Last week, stock and raw materials markets still operated due to the new perspectives of the expansion of the ECB's stimulus measures and those of the Bank of Japan, as well as due to the progress in numerous negotiations of the oil producing countries. US dollar grew stronger against euro...

The outgoing week produced a new chunk of information regarding the ECB's intents, nervous statistics from Asia, weak American data, and new oil speculations. The market was in turbulence searching for reliable factors and was not able to find anything better but rather continued the panic...

Finally, this dangerous week, when all the news seemed bad, has ended. A new panic caused by the fall of yuan exchange rate and the collapse of Chinese shares is going on. There are no strong fundamental reasons for termination of the stock exchange panic yet. Perhaps, it has been twenty ...

The December market, in general, showed little response to the raise of FRS rate: companies consolidated profit for embellishing their reports. Last year ideas have not lost their relevance, we should expect opening of long positions in US dollar in January. Moreover, there are enough of r...

Overall disappointment from the qualitative easing programs can be considered as the main market result of the year. Actions taken by ECB remained unnoticed because of empty rhetoric and political crises, the increase of US interest rates became the regular protection of image, and despite...

The market has got what it wanted: FRS produced an account unanimously. The federal funds rate range was raised to 0.25%-0.50%. We can close up business and celebrate Christmas. It is only that Japan, China, and oil remain small irritants before the holiday. Global economies are shaping the course...

FRS target reference points have not been achieved by the date of the main decision of the year. Wrong time and bad fundamental background have been selected for rate increase: yuan devaluation, defaults of raw material companies and fall of securities markets, decline of oil prices towards the le...

The phrase "if the conditions allow" is becoming a universal argument for problems and the basis for their resolution. Last week, manipulation with expectations resulted in massive losses and strong adjustment not only of currency but also of stock interests around the world. US dollar index fell by...

The market has opened the most important period of the year. Expectation of the ECB's meeting results are clearly overstated: real solutions may disappoint speculators under the current economic indicators and dissentions in ECB. At the same time, stakes on dollar with reagrd to futures continue in ...

The main ideas of the previous week have been completed. FRS and ECB did not knock down general tendencies. FOMC protocols were simply under obligation to show the officials' desire to raise rates in December. However, something went wrong. The Committee is evasive, it is in doubts, it leaves loopho...