• Did FED play the Dollar?

    The Federal Reserve left interest rates unchanged at a meeting on Wednesday, but admitted that there will be a third increase in December, despite the inflation problems in the US.

  • The Dollar is back on growth track. But for how long?

    It is unlikely that growth of new short positions will happen before the Friday’s inflation data. The decline in global risks has prompted investors to take interest in risky assets, forcing part of open sales to be closed against the Dollar.

  • Crystal clear on the outlook, vague on measures

    Despite the rumours about the overly strong common currency, Draghi did not involve himself in talking down its growth.

  • Dollar is trying to take authority back

    The FED can not bring the inflation back to a comfortable level and investors have realized that the regulator might want the labor market to deliberately overheat in order to understand, where the Phillips curve will work again.

  • The markets are taking a hit with the North Korean situation

    The threat of a military confrontation on the Korean peninsula has provoked a rise of risk on the world market. Stock markets of Europe and Asia went deep into the red zone.

  • Highlights of the Jackson Hole meeting!

    It seems as if the FED head used the Jackson Hole platform for “justification”, speaking in defense of his own post-crisis reforms, free trade, globalization. Take a look at all the main points that were presented at the meeting.

  • Are the markets ready for the meeting in Jackson Hole?

    The need for new solutions and fresh ideas will push Draghi towards radical changes. Including the reduction of the bonds purchases.

  • What surprises did the Central Bank executives have for the investors?

    To investors great regret, Mario Draghi refrained from discussing monetary policy in the speech at Jackson Hole, however, from the Federal Reserve head Janet Yellen, we could expect more constructive comments.

  • What happened to the two majors?

    The common currency jumped more than one percent after Draghi’s speech at the ECB forum, which strengthened some expectations.

  • The markets seem to be cooling down

    The Risk attitude in the global market is very “friendly”, as VIX went below 10 points – a historical record of calm. Gold and the Japanese Yen are trading in the red zone despite the weakness of the US currency.

  • The European currency is on a hike

    Investors hurry to take a comfortable position about the Euro before the ECB makes a global turnaround in the monetary policy. On Wednesday, the common currency is going to test the level 1.14.

  • BoJ’s comments weight on yen, while euro is stable on ECB’s economic outlook

    The yen trimmed gains, following the comments of BoJ’s official Kikuo Iwata, raising doubts over the central bank’s need to raise interest rates in order to bring down the policy divergence to normal levels. “I absolutely do not think it’s time to begin stimulus cuts by raising rates”, said Kikuo Iwata, speaking on a business […]

  • Pessimism on the Oil market is growing

    Oil prices resumed their declines after a 5% drop on Wednesday, as the EIA reported an increase in the commercial inventories of the US. Meanwhile, the ECB keeps the rates unchanged.

  • Aussie soars on upbeat GDP data

    The GDP of Australia rose 0.3% in the first quarter, in line with the forecasts. The country took the lead from the Netherlands for the longest period of continuous economic growth.

  • EBC is seeing the EUR in a new light

    After Trump’s elections, the political factors seems to have outweighed the FED. If you carefully consider the investors’ reflation rate, which caused an unprecedented increase in the American assets, it seems that the Keynesian theory is taking place.