Weekly comment MM Prime TFI  - June 25, 2018

Weekly comment MM Prime TFI  - June 18, 2018

Last week, the global market sentiment improved noticeable. However, concerns about the state of the Italian economy and its new government, as well as the risk of the outbreak of the global trade war were still important for investors. After all, this time the hawkish statements of the ECB representatives were in the spotlight. It cannot be ruled out that next ECB Governing Council meeting will bring a declaration regarding further future of QE – the market expects the program will be completed this year. As a result, the last week’s weakness of the European stock market indices (against Wall Street) and the appreciation of euro were not a surprise. Nonetheless, it is worth remembering that the prospect of the interest rates raises in the Euroland remains remote.

Weekly comment MM Prime TFI  - June 4, 2018

Weekly comment MM Prime TFI  - May 28, 2018