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...

The result of Powell and Mnuchin's speeches in the US Congress can be considered the intensification of negotiations on new fiscal stimulus, which could give $1-3 trillion. to restore the economy. Trump has publicly agreed to $1.52 trillion, the final Democratic bill is demanding $2.4 trillion, but ...

So, … FRS Federal Reserve will not tighten monetary policy until US returns to its highest employment and inflation rate of 2%. There is still no understanding of how strong and for what specific period inflation should exceed 2.0% for the Fed to begin discussing the feasibility of raising rat...

The main pain points of the past week: Britain The Johnson government has submitted a draft Internal Market Law to parliament for parliamentary consideration, keywording of which violates Britain's commitments to the EU already enshrined in the Brexit agreement. In particular, this applies to ...

The S & P500 plunged 3.5% amid a collapse in tech stocks: Apple declined 6.6%, Tesla declined 7.7%, Nvidia declined 9.3%, and Dow Jones lost 0.56%. These problems have not yet caused significant volatility in related markets, with the exception of active oil futures: on Friday, WTI and Brent lost mo...

Let us recall the important events that the markets «pleased» us with at the end of last week: Powell's speech at the Jackson Hole Summit The head of the FED announced a change in priorities and adjustments to the goals of the Fed's dual mandate on inflation and employment. Now the FED will fo...

Despite 3 million people infected with COVID-19 and the trade war with China, the presidential election is the main informational topic in the United States. Coronavirus briefings simply disappeared. For Trump, the state of conflict with states, politicians, journalists or business is a completely c...

Let's note only the key points: USA Negotiations between Republicans and Democrats on a new stimulus package have suffered another fiasco. Democrats are demanding that mail-order funding be included in the stimulus package, something Trump is trying to prevent. Donald believes that the speaker...

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...