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Analysis | Is the S&P 500 bear market coming to an end?
After bottoming out in mid-October 2022, the S&P 500 index, which includes the 500 largest US companies, managed to recover some of the losses. Looking at the daily chart of the instrument, we can't help but notice an interesting technical situation - the “golden crossing” which took shape this week. What is “Golden Crossing“? The
Analysis | Investment banks predict a strong year for the euro
The past year was dynamic for the euro. In September, it fell to 0.95 against the dollar (the lowest level for the last 20 years), and at the end of 2022, the euro made up some of the losses. The main reason for the recent appreciation in the euro is the approaching end of the cycle of raising interest rates by the Fed. On the other hand, the European Central Bank
Analysis | Markets don't believe the Fed's words, but are there options for action?
The good US inflation data we saw last week has investors questioning the Federal Reserve's plans to raise rates to the stated 5%. From the market movements we've seen since the release of the inflation data, we can tell that the markets don't seem to be particularly interested in exactly where the prime rate will be. It appears to be ignoring the Fed's
Analysis | Where will the oil price go in 2023, what are the predictions?
The past year 2022 was dynamic for the financial markets. All asset classes were under severe stress, with two leading causes - central banks' battle with inflation and the war in Ukraine. It was the Ukrainian crisis that was at the root of the instability of the oil markets in the previous months. Shortly after Russian troops invaded Ukraine at the end of March,