Finance

The dollar is growing for the third day in a row, removing the accumulated oversold. However, market participants are in no rush to revise their bearish forecasts for the dollar, which is correcting in an 8-month downtrend. Meanwhile, there are reasons why the currency may reverse this year: First, this week Biden is to unveil a new fiscal stimulus package, which in turn will support a stronger…

Global markets are experiencing increased pressure after reaching recent highs. As is often the case, the foundation of the reversal was laid by the dynamics of the debt markets. Since the beginning of last week, the yield on US long-term government bonds has steadily gone up, rising from 0.9% to 1.12% in 10-year treasuries, i.e. to its highest level since March last year, a rally driven by…

On Friday, the rally continued on the Russian stock market. A “thin” market, that is, a market with a small number of investors and low levels of liquidity, is itself very mobile, so its volatility is not surprising. But buyers have a weighty argument in the form of OPEC + decisions, oil prices rise and the opportunity for Russia to increase production as early as next month. This is what…

Oil began the outgoing year at $ 70 per barrel, to which it has never been able to return. In the first quarter, the market experienced a historic collapse, which ended in April under the $ 20 mark, from where Brent has so far recovered to levels slightly above $ 50, not seen since March. Accordingly, in the end this year, black gold fell by $ 20. The winter-spring collapse in oil prices was…