Mega Capital: TRADE For Tend To Be Strengthened
TRADE on the land in the red zone, after slipping to 0.74% to as low as 3.909,640. The only sector that still held out a flimsy + 0.13% rally was the plantation sector. Emerging markets stock move wildly in both ways yesterday. Are your triggers, concerns European debt crisis could trim exports likely to Asian countries. These cover the positive Rumor of speculation of economic recovery in the United States. As for, the Shanghai index corrected-0.4%, prior to the release of inflation data in China today. Kospi index fell-0.4%. Meanwhile, the Nikkei index rose + 0.3% and the index goes up + 0.8% Hangseng.
Stock Wall Street closed flat. The market is still waiting for the movement of bond market in the next two days that could determine the direction of the Euro Zone's debt crisis. The Dow Jones was down-0.12%. While the S & P500 index rose + 0.02% and the Nasdaq rose + 0.29%. Meanwhile, the price of gold rise to contract level 1, USD 639.60 per troy ounce or up + 0.5% in New York. Gold price surges triggered by an increase in demand for physical gold that penetrated the highest record in China. Gold demand in China for greater China was about to protect investors against the estate property prices and the stock market slump. The crisis has an impact on the export of Germany. Germany's exports grew by 8.2% in 2011. But in 2010, its export increased by 13.7%.Consequently, Germany'S GDP grew only by 3% in 2011, slower than the growth of 3.7% in 2010. While the budget deficit of 1% of GDP. Even so, Germany can still avoid a recession. Level penganggurannya even touched its lowest point in two decades that could boost public spending. Yesterday's DAX closed down 0.2%, weakened-FTSE closed weakened-0.5%
Strengthened TRADE For Inclined (Range 3.952 — 3,940), all the Exchange TRADE on practical sessions yesterday tinged with action of profit taking and closed weakened are in level 3,909. The index looks are testing the support level in equidistant channel and allow it to happen technical rebound and move towards the resistance level at 3,840, Stochastic and RSI which however shows saturation lawsuit against mengahambat the rate of increase in potentially buying index if able to pass through the 3,900 possibility can move towards support level at 3,875. Today an estimated index moves for the trend strengthened limited.
