The July labour market report proved once again that you shouldn't trust any preliminary statistics. The ADP report filled the markets with pessimism, but as it turned out, the dynamics of financial instruments at the close of the week was more associated with conclusions on the general situation, i...

It is more and more difficult for European politicians to find an effective compromise, but when the desire of investors to get rid of the dollar and the growing interest in the euro are combined, then the bulls on EUR / USD are practically unstoppable. So far, the euro is supported by an improvemen...

While the world is frozen on the verge of the US-China confrontation and the consequences of the coronavirus, we will venture to shift your focus to what remains 100 days before the presidential elections in the United States. Analysts believe that Trump has practically destroyed his rating, but rec...

The summit of EU leaders can be considered a failure: four days of almost round-the-clock negotiations, including private consultations, did not yield any results. Finland has unexpectedly joined the four northern «thrifty» countries (Austria, Denmark, the Netherlands, Sweden) with demands to reduc...

First, a local sensation: on July 12, the President of the United States for the first time since the pandemic appeared before the public in a medical mask, moreover, stated that «wearing a mighty good mask». Trump also tried to comment on the idea of musician Kanye West to run for President, amid w...

The U.S. House of Representatives unanimously passed a bill imposing sanctions on banks that deal with Chinese officials involved in curbing protests in Hong Kong. The United States is also preparing to impose long-delayed sanctions to punish Chinese officials for human rights violations against Mus...

Investors continue to buy the dollar, fearing that Trump is ready for new protectionism to maintain morale: Canada, the EU and the UK have already received warnings about new trade tariffs. In addition to pandemic statistics, only information on projects to help the American and European economies i...

In the US, a scandal is developing over the book of John Bolton, which will go on sale only tomorrow, but everyone is already familiar with the author’s opinion that «Trump is completely unsuitable for work as president». The former comrade-in-arms began to write a book immediately after his dismiss...

Investors are nervous about the fact that infected people are growing in the USA; Powell said this could damage the current precarious balance in the US economy. The deterioration of US-China relations and riots further overshadow forecasts, however, the more intense the rampant infection, the more ...

So … EU & ECB At the current pace of asset purchases, ECB runs the risk to use a large part of the PEPP program of €750 billion by the fourth quarter of this year, that is, before the negative of the pandemic will be overcome. But ECB managed to surprise politicians and analysts: a program of ...