• Global market relief may be short lived

    The unpredictability the North Korean leader remains the main risk factor and this will be reminded to us through out the medium term outlook. of the decisions of the North Korean leader remains a risk factor that can repeatedly remind itself of itself in the medium term.

  • July CPI – the finishing touch to the defeat of the Dollar

    The monthly change in the CPI was 0.1% with a forecast of 0.2%, which completely drove the market sentiment into a general disheartening. There are also “clouds” gathering around the possible December increase.

  • Will the FED turn the attention back to itself?

    A two-day decline in the Gold prices may suggest that some bulls prefer to record profits before the American regulators meeting. Yet, most investors expect “peaceful” comments by Yellen.

  • Is Euro is setting a global trend?

    Yellen’s speech is likely going to pay attention to the inflation halt, external market risks, as well as the White House turmoil. This all calls the promised fiscal stimulus into question.

  • Are the EUR/USD corrections on their way?

    Today the report on PMI activity in Germany and the Eurozone turned out to be worse than expected. Coupled with the sluggish inflation dynamics in the Euro zone and a rather illogical rise after the ECB meeting, this all suggests that the European currency is overvalued and is waiting for corrections.

  • Scepticism is spreading on the Oil market

    The meeting of the Monitoring Committee will be held in St.Petersburg on Monday. Investors will carefully monitor possible Saudi Arabia’s announcements, which may have to reduce the supply by another 1 million barrels.

  • What state is the Oil market in?

    According to the forecast of EIA, shale production in August will increase by about 100K barrels. Comparing the production dynamics in the US and the OPEC countries with unlimited production, the latter significantly contribute to the glut of the market.

  • How much has inflation hit the UK household spending?

    The Pound is declining as the probability of a rate hike is decreasing, after a weaker than expected rise in inflation. The key indicator has decreased to 2.6% with a forecast of 2.9%.

  • Is Canada trying to take the lead in the Oil production?

    Canada has the third largest Oil reserves in the world and is able to increase the hydrocarbon production, jeopardising the implementation of the OPECs agreement aimed to restore the balance on the Oil market.

  • 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.

  • May’s powerlessness in the struggle for power is growing

    The pound is relatively stable despite the possibility of a governmental collapse. The leader of the Conservative party, Theresa May, is likely to step down if she is unable to conclude a coalition with the Democratic Unionist party.

  • Trump denies obstruction of justice in FBI probe

    The president of the United States Donald Trump denied obstructing justice in the investigation of Moscow’s meddling in the US presidential election in 2016. The wave of speculation was triggered by a tweet, according to which the president “had no idea” about the existence of conversation “tapes” with the former FBI chief James Comey, while […]

  • Where is the Euro heading?

    Markets are keeping an eye on the European currency, as there is the potential for global growth. Currently, strong economic data is putting a lot of pressure on the ECB. Where will the Euro lead the growing divergence of the ECB policy and inflation expectations?

  • The Ruble is losing ground

    The Oil quotas began the week with a decline. The net position of the CFTC data decreased moderately from 382.5K to 359K contracts, and the market remains uncertain. The Bank of Russia reduces the key interest rates.