Market reviews from analysts of FIH "RESMI" (Kazakhstan) for January 5, 2012
05.01.12 14:59
/IRBIS, January 5, 2012/ - "RESMI" Financial & Investment
House" JCS (Almaty, "RESMI" FIH) has provided IRBIS with the
review of key events and its investment ideas and forecasts for
January 5, 2012
The "RESMI" FIH analysts pay the investors' attention to the
following key events on the markets:
- Chairman of the Central Europe Mario Draghi has
appointed Belgian Peter Preta as head of economic
department of ECB. Thus, the ECB leadership has
ignored call of Germany to put in this position one of the
representatives of this country. Peter Pret became the
first ECB's chief economist who is not a citizen of
Germany. Previously, he has been working as an expert
on financial regulation of the Central Bank of Belgium.
From Germany in the ECB's Governing Council Joerg
Asmussen was appointed, who will deal with external
relations. Another contender for the post of chief
economist Frenchman Benoit Coeur in March will control
financial transactions.
- Germany has placed 10-year bonds worth 4.1 billion
euros. The auction, which was planned to attract 5 billion
euros, attracted bids worth 5.3 billion euros. The
Bundesbank, in accordance with standard practice,
retained bonds of approximately 900 million euros for the
German Agency for civic duty. France, which has to be
considered with doubts about its highest rating, placing
government bonds today, January 5, accommodation in
Italy and Spain will take place next week. Also, on this
week placement of 3-year bonds of Eurozone Fund of
Financial Stability (EFSF) to the sum of 3 billion euros is
expected.
- Scott Thompson, a former president of PayPal, a
division of eBay, has been appointed as CEO of Yahoo!
Inc. S. Thompson takes office on January 9. Yahoo!
Finance Director Timothy Morse, Acting CEO, will return
to the work of financial director. In September 2011 the
Board of Directors of Yahoo! sacked CEO Carol Bartz
and began strategic restructuring of the company. On
Wednesday, Yahoo! reported that the restructuring
process will continue.
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 given in this material
[2012-01-05]