Greed/fear index The main economic event on Wednesday, of course, was the decision of the US Federal Reserve on the interest rate. The forecast assumed that the rate would remain unchanged at 5.50%. Here's what we wrote about it in the...
Conclusions Turkmenistan is a secular, unitary republic of the presidential type. The actual form of government is an authoritarian dictatorship. Turkmenistan is characterized by strict Internet censorship and has the status of the country...
NEWS/INVESTMENT EVENT "Preferential mortgages for new buildings have ended in Russia" "A long period of tight monetary policy" The overheated primary housing market has lost preferential mortgages, as well as a drop in overall demand amid...
Greed/fear index The main economic event on Monday was the traditional lack of news. However, markets are rising 90% of the time in the absence of serious news ahead of the Fed's two-day policy meeting, which begins today. Any signals...
Conclusions GDP per capita increased 2.2 times from $2,770 in 1991 to $6,087 in 2023. The average GDP growth since 1991 was 2.5%, which is slightly higher than the average for the CIS countries of 2.3%, and significantly higher than the...
Greed/fear index The main economic event on Friday was the publication of data on the basic and general price index of personal consumption expenditures for June. It was expected that the growth of the basic and ordinary indices in monthly...
Conclusions Lithuania is a member of the European Union, which allows it to gain significant advantages in trade relations. The consequence of this is the dependence of the country's economy on the service sector, which is reflected by a...
NEWS/INVESTMENT EVENT "In the second quarter, the country's GDP grew by only 4.7%, which turned out to be lower than expected" China's economic growth below analysts' expectations brings risks to the stability of commodity asset prices....
Greed/fear index The main economic event on Thursday, of course, was the publication of preliminary data on the dynamics of US GDP in the 2nd quarter. The forecast assumed that GDP would grow by 1.9% in annual (quarterly growth x4) terms....
NEWS/INVESTMENT EVENT "CIAN's profit for the 1st quarter of 2024 increased 3.5 times compared to the 1st quarter of 2023 and amounted to 743 million rubles." "CIAN will formulate a dividend policy after the completion of the restructuring"...
Greed/fear index The main economic event on Wednesday was the publication of preliminary data on the business activity index (PMI) in the US services sector for July. The forecast assumed that it would decrease from 55.3 points in June to...
Greed/fear index The main economic event on Tuesday was the publication of data on sales in the secondary housing market in the United States for June. The forecast assumed that sales would decrease from 4.11 to 4.00 million units. Here's...
NEWS/INVESTMENT EVENT "Transneft's net profit according to RAS fell 2.4 times in the first half of the year" "Transneft's 1.5 trillion rubles investment program in the next 5 years" The growth of the investment component may put pressure...
Greed/fear index The main economic event on Monday was the traditional lack of news. Under these conditions, investors returned to rising mega-cap stocks, which helped the S&P 500 and Nasdaq indexes recover from their worst weekly...
Conclusions Latvia is a member of the European Union, which allows it to gain significant advantages in trade relations. The consequence of this is the dependence of the country's economy on the service sector, which is reflected by a deep...
NEWS/INVESTMENT EVENT "China's PMI indicator is below 50 for the second month in a row" The lack of concrete signals for the adoption of measures to stimulate the Chinese economy following the results of the third plenum of the CPC causes...
Greed/fear index The main economic event on Friday was the chaos associated with a global technical software glitch, which added uncertainty to an already anxious market. Technological disruptions disrupted operations in many industries,...
Conclusions In terms of the share of the public sector in the economy (39.3%), Belarus is very similar to Russia with its 40.6%. But unlike Russia, Belarus has always kept enterprises in state ownership and supported them in market...
NEWS/INVESTMENT EVENT "Completion of a preferential mortgage and the Central Bank rate" The completion of a preferential mortgage at the same time as the growing trend for rate increases will significantly reduce the number of mortgage...
Greed/fear index The main economic event on Thursday was the publication of the Philadelphia Federal Reserve's index of manufacturing activity in July. The forecast assumed that it would grow from 1.3 points in June to 2.7 in July. Here's...