Igor Kuchma

Despite the fact that Iran fired missiles at bases used by U.S. troops in Iraq in retaliation for the assassination of Qassim Suleimani, commander of Iranian forces, tensions between two countries mysteriously decreased, pushing oil prices down. Meanwhile, Europe continues to present sign of political instability, in particular in France, where strikes against Macron pension […]

Where ends patriotism and begins terrorism? This is the question people are forced to answer just 3 days after the New Years. We have all heard the famous saying “an eye for an eye” but how democratic is it? Two days ago we got the news that the US army killed in an airstrike attack […]

Despite the House’s impeachment of President Trump, which in reality did little to detract from broader economic optimism, the last week was marked by the continuation of positive/bullish trends not only in the U.S. but also in European equity markets. However, it was to be expected for two reasons:  as we learned in 1998, markets […]

Crucial events of the last week  Prime Minister Boris Johnson and his Conservative Party win in the UK elections The United States and China reached phase one trade agreement Central banks left rates unchanged, with the Fed signaling no rate change is expected in 2020 United States-Mexico-Canada Agreement was reached   Macro data of the […]

Last week was marked by a serious of positive and ‘not so’ positive news: U.S. total nonfarm payroll employment rose by 266,000 in November, whilst the unemployment rate remained at 3.5 percent. The Bank of Canada kept its benchmark rate steady at 1.75. The Reserve Bank of Australia also kept the interest rate steady at […]

U.S. stocks took a breather last week, registering so-called “sideway movements”. Thanksgiving Day has not pushed the U.S. President to decline the Hong Kong bill but helped stock markets to finish the week on a positive note in terms of volatility and new record highs. One of the main reasons is good U.S. data including […]

The current global context continues to become grimmer. On one side, we have a trade agreement that is apparently still far from completion and that is despite Donald Trump’s daily attempts to assure the public that “China trade deal is coming along very well”. Whereas on the other side, a growing number of countries show […]