The previous week was marked by the fall on stock platforms across the world. The main political intrigue of the week was the decisions made by the EU and the US on instituting new sanctions against Russia. There was no confidence that western countries would introduce new sanctions. However, the lack of progress on the part of Russia with respect to resolving the armed conflict on the territory of Ukraine impelled politicians to institute new restrictions against a number of companies, banks and persons.

Last week, American investors demonstrated negative moods. They are expecting that the Federal Reserve System will raise rate as part of tapering the incentive policy. If the US economy demonstrates good performance indicators, there will be a growing likelihood of higher rates. This is why the news about growing retail trade, as well as expectations of good data on goods reserves at US warehouses and consumer confidence resulted in this decline on the American market.

Financial markets survey 15.09.2014