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18.03.2019 11:08
Brexit: Long partings mean a lot of tears
The Parliament of Britain did not support the draft of a divorce with the EU according to May's scenario, but voted for lack of Brexit without commercial agreement and supported the Prime Minister in a delay of the date of an exit. May reasonably «tied» the term of transfer of a key event to...
11.03.2019 11:01
Who breaks, pays: the market in search of a compromise
China promises much, but guarantees nothing. Sufferings on Brexit remain in the center of attention. The ECB decided not to wait for Draghi's successor, but all key solutions of the euro regulatory were worse than market expectations: instead of the start of 4-year TLTROs-3 are announced...
04.03.2019 10:51
Cui prodest: the market adjusts global targets
All the pain points of market remain, but they are being offered a new treatment. ECB The upcoming meeting is the joker of the week. Insiders have long been talking about the ECB’s readiness to announce the launch of new rounds of LTROs and the market is waiting for formulations that gu...
25.02.2019 10:50
Walls, duties, blackmail: local purposes as a priority
China begins a war with neighbors; May hopes to save Brexit, and the EU − reputation. FRS The protocol of FRS was hawk concerning rates, but more loyal in a balance subject. The growth of dollar turned out short-term because of weak statistics especially as forecasts for GDP growth are ...
18.02.2019 10:47
Under the sign of Trump or who the dollar is afraid
The auction for the Mexican wall, the Irish border and the European cars continue. As expected, May suffered the next defeat in parliament during the vote for the mandate on the change of guarantees of Britain on the support of border with Ireland at negotiations with the EU. The Prime Minis...
11.02.2019 10:37
Trade in fear returns to the market
The USA and China are far from the agreement; Trump continues the war with OPEC. Financing of the U.S. Government comes to an end on 15 February. The U. S. Congress holds active consultations, but there is no positive news to Trump yet. The revolt in the ranks of own Republican Party reduce...
04.02.2019 10:58
Fed vs Dollar: a game without trumps
NFP left confidently strong; there is no positive on Brexit, as well as progress in a trade war with China. Tomorrow Trump will perform with one more show in the Congress. After the meeting of FRS, even oil decreased on suspicions that the real situation in the USA is much worse than the act...
28.01.2019 11:28
A market without positive: prevention is better than cure
Optimists try to manage the market, but their efforts are not effective yet. ECB … kept formulations regarding the rates until the end of summer; Draghi was full of optimism and preferred to speak about geopolitical, but not the European risks. Briefly: labor market grows in the c...
21.01.2019 12:16
Attention! The market comes out festive hibernation
May tries to save Brexit, and Draghi prepares a new portion of false optimism. The market comes out festive hibernation. So: USA The decrease in GDP of the USA in 1 quarter for 0.5-0.7% is the most modest assessment of the negative consequences of stress for the Congress. Trump has to...
14.01.2019 11:24
Under the sign of Brexit: the form governs contents
Trump is not ready to admit defeat. But we are waiting for the signal for a new financial catastrophe from London. The market quietly perceived the protocol of FRS, Powell's performance on Thursday was more balanced, than a week before, market expectations on increase in rates slightly grew....