Today, the policy of ECB, as a financial regulator, is connected to inflation values. It seems that everyone knew about it before Draghi's speech; however, judging by the market response, it was nearly for the first time that everyone understood the real «horror» of this condition. The sensation tha...

Last week was quite volatile, and now the market needs a break for rebuilding of the leading trends. Europe is expecting not only QE parameter details but also the decision from ECB meeting on the reversion of rights to Greek banks for pledging of bonds against centralized loans. Again, we can see a...

Regulators' favorite policy - supporting demand through loans continues the process of active ruination of economy. The growth of debt load, overdue debts, the lengthy decline, expensive dollar in the midst of cheap resources and, as a result, a new period of easing and printing new money that has b...

Last week, quarterly inflation report pushed GBP/USD above key levels, but again, the regular logic is not applicable to the royal pair. Judging by the Governor of the Bank of England's comments, pound will go its own way, and is not going to decrease its rate along with everybody else. Contrary to ...

While the purchase of European assets is discussed on the markets with the careful positive, yen's new nervous response to American reports brings doubts again as to the effectiveness of such policy for Japan. The Japanese model of economic growth has never placed stakes on consumption, and, for man...

The idea of issuing debt obligations as a remedy for the standard of living decrease came into existence more than 30 years ago. If a country spends more than it can collect in the form of taxes, then borrowed funds are used for financing of social programs. That is always served under the guise of ...

Judging by the rapid devaluation of euro, the trust to the last ECB argument is minimal. Purchase of bank bonds with negative profitability will not save the economy, and will not cause structural changes, although stock exchange assets will grow. Draghi is trying to buy time, postponing real decisi...

It has been a long time since the financial world has experienced such a shock. Long-time trust to franc as the reliable protective asset was undermined by the regulator's "pirate" activities. As early as on last Monday, retention of euro balance was the basis of the monetary policy, then on Thursda...

The market is still proving that no economy can be adapted to a scenario that is suitable for everyone. The year that began was advertized as the year of modification of interest rates and monetary tightening; however, some factors keep on emerging successfully shifting main issues to indefinite ter...

New goals are caused by old problems. The year that passed under the banner of US dollar strengthening reflects logically aggressive policy conducted by Europe and Japan. Closed and self-sufficient American economy will be quite able both to handle dollar growth and the upcoming rate increase, and t...