27 February 2015 Macroeconomics

Economic Insight

Ukrainian FX in freefall versus peers

Corrected: front page chartUpon close analysis of available data from the BIS and

ICUMacroInsight-20150227.pdf  (446.2kb)

20 February 2015 Macroeconomics

Economic Insight

Economic activity: Recession lengthens, deepens

Because the Minsk 2 ceasefire agreement appears to have failed (or was just tactical manoeuvring by both sides), we expect prolonged Kremlin aggression towards Ukraine in the economic, information and ...

ICUMacroInsight-20150220.pdf  (280.1kb)

13 February 2015 Macroeconomics

Economic Insight

Minsk 2: Macroeconomic background

In a second attempt by Ukraine (supported by the West) and the Kremlin to stop the Donbas war, there is a great deal of uncertainty whether the key sides--Ukraine's leadership and the Kremlin--will fu ...

ICUMacroInsight-20150213.pdf  (388.1kb)

6 February 2015 Macroeconomics

Economic Insight

Hryvnia prospects appear distressed

FX rate. Yesterday, the NBU committed to liberating the hryvnia to trade on the FX market in accordance with true market principles, i.e. free floating. While the currency closed at 22.645/USD ...

ICUMacroInsight-20150206.pdf  (235.8kb)