The general mood of world stock markets in 2021 was positive. The US market, which was moving under the influence of monetary and fiscal drivers and the rapid recovery of the labor market and showed resilience to any negative factors, demonstrated significant growth. Based on the results of December, the fourth quarter, and all of 2021, the three main stock indices showed growth. The S&P 500, which rose by 26.9%, was the leader in 2021, the Nasdaq grew by 21.4%, and the Dow Jones grew by 18.7%.
Asian markets were outsiders of the year due to the energy crisis and thedecline of macro indicators. The growth rates of European indices differ due to the different structure of national economies and the influence of geopolitics. At the same time, the FTSE 100 British stock index increased by 20.3% in 2021, which was the most significant rise in the last five years.
The growth of stock markets in 2021 may lead to risks of further economic slowdown in 2022. Epidemiological threats have not disappeared, and the factor of inflationary pressure supports the strengthening of central bank rates.
In Ukraine, meanwhile, the current account in November was formed with a deficit. The first issue of the bank deposit certificates has been registered.

Financial markets survey 4.01.2022