Investors do not yet hurry up with opening new positions before the important events. Let's remind that today the key event of week - FOMC meeting on interest rates is in focus of attention.

Let's notice that nobody doubts of increase of the rate by 0,25 % today and at 19:15 GMT results of the Federal Open Market Committee meeting will be released, however today the main intrigue is in the text of the final communique.

Investors are interested in what Committee members will tell today. Experts consider that the market has not yet completely considered rates increase in May, and the dollar will receive a powerful impulse of rise if communique specifies an opportunity of additional monetary policy firming.

The majority of analysts are not sure that FOMC statement will contain hints on the further increase of rates – it is not FRS rule to surprise investors.

Thus some experts assume that the market can react intensive dollar sales if the statement say something about the termination of a cycle of rates rise.

Another significant release today, before FOMC meeting, will be the publication of data on consumer confidence index in the USA for March at 15:00 GMT. We shall remind that the forecast is 101.8, and the previous value was 101.7.

The situation in oil market also continues to remain uncertain. We shall notice that oil quotations form a head and shoulders where the line of a neck today is at $ 61.30, and break out below will specify the purposes near $ 51.20.

Thus intraday indicators remain pessimistic and assume break out below a line of a neck.

The technical estimation of a situation is still pessimistic until quotations are below a resistance line of $ 64.52 and the right shoulder at $65.50/55.

As a result Dow-Jones index of New York stock exchange was down 28.33 points and is at a level 11251.64. NASDAQ index was up 2.40 points and is at a level 2315.22. S&P 500 index was down 1.21 points and is at a level 1301.74.

And the US 30-years state bonds’ yield grew 0.032 in comparison with the previous closing and makes 4.727.

We recommend while (before publication of the communique) to close opened before purchases of Dow-Jones index futures. The further steps will be assumed only after the analysis of the text of the document.