Analytics and Market news

On Thursday 29.09.2011 domestic investors were actively purchasing cheapened securities within the expectations of sharp phase of European debt crisis termination. This was caused by German Parliament approval of EFSF enlargement. Quotations were also supported by optimistic statistics from European Labor market and from the USA Labor and Homing markets.American and European stock indices demonstrated great increase. Today results of international inspection to Greece will be revealed and will affect the quotations. Keen claims of European politicians and authorities concerning the ineffectiveness of money rendering to Athens could turn the quotations to the negative territory again.The USA GDP information dispersed all doubts of recession but stable ascending dynamics was not seen during the trade. Following substantial statistics will be published today:12:00 Consumer Price Index of Euro-zone 12:00 Unemployment Index of Euro-zone 15:30 PCE Price Index (the USA)15:30 Private Expenses (the USA)16:45 Business activity index on the Middle West (the USA) 16:55 Consumer Sentiment Index of Michigan University (the USA)Asian indices are majorly on the positive territory. Japanese Nikkei, Korean KOSPI increased by 0,24 %, 0,02 % respectively. Chinese SSEC lost 0,02%. Weak growth on Japanese market is quite adequate to the various statistics.  Unemployment level in August was 4,3% against 4,7% expected and 4,7% previously. Industrial manufacture by preliminary information increased by 0,8%  against 1,5% expected and +0,4% previously.Russian RTS index opened the day in the red zone.

Neutral external background was formed on the opening.The Futures for UX – UX-12.11. Technical analysis.

On the 4-houred timeframe the price placed above the Parabolic indicator. Oscillators give the sign to buy. The trend is lateral.On the quarter timeframe the price placed above the Parabolic indicator. Stochastic, RSI and MACD-histogram formed the sign to sell. The trend is bullish.

Friday factor and unconfident American growth speak for decrease. Quarter closing speaks for increase.

Analytical department of IC IFG CAPITAL forecasts Futures and Index decrease by the end of trade session.