Iran Yesterday, Iran announced its refusal to comply with the nuclear agreement, and US Secretary of State Pompeo believes that now any steps against Tehran can be considered «legitimate.» The killing of Qasem Soleimani increases the likelihood of direct military action in the region. Sanctions...

Euro The EU in the tariff war with the United States intends to drag out time until spring. Euro-asset volatility is underestimated, and risk-related assets are too expensive. The loss of investor interest in US stocks amid a slowdown in the US economy, lack of support from the Fed and overbought S...

USA Alas, in 2019 the dollar lost such trumps as the FRS's aggressive monetary restriction, but the weakness of rival currencies, the reduction of foreign trade deficits, and the S&P 500 rally did allow it to feel confident. The American show «Impeachment» is developing in a depressive scenario...

Philosophers believe that «A wonder lasts but nine days», but the events of the past week will be enough for the financial markets for a long time. So… Pound & Brexit The Tories received the necessary majority in the lower house of the British Parliament, so the opinion of the Eurosceptics on the ...

The November NFP is surely strong, the growth of jobs by 307К even after the end of the General Motors strike confirms the correctness of the FRS 's policy of «patience». The report caused fixing of positions of speculators on dollar shorts though influence of these statistics will be short-term: th...

For the first time in several months, dollar-related events do not exert strong pressure on the current market. So … Brexit Johnson is ready to pay his premiership for Brexit: he once again made a promise to withdraw Great Britain from the EU on time. This is a more reasonable statement, which...

Fed & Dollar Trump was optimistic after meeting with Powell and Mnuchin, but the markets did not believe this, because Jay reported first and there was much less positive in his assessment of the conversation. The Fed’s press release confirmed that Powell’s comments were identical to his statem...

FED Powell said nothing new in two rounds of reports before congressional committees. On 20 November protocol will clearly be hawkish with the view of most FRS members that this rate situation is optimal to offset external risks to the US economy's prospects. In the text of the document we are ...

Even the most favourable decisions cannot be considered final, although a strong impetus for risk appetite at the end of the year is guaranteed. USA - EU Trump promised to decide on increasing duties on EU auto imports until November 14, which is one of the key drivers for the dynamics of the ...

The Fed adjusted the parameters according to the forecast, but in general FRS's rhetoric turned out to be hawkish. The assessment of economic growth is positive, there is a high rate of household expenditure, the assessment of the labour market and inflation has remained unchanged. Powell believes ...