Wednesday May 25, 2022

The price of oil has been weakening for years, the koruna and the dollar have weakened

Investments in the action nev. For the first time in the US economy, US government bonds are strengthening. The US dollar is weakening and the price of oil has been rising since the week. The unexpected decline in Norwegian orders or long-term consumption and the fall in the number of homes sold have raised concerns that the US economy is in recession.

On Monday, the US saw a very positive first, when investment bank JP Morgan Chase raised its offer to take Bear Stearns from the original two dollars to ten dollars a share. In addition, the price offers can reassure the dissatisfied Bear Stearns stock, which has often invested its entire disputes in the Bear Stearns stock, and will greatly help carry out the entire deal.

The whole deal follows the bank’s critical liquidity problems, which, after a massive outflow of funds from its creditors, was unable to finance its activities and had to seek the help of the US Federal Reserve. After the announcement of the offer price, the shares of Bear Stearns shot up by more than 100% on Monday and to 12 alarms.

The positive mood spilled over to other stocks, and on Monday the main US stock index closed the S&P 500 by 2.4%. However, stock markets around the world are very small, we do not see any significant movements this week. The stock market is moving at 1,500 points in the middle of the good trend channel.

Vt chart HERE

In the US, there were several very bad economic ones at first, as a result of which the US dollar again sharply weakened the sweat, which it managed to strengthen last week. The new consumer yard reached its worst level since March 2003, and house prices fell by a significant 11.2% in January. The dollar weakened against the euro from 1.541 to $ 1.563 per euro.

On Wednesday, the dollar continued to weaken, with the evening hovering at $ 1,576 per euro. The reason was more favorable from the German economy at first, when the regular results of the IFO index, which is among other than seven thousand German companies, were published. According to this survey, the index of the current economic climate surprisingly rose from the national 104.1 points to 104.8 points, which is a result of the current analysts, who hid with its fall to 103.5 points.

Vt chart HERE

Nmeck ekonomika nabr na sle
Even after all the problems in the financial markets, a strong euro and record oil prices. These results are supported by the European Monetary Bank’s written monetary policy, which has been keeping rates at those percent since mid-last year and, unlike the US Fed, has been struggling to help the economy.

Sales of new homes in the US declined
Thus, on Wednesday, they came from the USA not very positively for the first time, when the results of norwegian orders or long-term consumption and nor the sweat of the sale of new houses were published. Orders fell 1.7% in the month of January, which is sharply behind the current analyst, who fell with a growth of 0.8%.

In Norway, the number of new house sales decreased from 601 thousand in January to 590 thousand, which is a slightly better result, it was not expected, however, sales of new houses are still a hundred less than in the middle of last year.

On Wednesday, the European Bank decided on the annual rates and left them at 3.75%. According to the NB, the strong koruna remains a significant anti-inflationary factor. Markets considered rates to rise by a quarter of a percentage point, so for some speculators the result of one central bank was slightly disappointing.

The koruna thus weakened in the short term and to the level of 25.65 crowns per euro, after a while it returned to the good trend, which the koruna started last week around 25.45 crowns per euro. Due to those who did not initially benefit from the USA, the koruna strengthened from the dollar to 16.49 crowns per dollar since the week. On Wednesday evening, the exchange rate was 16.17 crowns per dollar.

Commodities have been against the US dollar in recent weeks
As the dollar strengthened last week, the price of oil fell. This week, the development is reversed. The US dollar is weakening and, as a result, the price of oil has been rising since the beginning of the week as oil, which trades first in dollars, becomes cheaper for foreign investors and speculators. Severomosk Brent sent her more than three dollars this week and traded at $ 103.30 a barrel on Wednesday evening.

Vt chart HERE

Invest then dark new
For the first time in the US economy, US government bonds are strengthening. The unexpected decline in Norwegian orders or long-term consumption and the fall in the number of homes sold have raised concerns that the US economy is in recession.

So the voices show that the USA has it the worst behind it. These opposing tendencies support the high nervousness of investors, with the fact that this week the first US government bonds, which weakened at the end of last week as the US currency did for several days. The following graph illustrates the US government’s input curve.

Vt chart HERE

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