Financial markets survey 22.12.2014

Last week, financial markets in many respects recovered the losses sustained a week earlier. The swift drop of petroleum prices stopped, and the panic subsided. Investors started to follow a wide range of indicators that influence the cost of stock assets again.

Economic indicators of the US brought some happiness last week. Industrial output in the US grew 1.3% in November 2014 compared to the previous month. This indicator grew record-high since May 2010. The number of applications for unemployment benefit in the US submitted over the second week of December fell unexpectedly to a record-low level for the last six weeks. At the same time, consumer prices in the US dropped record-low for the last six years in November 2014. However, this indicator
did not have much influence on moods of investors.

Financial markets survey 22.12.2014