Last week, optimistic moods returned to capital markets. The American market largely compensated the losses sustained in January, while the European market registered strong growth. Growth was also registered on local markets.

The fact that global petroleum prices stopped falling contributed to optimistic moods among traders. Nobody can confidently predict how long-term the price for this commodity that can be observed at the
moment will be. Analysts from Eurasia Group, a New-York based political risk consultancy, assume that the “new normal price” for the petroleum market for the next several years will be USD 60-70/barrel.

Financial markets survey 09.02.2015