On Wednesday 28.12.2011 domestic stock market was covered with a wave of
sales. Trade volume increased on the market of applications in almost 2 times,
which speaks of bearish moods. The majority of shares of UX index basket were
traded in the red zone. Positive from Italian bonds placement was graded with
the publication of data concerning banking system crediting in the region by
ECB. Assets volume of ECB increased to the record EUR2.73 trillion. 1-day
deposits of commercial banks on accounts of ECB reached the new historical
maximum of EUR452 billion. Italy placed the 6-months treasury bills for EUR9
billion, herewith crediting worth for the country rapidly dropped and the
demand slightly strengthened. Collapsing fall on the USA stocks happened within
the European problems too.
Following statistics will be published today:
15:30 Unemployment applications (the USA)
16:45 Business activity index of Chicago Management Association (the USA)
17:00 Unfinished sales on realty market (the USA)
Negative external background was formed on the
opening. Players put to the quotations the risk of today unsuccessful
placement of Italy’s bonds. Bonds termed 2014, 2018, 2021 and 2022 for clearing
off will be placed today. These bonds do not make the interest to the banks, as
yesterday’s short-term securities.
Asian stock indices move in different directions. Chinese SSEC, Korean
KOSPI increased by 0.16%, 0.03% respectively. Japanese Nikkei lost 0.29%.
Russian RTS index opened the day in the red zone.
The Futures for UX – UX-3.12. Technical analysis.
On the 4-houred timeframe the price placed above the Parabolic indicator,
but is close to break the line. Oscillators do not give the univocal signs. The
trend is bearish.
On the quarter timeframe the price placed below the Parabolic indicator.
Oscillators do not give the univocal signs. The trend is bearish.
Analytical department of IC IFG CAPITAL forecasts
index and futures decrease by the results of the trade session. Strong ideas
for decreasing trend breaking are absent on the market. Even if ECB will
imitate good yields on Italy’s bonds and bullish signs from the USA will come,
the growth may have a character of a technical leap.
IC IFG CAPITAL, LLC
Alexey Sidorov
ik.ifgcapital.com.ua
www.ifgcapital.com.ua
