Sergey Ershov / Blog
The past week was influenced by inflation and macroeconomic data, which overall did not provide the market with new guidance...
The past week was influenced by inflation and production data, as well as changes in the geopolitical environment. The releases confirmed moderate economic activity and persistent inflation pressure, providing no clear signal for a shift toward a softer Federal Reserve policy...
The past week was driven by US labour market data and rising geopolitical tensions. The Nonfarm Payrolls report on April 03 confirmed the resilience of employment in the US...
The past week was driven by macroeconomic data from the US and the Eurozone. Preliminary PMI data released on March 24 showed moderate slowing of business activity in Europe and relatively stronger performance in the US, which supported the dollar...
In 2025, the market shifted noticeably from classic currency pairs towards more volatile instruments driven by interest rates, commodities, and geopolitics...
The past week once again unfolded under the influence of geopolitics, as well as market reactions to central bank decisions. The US Federal Reserve kept the rate unchanged, confirming a wait-and-see stance and caution regarding further inflation slowdown...
As expected, the past week was influenced by both macroeconomic statistics and geopolitical factors. The focus was on inflation data in the United States and Germany, however the main driver for commodity markets continued to be the situation in the Middle East...
As we warned earlier, the geopolitical escalation in the Middle East and the strikes by the United States and Israel on targets in Iran led to a sharp reaction in commodity markets at the beginning of the week...
The past week unfolded in a consolidation mode for the US dollar, gold, and a number of other key assets...