/IRBIS, January 19, 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 19, 2012.

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

- The past session at the American and European markets ended mostly with growth of indices. The successful placement of bonds by Germany and Portugal, mixed economic data, as well as a good corporate record of one of the largest U.S. financial institutions Goldman Sachs - are key factors that ensured the growth of the western areas. The regular placement of state bonds in the eurozone, ironically, coincided with the dates for two entirely different in terms of the current economic situation of countries - Germany and Portugal. If the first is the leader of the EU, the second front in recent years is characterized by "weak link". Nevertheless, both countries have very successfully managed to get a new batch of foreign loans, while market demand is much higher than expectations. Economic statistics, coming from the United States was ambiguous, so the volume of industrial production last month increased by only 0.3%, while analysts had expected an increase in rate is not less than 0.4%. At the same time, indicators of inflation suggest the preservation of stability indices, amid speculation that a possible QE3 is very handy. Finally, Goldman Sachs, to report the income slightly below the preliminary forecasts, was able to show the level of net profit of more of the same predictions. Thus, the reporting financial institution only added uncertainty of markets. Following the session, the key European markets closed higher to 1.15%, while the French SAS40 corrected by 0.16%. The U.S. Dow Jones and S & P 500 finished the day with increase of 0.78% and 1.11% respectively.

- The indices of BRIC countries on the eve have closed with the majority of the growth of prices. Regional traders on Wednesday continued to regain good stat. data from China, in addition, support for emerging markets, of course, continues to provide and the price of oil. It is worth noting the speech of the World Bank, who said Wednesday that emerging economies, it is obviously necessary to prepare for the implementation of the worst scenario in the backdrop of the crisis in the euro area, however, traders are emerging markets with the statement, in fact, ignored. There is also the fact that since the beginning of the year show a greater increase in this area quartet BRIC (against key Western indices), which indicates a sufficient level of confidence among the regional players. Today's premarket before the opening of sites of emerging markets is estimated by "Jazz Capital" as moderately positive, trading in Asia observes mainly increase in the local indices.

- Oil price of benchmark Brent crude on the results of the previous session adjusted by 0.53% to $ 110.6. Quotes of the "black gold", after two days of fairly good growth during the last session of the newly risen, reaching levels at 5-day high. However, the afternoon was lower, which in the opinion of "Jazz Capital" with high probability was due to the fact that the EU authorities have proposed to impose an embargo on imports of Iranian oil no earlier than July 1. Thus, the escalation of the conflict, with its possible transformation into armed clashes between U.S. and Iran, at least postponed. Market players, oil contracts, used the difficult geopolitical situation in the region as a key driver for purchases, now somewhat reduced pace, leaving quotes "black gold" without the necessary "feeding" the last days. Despite this, analysts "Jazz Capital" do not expect a substantial reduction in oil prices, moreover, the prospect of putting players in raising at $ 110 per barrel at the moment seems unlikely.

- Price of the nearest contract to supply an ounce of gold, on the basis of the last session increased by 0.36% up to $ 1,658. Quotes of the "noble metal", which began trading day with correction, already in the second half of the day completely corrected the situation, being able to finish the day above the level of $ 1650 per troy ounce. Thus the assumption of "Jazz Capital" that the oil prices in the short term, obviously, will long remain above $ 1,600 received further confirmation. Long-term growth prospects of the gold prices are still valued by "Jazz Capital" as "positive", while at the same time to improve, after the fall of last year, the volatility quotes "precious metal" until it can form a stable long-term uptrend.

- Major currency pairs of Forex market on the basis of the previous session recorded increase in prices. Euro and British pound, responded positively to the successful deployment of German and Portuguese liabilities have risen in value for the third time in a row. In addition to easing some of the fundamental voltage support for the "bulls" of the currency market also has a situation in terms of technical analysis, which assumes a broken-off of those lows that were reached at the end of last year.

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.

[2012-01-19]