Yesterday domestic stock indicators showed the record quotation growth,
affected by the new Euro-optimism splash, caused by the termination if
agreement concerning banks recapitalization and EFSF enlargement to EUR 1
trillion, by decisions of Japan and China to support EFSF enlargement program.
All shares of UX index basket were traded on the positive territory, trade
volume on the market of applications increased.
The second splash of growth started after receiving favorable statistics
of American GDP, which showed the maximal growth during a year. Statistics ad
corporate reports appeared to be better than expected in total. Herewith,
quotations were supported by the factor of financial year termination for large
funds.
Among important news it is worth to admit the report of AMD corporation,
which showed profits the same as in previous period - $0,15 per share against
$0,10 expected.
y analyst of IC IFG CAPITAL Alexey Sidorov, the main growing drivers are
expectation of the next steps to be taken against debt crisis by European
leaders and termination of the USA financial year.
Following substantial statistics will be published today:
15:30 Basic index
of expenses on private needs (the USA)
15:30 Private expenses (the USA)
15:30 Workforce
value index (the USA)
16:55 Michigan
university consumer sentiment index
Asian indices demonstrate ascending dynamics. Chinese SSEC, Japanese
Nikkei, Korean KOSPI increased by 1,32 %,
1,39 %, 0,39 % respectively. Japanese statistics is different but
purchases affected by bullish signs from Europe prevail.
Industrial manufacture decreased by 4,0% (by preliminary information) in
September, against -2,1% expected and +0,6% previously. Unemployment level of
Japan unexpectedly decreased in September to 4,1% (the lowest since January
2009). It appeared to be better than expected – 4,5%.
EUR-USD exchange rate and Brent oil price consolidate under local
minimums.
Russian RTS index opened the day with growth.
Positive external background was formed on the
opening. The situation is unstable, because oil and EUR-USD show the high
chance of correction after yesterday great growth.
The Futures for UX – UX-12.11. Technical analysis.
On the 4-houred timeframe the price is above the
Parabolic indicator. MACD formed the sign to buy.. The trend is bullish.
On the quarter timeframe the price placed above the
Parabolic indicator. Oscillators do not give the univocal signs. The trend is
bullish.
Analytical department of IC IFG CAPITAL forecasts
Futures and Index decrease by the end of trade session, if index is not fixed
above 1500 points level in the first half of the day.
IC IFG CAPITAL, LLC
Alexey Sidorov
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
