The beginning of a new year has been very successful for the investors. There was another week of stock market indices growths. During the whole week, the DJI and the NASDAQ increased by 1%, while the S&P500 grew by 0.9%. In Europe, the German DAX rose by 1.4% and the French CAC40 soared by 0.2%. The bull market has been going on, as well as a recovery of the global economy which is systematically confirmed by the macroeconomic data readings. Last week, the commentaries of the representatives of the ECB and the Fed were in the spotlight. The people from the European bank expressed their concern about the last movements of the EUR/USD.

Weekly comment MM Prime TFI  - January 22, 2018

Weekly comment MM Prime TFI  - January 15, 2018

Weekly comment MM Prime TFI  - January 8, 2018

The last days of 2017 brought small declines in the most important global stock markets. During the whole week, the NASDAQ went down by 0.8%, the S&P500 decreased by 0.4% and the DJI declined by 0.1%. In Europe, the German DAX fell by 1.2% and the French CAC40 deteriorated by 1%. Unlike to them, the British FTSE250 grew by 1.2%. After all, it should be reiterated that the last year was very successful for investors – a bull-market brought new historical peaks on Wall Street and many European stock market indices. There were not a lot of market emotions last week - the economic calendar was not rich. However, it is worth paying attention to the macroeconomic data from the US.