What happened in the world of finance in a week # 14
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The previous edition of the information digest can be found at this link .
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Last week began with the weakening of the ruble - on the first day of trading on the stock exchange, the dollar rose above 62 rubles, and the euro - above 70 rubles. However, in the future, a calm geopolitical situation and stable oil prices led to the strengthening of the Russian currency - on Friday, the euro exchange rate on the Moscow Stock Exchange for the first time this year fell below 66 rubles, and the dollar fell below 60 rubles.
From March 6, 2015, the Bank of Russia set the official euro rate at 68.30 rubles. This is more than 80 kopecks. below the previous value. This figure was the lowest since December 27, 2014.
The official dollar rate decreased by only 3 kopecks and amounted to 61.84 rubles.
During Friday's trading on the ICE exchange, the cost of futures for Brent crude for delivery in April 2015 rose to $ 61.03, which is 0.9% higher than the previous day's closing level.
At the beginning of the new week, the price of these futures fell to $ 58.53, and during the trading on Tuesday rose to $ 58.55. This led to the fact that at the opening of trading on the Moscow Stock Exchange on Tuesday, however, the US currency returned to a level above 61 rubles.
The chief economist of ITinvest Sergey Egishyants in his weekly review told about the situation in the energy market:
The euro continues to weaken against the dollar - the EUR / USD currency pair confidently approached 1.08:
At the beginning of last week, the MICEX index rose above 1,800 points for the first time since February 20, the RTS index also showed growth. The growth of oil prices and the strengthening of the ruble allowed the main Russian stock indexes to remain at the reached levels, however, the week ended with their decrease.
ITinvest analyst Vasily Oleinik in his review described the prospects for changing the MICEX index:
Economic commentator at RBC-TV Zhanna Nemtsova talked with the chairman of the board of directors of VTB Capital Asset Management Vladimir Potapov about the current situation in the markets and the opportunities it offers to private investors.
That's all, thank you for your attention. More analytical materials from leading experts on the ITinvest website .
PS If you notice a typo, a broken link or other inaccuracy - write us a personal message and we will fix everything promptly.
The previous edition of the information digest can be found at this link .
')
Currency markets
Last week began with the weakening of the ruble - on the first day of trading on the stock exchange, the dollar rose above 62 rubles, and the euro - above 70 rubles. However, in the future, a calm geopolitical situation and stable oil prices led to the strengthening of the Russian currency - on Friday, the euro exchange rate on the Moscow Stock Exchange for the first time this year fell below 66 rubles, and the dollar fell below 60 rubles.
From March 6, 2015, the Bank of Russia set the official euro rate at 68.30 rubles. This is more than 80 kopecks. below the previous value. This figure was the lowest since December 27, 2014.
The official dollar rate decreased by only 3 kopecks and amounted to 61.84 rubles.
During Friday's trading on the ICE exchange, the cost of futures for Brent crude for delivery in April 2015 rose to $ 61.03, which is 0.9% higher than the previous day's closing level.
At the beginning of the new week, the price of these futures fell to $ 58.53, and during the trading on Tuesday rose to $ 58.55. This led to the fact that at the opening of trading on the Moscow Stock Exchange on Tuesday, however, the US currency returned to a level above 61 rubles.
The chief economist of ITinvest Sergey Egishyants in his weekly review told about the situation in the energy market:
According to Baker Hughes, the decline in the number of active drilling rigs has clearly slowed down - however, over longer periods (from a quarter to a year), the decline continues to cloud: in the past three months, the figure has fallen by 37.3%. While mining in the States is growing, reaching a peak in 43 years: the storage tankers overflowed. Brent stubbornly does not want to correct the latest growth - which is why the WTI has also perked up noticeably; Natural gas in the United States again slipped below $ 100 per 1000 cubic meters.
The euro continues to weaken against the dollar - the EUR / USD currency pair confidently approached 1.08:
Stock markets
At the beginning of last week, the MICEX index rose above 1,800 points for the first time since February 20, the RTS index also showed growth. The growth of oil prices and the strengthening of the ruble allowed the main Russian stock indexes to remain at the reached levels, however, the week ended with their decrease.
ITinvest analyst Vasily Oleinik in his review described the prospects for changing the MICEX index:
Most of the inflation and devaluation of the Russian ruble MICEX index and Russian stocks have already been discounted, but there are still no serious fundamental reasons for further growth. For many, the most liquid Russian stocks, over the past three weeks, investors have seen an increase in volumes, so we can hardly see any current levels of strong growth without correction. The question is only in the depth of correction. The immediate goal correction on the MICEX index are now in the range of 1620-1640 points. As soon as the price closes below the 1730 points mark, the path to the nearest support range will be opened immediately.
Do not forget about the upcoming quarterly expiration, which will take place in the middle of the month. Even if the Russian stock market is kept artificially before it, then after that, what should happen is all the same - at least removing the overbought, at most, a good correction.
What should private investors do in the current situation?
Economic commentator at RBC-TV Zhanna Nemtsova talked with the chairman of the board of directors of VTB Capital Asset Management Vladimir Potapov about the current situation in the markets and the opportunities it offers to private investors.
That's all, thank you for your attention. More analytical materials from leading experts on the ITinvest website .
PS If you notice a typo, a broken link or other inaccuracy - write us a personal message and we will fix everything promptly.
Source: https://habr.com/ru/post/366459/
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