European and American stock
indicators opened the week with a growth, affected by hopes for EFSF
enlargement coordination in the nearest time and with acceleration on budget
integration inside Euro-region.
The majority of shares of UX
index basket were traded in green zone. Trade volume on the market of
applications slightly decreased.
Morning news is unfavorable for
stock assets.
Standard
& Poor's are willing to
downgrade forecast on credit rating of France to negative in the nearest 10
days, which may be a sign of probable downgrade from AAA current level.
Analysts of Fitch Agency
downgraded the USA credit rating outlook from “stable” to “negative”, due
super-committee is not able to coordinate the measures of budget deficit
decrease.
Moody’s
Investors Service announced
that it considers possibility of downgrading banking credit rating in 15
European countries within the probable governmental support reduce in the
region.
Herewith, despite the rating
agencies intrigues, moods on European stocks stay bullish. Today meeting of EU
ministers of finance is a short-term speculative idea. Participants expect from
it announcement of date when more active purchase of sovereign debts is planned
to occur.
Placement of Italy’s bonds will
probably become the bearish factor today. It is planned to sell securities for
EUR8 billion.
Following statistics will be
published today:
17:00 Consumer sentiment index of the
USA (Conference board)
Asian stock indices grow. Chinese
SSEC, Japanese Nikkei, Korean KOSPI increased by 1,11 %, 2,30 %, 2,27 % respectively. Japan published
different statistics. Unemployment level totaled 4,5% in October, against 4,2%
expected and 4,2% previously. Retail sales in October significantly grew,
exceeding the forecasted value.
EUR-USD exchange rate and Brent
oil price show growth.
Russian RTS index is on the
negative 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 above the Parabolic indicator. Oscillators formed the sign to purchase.
The trend is lateral.
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 decrease by the results of the
trade session, if index is not fixed upper the 1550 limit in the first half of
the day.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua
