The November report on the US labour market came out worse than forecast (confirmed the baseline scenario), although the drop in unemployment levels partially offset the negative. In terms of the upcoming Fed decision, this report is not bad enough to increase and not good enough to reduce the size ...

Biden's victory spurred the growth of commodity and export-oriented currencies against the dollar, as the financial and political world hopes for an end to the trade wars. However, Trump still has time before the end of his term, and his administration will have time to implement several decisions t...

USA Time for Trump's psychosis and cheating to refute the election results is coming to an end we are waiting for Joe Biden's formal statement about moving to White House. Donnie disagrees with the failure of the election, but his ambitions are grandiose. Trump intends to fight for a Republican...

The much-touted high potency of the vaccine from Pfizer and BioNTech has had more positive impacts on the markets than one might imagine, but being overly optimistic today could be a big failure tomorrow. If further trials of the vaccine show weaker results and/or difficulties arise in its productio...

Trump lost the battle for a second term, but this is his fault. Even if we take into account that the average American voter is indifferent to foreign policy and almost does not notice economic reforms, the country did not forgive the president for the failure of the fight against the coronavirus (2...

From the events of the past week, we note: ECB & Euro The policy remains unchanged, but public documents indicate the possibility of adjusting monetary stimulus at the December meeting after the formulation of new forecasts and a reassessment of the risk balance for the outlook. Lady Christin...

A «soap opera» is underway to reach an agreement on a fiscal stimulus package involving the Trump administration and Democrats. Promises of a compromise have supported the US stock market for quite some time, which was beneficial to Trump. However, Speaker Pelosi's statement about the lack of full a...

So … Brexit The downgrade of Britain's global rating by Moody’s agency confirms the complete failure of the foreign and domestic policy of the Johnson government. As expected, the EU leaders' summit decided that the current progress is not enough to start the final «tunnel» negotiations, the ...

Markets did not react to the publication of the FRS protocol, although the document can be considered quite aggressive. Nevertheless, if Congress passes a fiscal stimulus package, it should be borne in mind that the Fed's policy may be more stringent than investors currently expect. Trump's behavio...

So... USA September NFP came out mixed, with below-forecast job growth offset by falling unemployment rates. However, this is a double negative for the market, as the slowdown in the rate of return to work harms the stock market, and the fall in unemployment rates does not allow counting on ne...