Igor Kuchma

For a long time, BRICS meetings were viewed as little more than symbolic gestures — countries would gather and issue bold statements that made headlines, but little progress would follow. However, interest in the organization has skyrocketed recently. Countries such as Azerbaijan, Turkey, and even Malaysia, Zimbabwe, Thailand, and Sri Lanka have expressed a desire […]

Recently, the co-founder of Tesla, X, and SpaceX, along with four other companies, has been in the headlines — not so much for his technological breakthroughs as for his political activities. This is unusual for someone of his stature. Can you imagine Steve Jobs, Mark Zuckerberg, or Sergey Brin campaigning for a presidential candidate on […]

At the last meeting, FOMC members voted to review monetary policy, as expected. What was surprising, at least to analysts, was the magnitude of the decision to cut rates by 50 basis points immediately. Typically, the Fed opts for such a move when the economy is on the brink of crisis. However, based on the […]

Common sense suggests that financial markets reflect the state of the economy: when things are going well, assets should soar, and vice versa; when downturns are on the horizon, risk appetite should fall, as well as the EUR/USD pair. If this were true, we could easily predict how markets will move and how to make […]

In the lead-up to the FOMC meeting, most analysts expected the Fed to take its time and start by lowering rates by 25 basis points. However, the regulator surprised with a more aggressive cut. Usually, such a move would indicate growing economic problems, increasing the risk of a recession or even a financial crisis. However, […]

At the end of last week, market expectations unexpectedly changed: investors now expect the Fed to cut the Fed Funds rate by 50 basis points instead of the usual 25, which triggered demand for risky assets. To be more precise, the S&P 500 finished the week growing 3.4%, the Nasdaq more than 5%, and gold […]

The situation in the Middle East does not seem to be easing, and the Federal Reserve is on track to lower interest rates. It seems that everything points to the dollar continuing to lose ground. Some even argue that increased trade agreements between some countries in their local currencies will further weaken the U.S. dollar […]

August may not have started very well, but it ended on a high note: Stoxx 600, DAX, and Dow Jones reached record highs just before the expected Fed rate cut. Macroeconomic data, such as the upward revision of second-quarter GDP, suggesting that the economy remains robust with little risk of recession, boosted the upbeat mood. […]

Recent developments suggest that the Federal Reserve may finally tighten its monetary policy, translating into a rate cut in September. The main question now is how big the regulator’s move will be. What is the reason for this expectation? First, the July FOMC meeting minutes showed that most members believed that if the data stayed […]

Looking at last week’s market close, it is hard to believe that everyone was talking about an impending recession and imminent collapse at the beginning of the month. A couple of positive macro reports were all it took for optimism to pick up: the three major US indices – the Nasdaq Composite, the Dow Jones, […]