The market review and recommendations of "Jazz capital" broker home" JCS (Kazakhstan) for April 27-2011

/IRBIS, April 27, 2011/ "Jazz Capital" Broker home" JCS (Almaty, Real Invest Group) provided IRBIS with the review of main events on Kazakhstani and international marketplaces for April 27, 2011. "Jazz Capital" Broker home" JCS marks the following significant events: - The bidding in USA and Europe ended up with the rise of the indices. Positive type of the corporative reports of certain major enterprises and consumer trust index growth are the main factors that stimulated the buying on Western floors. So, the major American automobile manufacturer Ford reported of the $2.5 billion income for the first quarter of the year. The net profit of Swiss UBS bank made up 1.8 billion Swiss franks (E1.4 billion). Finally, the consumers trust index went up 1.6 points in USA, making up 65.4 points, as analysts expected it to be only 64.4 points. The positive news background affected the trade positively during the session, but the speculators behaved cautiously. As the result of the trade, main European floors grew up 0.58%-0.84%; American Dow Jones and S&P 500 ended up with 0.93% and 0.90% rise of capitalization. Today, besides the Center Bank sitting, the statistics on long-term-use goods is to be published in USA, data on new industrial orders will come out in Euro zone. Reports of Boeing and ConocoPhilips will be paid maximum attention. - The main emerging markets ended the session with improvement. The BRIC countries indices growth, in spite of being less than growth on Western floors, was able to reflect the positive mood of regional speculators, mainly caused by the reporting season. Oil prices, being kept at high levels, were the traditional help to "bulls" on Tuesday. At the end of the session, BRIC indices growth wasn't more than 0.3%, Russian RTS stopped at 0.12% after few days of decrease. - Brent's oil prices went up 0.07% and made up $122.89 per barrel. Oil prices didn't demonstrate high activity, staying in the frames of last three days. "Jazz Capital" analysts think that oil ratio is less affected by the news background today, and in the near-time outlook the accents of the speculators won't change. They expect the oil prices to stay at current high level, not denying occasional short-term corrections. - Gold went up 0.17% and made $1,511.1 per ounce as a result of the session. Gold prices, after a short break, resumed the growth during past session, overcoming the $1,500 point, which became the most powerful support level. It's expected from the quotation to continue the racing, but it's possible for the speculators to act indecisively due to the overcome of $1,500 point. - The EUR/USD monetary duet increased 1.38% and made 1.4685 During past session, euro continued to rise in price relative to dollar, in the background of the speculators' expectation of lack of any changes in current Cental Bank's extra soft monetary policy. The last inflation indices also affect the dollar, while it would be premature to put the screws on it today. - British pound grew up 0.3% at the end of past sesson, "Jazz-Capital" analysts mention that the GBP/USD duet stays in the five- day degressive trend. The necessity to hold the 1.65 position is vital for GBP, because in case of reduction the duet would suffer the long-term correction. The given material has exclusively information character and is not the offer or recommendation to make any transactions with the stocks. Agency Irbis doesn't take responsibility for the opinions which are in given material. [2011-04-27]