During yesterday’s speech, which leads to today’s inauguration of Biden, future US Treasury Secretary Janet Yellen proposed to act on a big scale in the context of stimulating the economy during the crisis caused by the coronavirus pandemic. As a reminder, last week the President-elect unveiled a plan to support the economy in the form of a $ 1.9 trillion fiscal package, which was…
Pushing off local lows, Brent added about 2% at the end of Tuesday’s trading, closing below $ 56 per barrel, which acted as a resistance. Today, during the morning session, quotes overcame this barrier, testing the zone of $ 56.30. As part of the monthly report…
US Treasury candidate Jannette Yellen has called for big action now to help the world’s largest economy weather the recession caused by the pandemic. This tone of comment, while expected by most market participants, had a positive effect on the markets on Wednesday…
Having started this trading week not in the best mood, the Russian indices returned to growth, accelerating the rise in trading on Wednesday. Moreover, the external background looks rather modest – most of the indices are growing, but unevenly and cautiously, which may indicate the difficulty in the development of an upward impulse due to the accumulated overbought. against the backdrop of…
Global stock markets will resume growth after the inauguration in the United States
January 20, 2021
Global stocks are moving north with renewed vigor as investors digest a speech by Treasury-nominated Janet Yellen, who has called for a massive response to the coronavirus crisis amid low interest rates. We will remind, today will be the inauguration of Biden, who proposed…
The ruble fell in price on Monday amid the aggravation of the geopolitical backdrop, where the detention and subsequent arrest of Navalny led to a prompt negative reaction from Western countries, which started talking about sanctions. Unlike the stock market, which ignored…
On Tuesday morning, purchases of risky assets again dominated the markets. The MSCI Asia Pacific excluding Japan jumped 1.6%, the Nikkei225 climbed 1.5%. In the world press, this growth is associated with the market reaction to strong data from China. However, this is a very tight explanation, because the Chinese data was known a day earlier. Then the markets greeted them in a very reserved…
On Monday, January 18, trading in the ruble ended in the red. The dollar / ruble pair increased by 0.48%, to 73.99 rubles, the euro / ruble – by 0.56%, to 89.42 rubles, the pound / ruble – by 0.63%, to 100.57 rubles … Foreign Exchange Market Trades opened…
Since the beginning of the correction from the highs above the level of $ 57 per barrel, oil has been tending to the $ 55 mark, around which it has been oscillating in recent days, I resist the pressure from sellers as much as possible. Having met support at $ 54.50…
On Monday, January 18, weak multidirectional dynamics was observed in the financial markets. Brent crude oil continued to decline, but kept positions within the range of $ 50-55, which indicates a short-term correction movement. Gold quotes rose slightly, and at the end of Monday trading were at $ 1,835 per troy ounce. The sluggish uncertain dynamics in the commodity markets is likely to last…