2 December 2015 Market Reviews

Daily Insight

Stat budget law for 2016

Yesterday, the MoF published a draft of the 2016 state budget law, the delay of which has prevented the resumption of IMF lending. The budget process in Ukraine has been mired in controversy as two co ...

ICUDailyInsight-20151202.pdf  (674.6kb)

1 December 2015 Market Reviews

Daily Insight

IMF adds CNY into SDR basket

Yesterday, the IMF formally upgraded the status of the Chinese currency by adding it into the SDR basket. Chinese authorities had been aggressive lobbying for this over the past several years since th ...

ICUDailyInsight-20151201.pdf  (678.4kb)

30 November 2015 Market Reviews

Daily Insight

Liquidity declines insignificantly

Banking sector liquidity fell a slight UAH0.27bn to UAH92.36bn last Friday as total CDs outstanding declined UAH0.78bn to UAH64.86bn while banks' correspondent accounts with the NBU rose UAH0.50bn to ...

ICUDailyInsight-20151130.pdf  (668.4kb)

27 November 2015 Market Reviews

Daily Insight

Retail sales of gasoline in October

Retail sales of car fuels in October showed no improvement in the economy as the monthly volume of gasoline sales (seasonally adjusted) declined both nationwide and in the Kyiv ...

ICUDailyInsight-20151127.pdf  (674.4kb)

26 November 2015 Market Reviews

Daily Insight

Fixed investments continue to decline in 3Q15

3Q15 fixed investments continued to decline in quarter-in-quarter seasonally adjusted terms. While last quarter they declined ...

ICUDailyInsight-20151126.pdf  (675.8kb)

25 November 2015 Market Reviews

Daily Insight

Liquidity reallocated

After four consecutive days of liquidity declining, yesterday it slightly recovered, up UAH0.21bn to UAH90.67bn, including the usual reallocation of funds. Banks' correspondent accounts with the NBU f ...

ICUDailyInsight-20151125.pdf  (672.4kb)

24 November 2015 Market Reviews

Daily Insight

Metinvest’s 1H15 EBITDA falls 63% YoY

Last Friday, Metinvest reported its 1H15 EBITDA to decline 63% YoY to US$620m. The company’s 1H15 revenues dropped 39% YoY to US$3.7bn, and capex was down 57% YoY to US$117m. As of end-1H15, Metinvest ...

ICUDailyInsight-20151124.pdf  (792.1kb)

23 November 2015 Market Reviews

Daily Insight

NBU continues to support UAH

Last Friday, the NBU once again auctioned US dollars, selling US$21.2m out of US$40m in demand. Volume has slowly increased over the past week as NBU continued to sell US dollars to acknowledged banke ...

ICUDailyInsight-20151123.pdf  (675.9kb)