Daily Market Review

Daily Market Review Oct 4th

Recent announcement made by Draghi was appreciated by the Euro bulls. Once again everybody heard about ECB readiness to continue holding the key rate on the historical minimum. More over according to Draghi at the last meeting there was even incremental downgrading discussed, but meanwhile there’s no necessity in it. He also didn’t exclude a […]

Daily Market Review Oct 2nd

OVERVIEW Key Decision on the value added tax has been made in Japan. Japanese prime minister reported on Tuesday about raising it up to 5%. The long term goal is the same as before: 20% to the year 2020. Japan simply has to raise the tax. Budget deficit of the economy is growing and approaching […]

Daily Market Review Oct 1st

  OVERVIEW The Senate and Congress of the USA couldn’t reconcile a budget. In a new financial year, which starts on October 1, USA has no budget, and government institutions enter the year without funding. On the eve of the fateful decision in the Senate and Congress president of the US Barak Obama performed with […]

Daily Market Review Sep 30th

OVERVIEW French authorities have presented a budget project for the next year. In spite of overall indignation, tax growth is going to continue. At that even now general level of taxation in the Fifth republic is the highest in the EU. For instance, the maximum rate of income tax constitutes 75%, even though the initiative […]

Daily Market Review Sep 30th

OVERVIEW French authorities have presented a budget project for the next year. In spite of overall indignation, tax growth is going to continue. At that even now general level of taxation in the Fifth republic is the highest in the EU. For instance, the maximum rate of income tax constitutes 75%, even though the initiative […]