Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Friday, 16 November 02:47 (GMT -05:00)



Business And Politics News

Russian Stocks Go Down Along With American Indexes


Not so long ago, Russian stocks started going down in value. International experts say that this downtrend was mostly caused by external reasons. In particular, Russia's bigest stock index showed the biggest bearish move since April 2018. Back then, the Russian stock market used to be rather volatile because of the anti-Russian sanctions imposed on Russia by the United States.
 
The other day, the index traded around 2352 points, which is the lowest point since September 17th. It dropped by 2,6% over 24 hours but then recovered slightly. It's interesting to note that all of the economic sector of the Russian stock market turned out to be in the red zone, mostly the stocks from the energy and retail sales sectors. All in all, the overall market cap dropped by as much as 219 billion rubles. 
 
At the same time, other experts say that the Russian market is going down along with the U.S. stock market, which has been dragging down the entire global stock market. Another reason is that oil prices started retracing after a proloned rally. THe Russian economy has always been sensitive about oil prices. NordFX experts report that oil prices have been retracing due to the increased production of crude oil.
 
On Wednesday, NASDAQ 100, S&P 500 and Dow Jones started moving down, with the last one losing over 800 points over the trading day. Asian indexes CSI 300, Hang Seng, Topix, Nikkei 225 and Kospi followed.
 
 
The situations is affected by the fears of an even bigger trade war between the USA and China.
 
International experts say that the U.S. stock market downtrend was also caused by the fears that the trade war between the United States and China may escalate even further. They say that the fears coupled with the recent increase in the U.S. T-bond yields make international investors reduce their exposure to stocks in favor of other assets. Since the bulls are outnumbered, even a small sellout may trigger a downtrend. As for Donald Trump, he says that the downtrend was caused by the Fed's tough monetary policy.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

The world is on the verge of another global race

International experts are commenting on the events taking place over the last few years. In particular, President and CEO of Atlantic Council Frederik Kempe believes that we are nearing another race between the world's biggest superpowers.
Publication date: 07 November 09:02 AM

Trump Wants More Control Over the Fed Since It's Too Independent

Donald Trump seems to have confirmed his authoritarian style of governing the state. If he has his way, he would probably turn himself into a king instead of a president. What are the reasons to think this way about the American president?

Publication date: 31 October 11:46 AM

Google Introduces Home Hub for $149

Google Corporation has released a couple of new devices, including several smartphone and a display named Home Hub. For those of you who don't know, Home Hub was introduced a couple of days after Facebook launched its first gadget - a smart screen. This device is designed to consume audio and video content from certain resources. It support voice control and is adjusted to the user's location. So, what is so special about Google Home Hub?

Publication date: 31 October 10:16 AM

New Sanctions May Drop Russian GDP

International experts are convinced that the near-term prospects of the Russian economy depend heavily on whether the USA expand the anti-Russian sanctions. They say the worst-case scenario is a 2.5% GDP drop.
Publication date: 29 October 11:14 AM

Crude Oil Prices May Reach $100/b

Ever since the United States imposed new sanctions on Iran, other oil exporters have been trying to make up for the decline in the international oil supply. Some experts are now predicting a strong trend all the way up to $100 per barrel. 

Publication date: 25 September 11:51 AM

New Anti-Russian Sanctions Will Slow Russian Economy Down, Kudrin Says

The new package of anti-Russian sanctions is expected ot be imposed by the United States in November. Apparently, this is not expected to become a disaster ofr the Russian economy, but it still may slow down the economic growth in Russia as well as the the flow of foreign investments to the country. This is what ex-Finance Minister of Russia Alexey Kudrin thinks on the matter.

Publication date: 19 September 12:10 PM

Cryptomarket Quickly Recovered From the SEC's Decision

The global market of cryptocurrencies quickly recovered from the downtrend after the SEC decided to ban the creation of Bitcoin ETFs.

Publication date: 24 August 10:00 AM

Ulysse Nardin Watch in Elite Lombard: Quality Dictated by Time

Elite Lombard has been operating in Moscow since 2003. It was founded by a team of experts with many years of expertise in the industry.

Publication date: 21 August 07:47 AM

Trump is Isolating the USA from the Rest of the World

Fareed Zakaria has commented on the content of today's external policy of the United States. He claims that President Trump's ambiguous decisions have been pushing the United States away form the rest of the world.

Publication date: 13 August 11:38 AM

Business Circles Stand Still Waiting for Fed's Decision

On July 31st - August 1st, Washington is to host another FOMC meeting. For those of you who don't know FOMC is a Fed committee. The entire business and investment world is now looking forward to the result of this FOMC meeting. The key question is whether the Fed is going to keep on toughening its money-and-credit policy. The answer will be revealed later on Wednesday.

Publication date: 31 July 12:05 PM