18 November 2015 Market Reviews

Daily Insight

DTEK’s 9M15 production down YoY, up QoQ

Yesterday, DTEK announced its 9M15 production results. The company’s coal mining declined 26% YoY to 21.4mt, supply of generated electricity fell 22% YoY to 27.7TWh, and electricity transmission volum ...

ICUDailyInsight-20151118.pdf  (793.3kb)

17 November 2015 Market Reviews

Daily Insight

Economy out of recession in 3Q

Per yesterday's preliminary estimate of the last quarter's real GDP change, the economy came out of recession in 3Q thanks to a seasonally adjusted 0.7% increase in the previous period. In year-on-yea ...

ICUDailyInsight-20151117.pdf  (690.9kb)

16 November 2015 Market Reviews

Daily Insight

FX markets likely jolted lower

Last Friday, US dollar index rose 0.11%, underlining the trend of its domination versus other major currencies. The hryvnia crept lower to the dollar amid tight capital controls, sliding 1.81% to clos ...

ICUDailyInsight-20151116.pdf  (663.9kb)

13 November 2015 Market Reviews

Daily Insight

Privatbank restructuring deal

Holders of Privatbank’s 2016 subordinated Eurobonds have approved a five-year restructuring of the US$150m and US$70bn October 2015 issues, with 98.26% voting in favor. The later issue was part of the ...

ICUDailyInsight-20151113.pdf  (738.6kb)

12 November 2015 Market Reviews

Daily Insight

Restructuring settlement day today

The Cabinet of Ministers of Ukraine adopted a resolution on the debt restructuring today in which the old bonds will be replaced with US$11.95bn of new bonds and US$2.92bn of warrants. Although the fa ...

ICUDailyInsight-20151112.pdf  (632.9kb)

11 November 2015 Market Reviews

Daily Insight

UAH flat despite stronger dollar

Although the US dollar (in terms of DXY index) rose steadily in response to last week's positive jobs announcement, the hryvnia was rather stable. The dollar index added 0.32% to 99.293 points, very c ...

ICUDailyInsight-20151111.pdf  (675.3kb)

10 November 2015 Market Reviews

Daily Insight

Liquidity falling

Total CDs outstanding fell UAH2.66bn to UAH66.36bn yesterday with no reallocation of funds. Meanwhile, banks' correspondent accounts with the NBU slid UAH0.37bn to UAH18.47bn, causing banking sector l ...

ICUDailyInsight-20151110.pdf  (666.6kb)

9 November 2015 Market Reviews

Daily Insight

Disinflation of natural gas tariff

Consumer inflation last month fell 1.3% MoM mainly due to the contribution from the natural gas tariff which was reduced last month this tariff to decrease the cost of heating gas for household consum ...

ICUDailyInsight-20151109.pdf  (670.4kb)