May 3, 2024

STABILIZER + Calendar View

STABILIZDETS is a word that I heard from a friend in relation to the Russian market, but I’ll be honest - it’sthe most ideal word that can be used to describe the current processes around the world.According to our plan, in the morning, you and I mustTo discuss the calendar and what it will present to us today, I will not go far from the topic, and from the beginning I will say that today we will receive the following figures about unemployment in Switzerland, the trade balance of Germany, and, well, in the evening - an important event - oil reserves. But what I would like to discuss this morning has nothing to do with the macroeconomic picture, but on the contrary, this is what makes us characterize the markets today. The main stabilization is that, for example, yesterday during the FMS minutes - it was said that everything was great with the economy, and the markets truly believed that there was evidence, we even received new highs, but today the market was offended. In the morning, America loses from 1.11 to 1.66%, with an overall drop of 5.33%, which is really a lot. The Russian market generally requires separate applause, at the last run, the ruble lost 4.62%, the nonsense is that the Ministry of Finance decided to increase the volume of currency purchases, thereby sharply playing to weaken the ruble, causing a new wave of revaluation of goods and accelerating inflation. The coolest thing is that it will soon be possible to announce a dramatic rate hike, because inflation needs to be fought. A simple question for everyone - have you quarreled with your brains? We live in interesting times, we’ll see, as they say.

STABILIZER + Calendar View

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