On Tuesday 27.12.2011 UX index
stepped out of the red zone despite bulls dominate on European and American
stocks. Trade activity on the market of applications slightly increased, but is
still at the low level. The majority of shares of index basket showed the
negative result. Analyst of IC IFG CAPITAL Alexey Sidorov believes that this
situation is explained with “cutting shoulders” on ling positions by
speculators before the New Year holidays within the absence of purchasers.
European indicators were kept in
the green zone despite the bearish signs from Italy’s bonds market and EU money
market. Yield of 10-year Italian bonds exceeded 7% annually. 1-day deposits of
commercial banks on accounts of ECB fixed the new historical maximum of EUR411.8
billion. The last fact is the witness that recent actions of ECB on liquidity
growth did not lead to the desired result.
The USA indices moved in
different dynamics. Support was rendered by positive consumer trust statistics.
We remind you that consumer trust index to the USA economy in December grew to
64.5 points, the maximum level since April 2011.
The information from Iran, with
threats to block the oil export through the Strait of Hormuz within sanctions
implementation by the West, became the decreasing driver.
Today players will follow the
results if auction on Italy’s bonds placement, where it is planned to place
securities for EUR11.5 billion.
Asian stock indices move in
different directions. Chinese SSEC increased by 0.18%. Japanese Nikkei, Korean
KOSPI lost by 0.20%, 0.92% respectively. Macro-economic indicators of Japan are
negative.
Retail sales decreased by 2.3% in
November, against +0.1% expected and +1.9% previously. Industrial manufacture
accordingly to preliminary information decreased by 2.6% in November, against
-0.8% expected.
Russian RTS index opened the day
in the red zone.
Negative external
background was formed on the opening. From the other hand, support to the
Russian market will be supported by Iran factor improvement via oil.
Considerably favorable placement of Italian bonds is able to change investors’ moods.
Analytical department
of IC IFG CAPITAL forecasts index and futures growth by the results of trade
session as a result of financial level decrease by long-position holders.
IC IFG CAPITAL
Alexey Sidorov
www.ik.ifgcapital.com.ua
www.ifgcapital.com.ua
