Founder's Blog

Today
Today's review will be unusual.

The markets in July, finally, fell into a drowsy summer state. The movements were limited to some interest on stock, commodity and foreign exchange markets. No important levels were broken, no significant events occurred. All that I wrote about the intrigues in the oil and euro market (possible breakdowns in the levels of resistance and support), about the importance of important economic policy news (US duties and sanctions, the decisions of central banks on rates), all this remains in force, but is postponed to August and September.

Breaking news in June was nothing
Breaking news in June was nothing

As I said in my previous review, it seems no one would call this June a quiet month again. Due to a number of political events, important meetings held by the ECB and FRS and the tension caused by trade wars probably made both fluctuations and trend forming rather sharp. The market was on the watch, the events were often discussed by both general economy analysts and the experts in financial markets analysis.

«Пришел май – продавай»
«Пришел май – продавай»

Закончился последний месяц весны, который, как считается, закрывает сезон активности фондовых рынков. Давняя поговорка активных трейдеров гласит «Sell in May, and Go Away!» или, по-русски, «Пришел май – продавай». Смысл ее не в том, что надо продавать все активы и вставать в шорт, потому что летом непременно ожидается падение.