On Friday, 25.11.11 lateral trend
dominated on global markets within the European news. Drop at the beginning was
affected by unsuccessful auction on Italian bonds placement, it was followed by
the growth within the information of rendering the IMF urgent credit to Italy.
As a result, European indices majorly grew, but the USA – dropped. Financial
sector was traded better than market within the news that EU representatives
may exclude party of private investors in European stabilization mechanism,
which comes into effect in 2013.
UX index leaped from its weekly
minimum. The majority of shares of UX index basket were traded in red zone.
Trade activity on the market of applications changed slightly. Today we can see
the improvement of expectations on Europe. Representatives of ECB repeated that
if situation becomes critical indeed, the bank would act prompt and aggressively.
Short-term support will be rendered to shares by the information of credit
rendering to Italy, thus it was recently refuted. The information from the USA is
favorable too. Retail sales, including on-line sales, reached the record level
of $52,4 billion in period of Thanksgiving Day. Retail sales volume increased
by 16%. Holiday may be ruined by the auction of Italian bonds placement.
Following substantial statistics
will be published today:
14:00 German consumer price index
14:00 Index of German consumer climate
17:00 New homing sales (the USA)
Asian stock indices grow. Chinese
SSEC, Japanese Nikkei, Korean KOSPI increased by 0,12 %, 1,56 %, 2,19% respectively.
EUR-USD exchange rate and Brent
oil price show growth.
Russian RTS index is 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 are in zone of reselling.
MACD keeps the sign to sell. The trend is bearish.
On the quarter timeframe the
price placed above the Parabolic indicator. MACD formed the sign to sell. The
trend is bullish.
Analytical department
of IC IFG CAPITAL forecasts index and futures growth by the end of the trade
session.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua
