Domestic and European stock
indicators closed the week with growth within the expectations for activity in
debt crisis resolution process from ECB and IMF. Optimism was supported by
speeches of IMF Head, ECB Chairman and German Chancellor. In particular, Angela
Merkel’s speech approved the striving of German government to reach compromises
in questions of reconsideration of basic agreements with EU, which should have
been claimed by German and French political leaders today.
The majority of shares of UX
index basket were traded in green zone. Trading activity slightly decreased.
American DJI and S&P500 stepped into negative territory
in the end of the day, showing a low “minus”.
It is worth to admit the approval
of austerity reforms by Italian government. By analyst of IC IFG CAPITAL Alexey
Sidorov, in the first half of the day in Europe there will possibly be the
Friday speech of Angela Merkel playing before her meeting with French leader which
is planned today at 14:30.
Following statistics will be
published:
12:00 Retail sales in Euro-region
17:00 Business activity index in service sphere (the USA)
Asian stock indices demonstrate
different dynamics. Chinese SSEC lost 1,16%. Japanese Nikkei, Korean KOSPI
increased by 0,60%, 0,36% respectively.
EUR-USD exchange rate and Brent
oil price grow.
Neutral external
background was formed on the opening. Correction opportunity is high on the
European markets.
The Futures for UX –
UX-12.11. Technical analysis.
On the 4-houred timeframe the
price is above the Parabolic indicator. Oscillators are close to their maximal
values. The trend is bullish.
On the quarter timeframe the
price placed below the Parabolic indicator. Oscillators signs to sell dominate.
The trend is lateral.
Analytical department
of IC IFG CAPITAL forecasts index and futures decrease by the results of the
trade session if index is not fixed higher than 1600 points level in the first
half of the day.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua
