The review of key events and forecasts from "ASYL INVEST" JCS (Kazakhstan) analysts for August 25, 2011

/IRBIS, August 25, 2011/ - "ASYL INVEST" JCS (Almaty) has provided IRBIS with the review of key events and its investment ideas and forecasts for August 25, 2011 Analysts of "Asyl Invest" indicate that the news background for the domestic market today is moderately positive. Successful end of trading on foreign markets after the release of encouraging statistics on the U.S. economy today creates the preconditions for growth of stocks of domestic companies. Yesterday, a significant increase in trading in London showed the shares domestic mining companies. It is obvious that on the local market demand for the securities of sector will also increase. Besides, ASYL INVEST analysts note the following events on world markets: - Yesterday, the data for July showed an increase in orders for an impressive value of 4% against the forecast of economists at 2%, with the exception of transportation's orders the growth rate was 0.7%, also above forecasts. Better forecasting of the market yesterday were also data on real estate prices, which led to an increase in stocks of construction companies. - Today, the Asian market is growing on positive statistics on the U.S., reducing the concerns about the high probability of recession in the global economy. Today shares of manufacturers of smartphones are growing, after it became known that Steve Jobs resigned as CEO Apple Inc. Share prices of Samsung grow by more than 3%. Hang-Seng index is growing by 1.4%, Nikkei - 2.3%, Shanghai - 1.7%. U.S. futures are decreasing today under pressure from falling prices on Apple shares on electronic trading. - In the currency market yesterday, statistics has weakened expectations regarding the possibility of new incentives. In addition, the euro once again failed to find grounds to overcome the mark of 1.45. Today the dollar strengthened before tomorrow's performance of Bernanke and the release of statistics on Germany's consumer confidence index, which is likely to show reduced feelings of Germans to their lowest level over the last twelve months. In the market remains volatile, as market was divided in opinion as to what tomorrow will make the application plan Fed chief. In the speech in Wyoming last year, Bernanke said that the redemption of bonds is possible if the pace of economic recovery will slow. At the same time, not all investors are convinced that will be announced by more drastic measures than at the last meeting of the FOMC. - Yesterday pressure on gold has uncertainty that has arisen before speaking of representatives of Bernanke at a conference of global central banks, which will be held on Friday in Wyoming. Gold rose in August on economic concerns, but expectations of announcement of new incentives and the positive statistics on durable goods orders in the U.S. in July, has forced investors to capture profits. Prices for oil and industrial metals yesterday showed no unified dynamics. Today, commodity market shows vague dynamics. Gold again declined in price, but is trading in a moderately negative zone. Copper is growing on weaker pace at auctions in Shanghai and New York. Oil is traded in different directions. The present material is exclusively informative and isn't an offer or recommendation to conclude any deals with stock. "IRBIS" Agency doesn't take responsibility for the opinions, given in the present material. [2011-08-24]