Global and domestic stock indices opened the weak with a growth within the promises of German and French leaders to approve the package of measures on EU debt crisis resolution by the end of the month, and expectations of American corporate reports to wake up bulls. Domestic investors were oriented to external factors completely. Trade volumes on the UX market of applications was negative.
It is worth to admit that after closing of trade in Ukraine American indices kept growing, which proves the strong speculative trend.
EUR-USD exchange rate and Brent oil price show consolidation in the morning after yesterday rapid growth. By analyst of IC IFG CAPITAL Alexey Sidorov, decision concerning rendering aid tranche to Greece will probably be announced today. This factor will prevent bulls from activity. Lack of progress in confirmation of EFSF authorities enlargement by Slovakia’s Parliament may also be taken as negative factor. This fund is a key-tool for recapitalization of problem banks and helping problem countries.
Asian indices show increasing motions. Chinese SSEC, Japanese Nikkei, Korean KOSPI increased by 0,10 %, 2,0 %, 1,62 % respectively.
Russian RTS index opened the day with a drop.
Neutral external background was formed on the opening.
The Futures for UX – UX-12.11. Technical analysis.
On the 4-houred timeframe the price broke the line of the Parabolic indicator from bottom. Stochastic and RSI give the signs to purchase. The trend is bearish.
On the quarter timeframe the price placed above the Parabolic indicator. Oscillators are close to their minimal values. The trend is bullish.
Analytical department of IC IFG CAPITAL forecasts Futures and Index increase by the end of trade session.
