Important events today:

At 10:00 Moscow time – UK: change in the volume of retail trade.

In this situation, there are several reasons for buying at once. The first is the increased interest in USD, judging by the growth of LIBOR rates. Second, there is a high probability of continued growth in the US stock market, which will have a positive effect on the dollar, since they correlate with each other.

The US Federal Reserve is preparing to raise rates and is cutting back on asset purchases, which will lead to increased volatility. Traders are starting to get nervous as the Fed hasn’t raised rates over the past three years.

Most likely, American stocks will actively buy out on drawdowns and the market will again set a historic maximum, against the background of a liquidity surplus in the banking system, amounting to $ 1.65 trillion. In general, this is a positive signal for the stock market.

Recommendations: Buy 113.44 / 113.10 with TP 114.12.