Last week, investors recovered the losses sustained earlier. The American S&P 500 Index grew 3.3% over the previous week, while the British FTSE 100 Index went up 3.5%.

Investors waited impatiently for publication of the minutes of the Federal Reserve System (FRS) meeting in October. The minutes registered a rather soft (“pigeon”) position of the American central bank top officials. This document made investors more confident that the FRS will rate interest rates gradually, whereas confidence in the US economy grew even stronger.

Analytical review 23.11.2015