/IRBIS, January 23, 2012/ -"Jazz Capital" Brokerage house JCS (Almaty, Real Invest Group) has provided IRBIS with a survey of main events, market reviews and investment ideas for January 23, 2012.

"Jazz Capital" Brokerage House notes the following significant events on international markets:

- The final session of the week in major U.S. and European markets ended differently. Trading in Europe, held most of Friday's session in negative territory, ultimately, resulted in little or no significant changes. European players, after several days of growth, based on the positive placement of bonds near the eurozone countries, at the end of the week took a break, switch back immediately to the Greek problem, where the fate of receipt of the next tranche of the European Southern republic is still uncertain. In turn, in the States, where Friday's session showed no less in comparison with European markets volatility, traders for 1 hour before closing time began actively buying the paper, apparently a combination of factors evaluated positively. Dow Jones, which closed on Friday above 12,600 points, nearly reached last year's highs, which greatly increases the role of factors of technical analysis. At closing, the indices of key European sites registered a decline of quotations within 0.09% -0.19%, the U.S. Dow Jones and S & P 500 rose by 0.76% and 0.07% respectively. Next week promises to be eventful, so in addition to the expected meeting of leaders of countries participating in the euro area, which shall decide on the imposition of an embargo on oil imports from Iran, the attention of traders will be focused on and the next meeting of the Fed, which agency will announce Bernanke's action plan for the near future. Finally, from the macro-economic data, market participants will primarily be looking forward to the publication of statistics on the growth of U.S. GDP up to the 4th quarter of last year.

- Indexes of BRIC countries on Friday closed mainly with the growth of prices. Regional market participants, most of them demonstrated a Friday session in moderate optimism, led to three consecutive completion of the growth of local indexes. As a "bearish" exception was Russia's RTS index, which closed with decrease of half a percentage point, apparently under the pressure of the negative trading in Europe. Throughout much of last week, traders are emerging markets were impressed by the economic data from China. In addition, support for local "bulls" and have a quote of "black gold" that retain a high enough level, despite some easing of political tensions in the Persian Gulf region. Auction on Friday, in general, be optimistic traders confirmed the developing areas, and the result was the increase in day 3 of the 4 indices quartet BRIC, while the best result was recorded on the Chinese Shanghai Composite. Next week, most likely, sites of emerging markets will be influenced by events in the West, which in turn returns a high correlation between indices of developed and developing countries.

- Oil price of Brent crude on the results of the previous session adjusted by 1.25% to $ 110.08. Market players of oil contracts "pushed" on Friday quotes of "black gold" to the levels of the five-day minimum, apparently believing that the risk of a sharp deterioration in the geopolitical situation around Iran, at least postponed to a later period. Notable statements can be called the Greek authorities, demanding significant concessions from the donor in exchange for participation in the oil embargo against Iran. This fact, according to the "Jazz Capital", fully confirms several of theses according to which, in the euro zone no, not that of political unity, but also its individual member states are willing to betray themselves in case the value of an economic union, only to get some the additional wealth. At the same time, analysts of "Jazz Capital" have emphasized the seriousness of the prevailing situation around Iran, when neither the United States against the backdrop of the upcoming presidential election, nor Iran, which could lose its key importers of energy, do not have what is called reverse path. Against this background, "Jazz Capital" believes that the price of oil will remain at current levels, with a temporary decrease in quotations, if happens, will be of short duration.

- Price of the nearest contract for supplement of an ounce of gold, on the basis of the last session increased by 0.79% to $ 1,668.2. Quotes of the "noble metal", as opposed to fellow commodity market, continue to climb confident that allowed almost complete loss of play last December. Price troy ounce of gold, supported by both some good economic data from the U.S. and China, and growing uncertainty in the global economy was still in support of a number of factors and technical analysis, suggesting at least some return quotations "precious metal" to their minimum levels. In the short term, according to the "Jazz Capital", factors that can seriously and permanently stop the growth of gold prices are not expected, in the long term, "Jazz Capital" continues to consider the purchase of "gold" contracts as good investment.

- Major currency pairs of Forex market on the basis of the final session of the week recorded opposite changes. Euro and British pound, having demonstrated growth for 4 out of 5 trading days of last week, on Friday were divided on the dynamics: if the regional European currency, resting in the level of support for the 3-month price range, adjusted, the British pound, after rising on Friday only reached similar to a level. In general, "Jazz Capital" believes that the latest rise in the euro and the pound should be regarded solely as a technical correction in a downtrend, and as a fundamental point of view, the problems of Europe are still far from being resolved, in a short time with high probability new drop of quotations is expected.

This material has exclusively informational character and is not the offer or recommendation to make any transactions with the stocks. IRBIS Agency doesn't take responsibility for the opinions given in this material.

[2012-01-23]