On Wednesday
07.12.2011 European indices stepped into the red zone, affected by the
information of discordances of European politicians concerning debt crisis
resolution method. Pressure to the quotations of domestic shares was rendered by
complicated political situation in Russia too.
The majority of
shares of UX index basket were traded in the red zone. Trade activity on the
market of applications decreased.
Quotations were
majorly growing in the USA.
The market opened with majorly
bearish moods.
S&P warned it may downgrade
EU credit rating and ratings of largest Euro-region banks in case of
realization of previously announced decision of reconsidering regional
countries ratings to downgrading. Among banks which are put to reconsideration
with a probable downgrade are largest Euro-regional banks as French Societe Generale, BNP Paribas and German Deutsche Bank.
Herewith, it is worth to note
analysts’ report of Barclays Capital investment department, who
decreased the forecast on Chinese economy growth for 2012. They believe the
trend of slowing down will dominate in Chinese economy in the 1st
quarter 2012, and its growth will drop to 7,8% annually. At once, Chinese realtors
announced of decrease by 44% in amount of deals on housing sales in 26 largest
cities of the country during the last week of December, against the same week
year ago.
Macro background is negative too.
Quantity of workforce in non-agricultural sector of France did not change in
November. Growth was expected.
Following statistics will be
published today:
15:30 Unemployment applications (the USA)
Asian stock indices show the
decreasing motions, affected by negative statistics from realty market of
China. Chinese SSEC, Japanese Nikkei, Korean KOSPI lost by 0,12%, 0,66%, 0,37%
respectively.
EUR-USD exchange rate and Brent
oil price grow.
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. Stochastic, RSI and MACD keep the signs
to sell. The trend is bullish.
On the quarter timeframe the
price placed below the Parabolic indicator, still close to break the line.
Oscillators do not give the univocal signs. The trend is bearish.
By analyst of IC IFG CAPITAL
Alexey Sidorov, investors will postpone playing negative news today before obtaining the information
from ECB and Labor Ministry of the USA.
Inflow of important information
will start on 14:45 with announcement of ECB of interest rate.
Analytical department
of IC IFG CAPITAL forecasts index and futures increase by the results of the
trade session.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua