Collapse in the oil market will not

"Yesterday, the European single currency has strengthened considerably against the dollar on positive news from the eurozone", - commented Sergei Bank.ru Fundobny, head of analytical department of "Arbat Capital. "The European Union has managed to reach an agreement on aid to Greece. But uncertainties remain. So all is not well, as many market participants. The overall situation in the euro-zone economy hard. Strategically, the problem of Greece is not resolved. I do not think that the Greek government will cut the deficit according to the plan, which it announced. This theme still emerges, Greece will still be a source of bad news. In the near future in Greece to repay debt on its sovereign bonds for 20 billion euros. Theoretically, they can do it themselves, without outside help. But, in theory, it is better to raise funds at lower rates, which suggests a plan to help than to borrow money at higher interest in the market. Therefore, Greece can ask for help, even if not in her desperate need. Perhaps the Greek government will represent the situation worse than it actually is. In any case, long term, we look at the euro negatively. Today, oil rose, although yesterday there were attempts to sell it. Today, she again stands at 85 dollars per barrel. Prices confidently hold a new hall with the lower limit - $ 80 per barrel. Collapse in oil prices is unlikely. At the same time, it is unlikely the cost of "black gold" will be over 90 dollars per barrel. Most investors are waiting for certain changes in the financial markets. We are talking about raising the basic rate of the Fed. In my opinion, the U.S. monetary authorities will do so until the fourth quarter of 2010. A lot depends on China, from its policies on the yuan. In my opinion, the signs of economic recovery are evident. However, rapid growth will not be. By the end of this year, inflationary pressures intensify. But the GDP, rates of industrial production, etc. the worst is over. The labor market situation will improve. But the unemployment rate would remain high "- the expert believes. At 16:59 MSK on the UTS MICEX dollar fell to 29.0166 rubles (-0.0391), the euro, by contrast, grew up - to 39.5489 rubles ($ 0.0582).