Britain The Supreme Court of Britain recognized stoppage of parliament illegal, and Johnson guilty of the Queen's misinformation concerning the reasons and need of acceptance of such measures. The Prime Minister, in turn, declared the judgment «incorrect» and accused the opponents of capitulat...

So … Fed The rate on federal funds was reduced by 0.25%, the rate on excess reserves − by 0.30%. The market perceived the accompanying statement as too optimistic, although the situation still indicates a slight increase in inflation. The forecast for US GDP growth for 2019 was increased by 0...

Let's start with a fresh fire: On Saturday the world's largest oil refinery company Saudi Aramco was attacked by air drones − this is the most destructive accident in the oil industry of Saudis. Analysts estimate market losses approximately at 5 million Barrel/day, that is about 5% of daily extrac...

On 6 September, the House of Lords supported a bill that prohibits the country from leaving the European Union without an agreement with Brussels. Parliament has decided (options – to demand? to ask?...) to postpone the date of Brexit to 31 January 2020 if an agreement with the EU cannot be reached ...

So … USA The sharp turn of the dollar was «false». Judging by nervousness, Trump is extremely disappointed with results of the policy of trade wars: the president had even to tell lies about carrying out telephone negotiations with China to hold the stock markets from the next disaster. Afte...

Fed and Jackson Hole Donald Trump declared himself the «chosen» Messiah in the struggle for a world economic order convenient for the USA. He needs a weak dollar, but alas, Powell's criticism is the weakest tactic. The Fed protocol was destroyed by one decision of the president, but if Donald (...

Trump The president for the first time this year afforded some concern in connection with the fall of almost all share assets of the USA. On Wednesday Trump organized a teleconference with heads of JPMorgan, BofAML and Citigroup banks for clarification of the reasons of falling of the markets, ...

Italy Matteo Salvini's decision to break the government coalition pursues the banal aim − to use the current popularity of Liga party, but the prime minister Conte refused to resign without a fight. The budget of 2020 became a subject for the conflict: there is no money to reduce the taxes, ...

Painful points of the market only three: FRS Fed, as promised, corrected a rate for 0.25% to the range of 2.00%-2.25% (further decrease is improbable) and also changed correlation in the markets, having tied decrease in a rate to trade wars. The refusal of reduction of balance since August...

The United States refused to regular currency intervention.The ECB kept the stakes, but his American vis-a-vis is more in a forceful mood. The main painful points remain and new solutions to problems have not yet been found.So: FRS As part of the basic program, the Federal Reserve will de...