Analytics
Within the whole week US, dollar dominated entire currencies basket. After assessing the most possible scenario for abolishing the ECB's softening economic program, ECB heads began to make
Last week, gold broke through the $ 1,300.00 level, continued steady growth and reached its highest level in 12 months. This was caused by several factors:
On Friday, German index DAX showed an upward movement and stopped at the level of 12142.5, and growth within the day was +0.72%. Data on retail sales and unemployment, had a negative impact on Euro,
Last week Gold kept sideway movement, and on Friday, August 25, on the eve of the meeting in Wyoming, almost did not change in price. Undoubtedly,
Since 3.08, the British pound shows a downtrend. Several factors contributed to this
British currency last week was in a stressful situation. Decline of the trade balance,construction and a reduction in the estimate of GDP growth to 0.2% - all this had a negative impact on the pound
US employment data was published on August 4. According to it, the number of jobs created in July exceeded expectations, and unemployment rate fell from 4.4% to 4.3%. Besides, the level of wages also
Reports from the US raise doubts concerning Fed's plans to tighten financial policy. On Friday, US GDP showed the forecasted data of 2.6%, which indicates the stability of the economy and its
At the ECB's press conference, Mario Draghi noted that "the ECB's Board of Governors is considering a possible policy of tightening financial conditions that could create additional threats to the
On the second day of the testimony for the Congress, the head of the Fed, Janet Yellen, gave a new hope. Positive changes in the economy of the US increased probability of another interest rate raise
