The review of key events and forecasts from analysts of "ASYL INVEST" JCS (Kazakhstan) for September 27, 2011

28.09.11 14:35
/IRBIS, September 27, 2011/ - "ASYL INVEST" JCS (Almaty) has provided IRBIS with the review of key events and its investment ideas and forecasts for September 26, 2011. Analysts of "Asyl Invest" indicate that the news background for the domestic market today is negative. After a sharp rise on the eve the major indexes in Europe and the U.S. can go down on fears of the euro area. Investors are now able to capture speculative positions on shares of commodity companies, after two days of lifting of their prices. Besides, analysts of "ASYL INVEST" JCS note the following events on world markets: - U.S. indexes at the end of the trading day on Tuesday suffered notable loss after it became known that most of the Eurozone countries believe that private creditors should be prepared for more heavy losses on government bonds in Greece. This position is a threat to agreements made earlier with private investors in July. Indices of Chinese Hang-Seng and Shanghai Composite now show weak dynamic on pressure of the event, U.S. futures are decreasing. - EUR/USD pair is reduced at a moderate pace in the market amid fears that private investors will have to make more substantial losses on Greek bonds. In addition, investors fear recession in major economies of the region. Today's statistics may confirm the zero GDP growth in France in the second quarter of 2011, Statistics for the United States may well turn out to be negative, economists predict a decrease in orders of durable goods in August by 0.2%. The negative data could cause demand for the dollar. - Raw materials market now shows negative trend. WTI crude oil and Brent are reduced by 1.5% while copper in Shanghai and New York in electronic trading is getting cheaper by 0.2 and 2.2% respectively. Gold drops in price by 0.3%. This material is exclusively of informative character and is not offer or recommendation to make any deals with shares. "IRBIS" Agency is not responsible for the opinions given in the material. [2011-09-27]