Lateral trend dominated on domestic market and indices
have different motions yesterday. Liquid shares did not show the unique
dynamics too. Bulls were supports by European and Russian attempts to grow in
the 1st half of the day. European optimism was presumably caused by
the adaptation to negative information and teethed progress of Italy and Spain
in struggling with budget deficits. But shortly before trade opening in the USA
bears overrode.
American investors played back the weak
information from labor market and expenses of large banks related to claims on
offgrade mortgage securities sale. Losses were slightly decreased by business
activity index increase in non-manufacturing sphere.
Today trades will be affected by concession of
Italy in front of other countries of Euro-zone concerning budget economy
tightening; and announcement of the USA President of a new program of keeping
ancient and creating new workplaces in 2012. The program will be presented on
September 8. The program is reported to provide the prolongation of the cut
income tax for workers and a range of unemployment benefits. Cost of this program
to government should total $300 billion.
EUR-USD exchange rate demonstrates an upward
leap.
Asian indices are situated on the positive
territory. Chinese SSEC, Japanese Nikkei, Korean KOSPI increased by 1,49 %, 2,01
%, 3,78 % respectively.
Russian RTS index opened the day with a
substantial growth.
There was positive
external background on the opening.
The Futures for UX
Index 9.11. Technical analysis.
On the 4-houred timeframe the price
placed below the Parabolic indicator. MACD formed the sign to sell. Stochastic and
RSI are close to their minimal values. The trend is bearish.
On the quarter timeframe the price
placed above the Parabolic indicator. Oscillators do not give any univocal sign.
The trend is bearish.
Analytical
department of IC IFG CAPITAL forecasts index and futures increase by the end of
trade session.
