This week started with active purchasing on
global stocks within the expectations of agreement package concerning the
struggle with debt crisis and Chinese business activity increase. UX index
showed the record growth with rapidly increased trade volumes.
European optimism if kept without noticing the
low quantity of specific agreements and complicated negotiations with Greece’s
bonds holders. Despite the October decrease of manufacturing activity in Europe,
European exchanges closed with growth.
Corporate reports in the USA still support
quotations.
By analyst of IC IFG CAPITAL Alexey Sidorov,
placement of the USA bonds makes a serious danger for bulls today. The Treasury
plans to sell the 2-year notes for $35 billion. Market liquididty usually
decreases before such events and news background rapidly worsens.
Quotations could be supported by favorable
report of Deutsche Bank AG, which received EUR 777 million of net profits in
the 3rd quarter. Analysts forecasted the net profit of EUR 425
million. The net income of the company totaled EUR 7,3 billion, which is 47%
higher than in previous year.
Consumer trust index of Germany increased more
than expected, which is a positive sign too. The figure made 5,3 points in
November versus 5,1 expected and 5,2 previously.
Following substantial statistics will be
published today:
17:00 Conference Board
Consumer Sentiment Index (the USA).
Asian indices demonstrate different dynamics. Chinese SSEC increased by
1,51%. Japanese Nikkei and Korean KOSPI lost 0,92 %, 0,51 % respectively.
EUR-USD exchange rate made a downgrading correction.
Russian RTS index opened the day with a growth.
Neutral
external background was formed on the opening.
The Futures for UX – UX-12.11. Technical
analysis.
On the 4-houred timeframe the price
is above the Parabolic indicator. Stochastic and RSI are in zone of reselling.
The trend is bullish.
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, if
index is fixed higher than 1350 points level in the first half of the day.
IC IFG CAPITAL, LLC
Alexey Sidorov
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
