On Tuesday share sales were empowered under the pressure of European
problems on domestic stocks. Claim of Greece’s Premier-Minister of referendum
concerning the new aid package taking became the central topic yesterday.
Bears dominated in the USA too. After MF Global bankruptcy fears of
Americans concerning financial sector stability grew. Pessimism was enforced by
weak business industry activity statistics in October.
The majority of shares of UX index basket were traded on the negative
territory. Trade volume increased.
By analyst of IC IFG CAPITAL Alexey Sidorov, some unexpected news may be
brought by meeting of Georgios Papandreou with European leaders. His previous
claim may be disowned with the next concessions of EU. Fall on the European
stocks may also be restrained by results of G20 summit.
Following substantial statistics will be published today:
9:55 Manufacturing activity index PMI of Germany
9:55 Unemployment index of Germany
14:15 Labor changes in
non-agricultural sector by ADP (the USA)
17:30 Interest rate claim
(the USA)
Asian indices show different dynamics. Chinese SSEC
increased by 1,38%. Japanese Nikkei, Korean KOSPI lost by 2,21 %, 0,61 % respectively.
EUR-USD exchange rate and oil price leap from yesterday’s
positions.
Russian RTS index opened the day on the positive
territory.
Positive external background was formed on the
opening.
The Futures for UX – UX-12.11. Technical analysis.
On the 4-houred timeframe the price is below the Parabolic indicator.
Oscillators keep the sig to sell. The
trend is lateral.
On the quarter timeframe the price placed below the Parabolic indicator.
Oscillators keep the sign to buy. The trend is lateral.
Analytical department of IC IFG CAPITAL forecasts
Futures and Index increase by the end of trade session as a result of
correction upward leap after great falling during last two days.
IC IFG CAPITAL, LLC
Alexey Sidorov
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua