Today may be the key for the ruble

Foreign Exchange Market Finansy28-05-2009 Today may be the key for the ruble on international markets again, there was a rearrangement of roles. Oil prices in anticipation of today's meeting, OPEC still remain fairly stable, although they have a tendency to decrease in the morning. The dollar also feels quite confident, with an additional stand by the data of a negative inflation in the eurozone. But stock indexes today entrenched in the red zone. As experts note, is very important to follow the dynamics of the ruble on the domestic market. In the event of a substantial weakening, they expect sales in our markets. In such a difficult situation, the volatility of quotes leading market clearly increased. Yesterday the major U.S. stock indexes fell in the range of 2% on two main factors. First, General Motors Corp. failed to negotiate with the holders of its bonds, to exchange debt for equity, and hence bankruptcy auto giant promises to be quite problematic. Another negative point was the statement by the Federal Deposit Insurance, reported record over the past 15 years, increasing by 21% the number of troubled banks. This caused a reduction in addition to stock prices and rising yields on government bonds United States. Recall that the growth of profitability will be an obstacle to economic growth as well as makes it difficult to refinance the debts of the state.