4 December 2015 Market Reviews
ECB decision jolts FX markets
Yesterday's decision by the ECB to extend its current QE program by a piecemeal approach was welcomed by FX market participants by a kind of havoc. It sent the Euro firmly up, resulting in a rare one- ...
3 December 2015 Market Reviews
US-Eurozone divergence gets new momentum
Yesterday, the widely discussed monetary divergence between the US and Eurozone economies was boosted by two events. First, consumer inflation in the Euro area was reported at 0.1% YoY, just below exp ...
2 December 2015 Market Reviews
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 ...
1 December 2015 Market Reviews
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 ...
30 November 2015 Market Reviews
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 ...
27 November 2015 Market Reviews
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 ...
26 November 2015 Market Reviews
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 ...
25 November 2015 Market Reviews
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 ...