During the last week, key stock indices were demonstrating multidirectional dynamics. Rapid spread of the new coronavirus variant and expectations that the FRS will begin curtailing monetary policy incentives are negatively influencing moods of investors. The information that the Taliban has seized power in Afghanistan put additional pressure on the market. The American stock indices reacted by a decline to the publication of the FRS July meeting minutes which demonstrated that the regulator’s top officials were on their way to strengthening monetary policy already during the current year. The FOMC representatives mentioned that the criterion “substantial progress” was already achieved in terms of inflation
and was close to be fulfilled in terms of the situation on the labor market.

In Ukraine business confidence indicators are improving. The IMF began allocating SDRs. 

Financial markets survey 25.08.2021