 Holidays from hell More than 2,500 Russian holidaymakers are stuck in Thailand, the Dominican Republic and the Middle East after their tour operator went bust.		30.01, 14:59 Milking an investment The Russian Milk Company (Rusmolco) is to get a record cash injection of $400mln from Singapore’s commodity trader Olam International by 2015.