World markets are growing, but without enthusiasm
Markets rose again, but symbolically. There has been some weakening of optimism in anticipation of the publication of the “minutes” of the fed – minutes of the January meeting.
The participants of the global market hope that the meeting minutes will give more insight in the future prospects of monetary policy. I must admit that the overall attitude of the global investment community and global players on wall street today transparent – investors do not expect higher interest rates in the short and medium term, which amplifies their risk appetite.
Most of them are now interested in the plans of the regulator regarding the normalization of the balance of the accounts of the us Central Bank in the current financial year. The January meeting, the fed threw the markets a lot of questions. Today investors and traders will finally be able to get hints and understand how the process will be the collapse of assets in a portfolio of global control of the global economy.
Oil prices on the commodities markets are near peaks in 2019. Only the growth in US production to some extent constrains the rise of raw material costs on the stock exchange. Worries about a possible slowdown in the global economy put pressure on prices is slightly stronger than the overall market expectations. However, significant support for the oil prices continue to exert measures to reduce production by OPEC, and the US sanctions against Iran and Venezuela.
Also yesterday, the energy information Administration US (EIA) announced that it expects to continue production growth in America, which managed to increase from the beginning of 2018, 2%, rising to a record level in history. Now a net exporter of produced 11.9 million barrels of oil per day.
For the Pacific, Southeast Asia and the emerging markets the main trigger has not yet concluded negotiations, the U.S. and China.
In Russia today there will be two interesting events are the placement of OFZ and the message of President RF to the Federal Assembly.
Apparently, the Ministry of Finance will carry out the second placement of “classic BFL”, and without prior notice limit the sale of debt securities of the Russian Federation. I wonder what it will take place against the background of rising market rates on the renewal of sanctions initiatives by the States. However, the Russian Ministry intensified in the market of state loans after “successful placement of the new scheme”. Thus, the Agency decided to offer a global and local investors of the OFZ.
Waiting for Friday with levels on the index of wide market S&P 500 2 828,28 item with a positive reading of the protocols. That’s where we start to open short positions at new highs in the indices is hard to believe.
The head of the analytical Department of the company,
“International financial center”