Weekly comment MM Prime TFI - January 18, 2016
The second week of the new year was marked by high volatility in global financial markets. Initially, the stocks were dominated by bulls. Certainly, better than expected volumes of export and import in China improved the markets’ sentiments. However, the market tone changed on Wednesday. As a result, most important stock exchanges moved towards the south. It was caused by the release of Beige Book which contained the economic outlook for the US. The analysis showed that the recovery might be uncertain.