On Tuesday 13.09.11 UX index showed avalanching
drop on the opening due to the new wave of Euro-pessimism. All shares of UX
index basket closed the day in red zone. Investors rapidly lose confidence in
sovereign debts of certain EU problem countries, which step into the category
of risk assets, influencing the financial sector. Free fall of quotations of
Greece securities lasts: profitability of 10-year bonds of the country reached
22,44% on Monday, which is the highest maximum. Running from risks leads to capital
outflow from the market of shares to the bonds of reliable issuers, as the USA
and Germany.
European indices suffered great losses.Situation in the USA had a different continuity.
Investors played back European negative with a drop on the opening. Important
statistics was absent, but in the end of trade bulls prevailed within the hopes
that Congress confirms President’s bill of workplace quantity increase. Still,
absence of fresh news from Europe was the main growing driver.
Asian indices move in different directions.
Japanese Nikkei increased by 0,96 %. Chinese CSI300 lost 1,36%.
EUR-USD exchange rate shows growth, which gives
a hope for an upward leap on the Eureopean stocks.
Positive external
background was formed on the opening.
The Futures for UX –
UX-12.11. Technical analysis.
On the 4-houred timeframe the price
placed below the Parabolic indicator. Stochastic and RSI are close to their
minimal values. MACD keeps sign to sell. The trend is bearish.
On the quarter timeframe the price
placed below the Parabolic indicator. Oscillators formed the sign to buy. The
trend is bearish.
Analytical
department of IC IFG CAPITAL forecasts index and futures increase by the end of
trade session.
