Top Gainers – The World Market
Over the past 7 days, the US dollar continued to weaken. The overall package of economic stimulus measures in the US could reach $4 trillion. Against this background, US inflation soared 0.6% in March compared to February. This is the highest monthly increase since August 2012. In annual terms, US inflation in March amounted to 2.6%, which is much higher than both the Fed rate (+ 0.25%) and the US 10-Year Bond Yield. At the same time, the Fed leaders constantly declare the need to maintain a low rate and continue the buyback of securities in the amount of $120 billion per month (the current QE program). The New Zealand dollar strengthened due to the announcement by Reserve Bank of New Zealand (RBNZ) that it will maintain its current policy. At the same time, in the event of an increase in inflation, the rate may also grow (+ 0.25%)
1.Wharf Holdings Limited, +11,8% – investment holding in Hong Kong: real estate management and construction, transport and logistics, telecommunications and television
2. JSFC Sistema, +11,2% – Russian investment company: telecommunications, trade, agriculture and forestry, electronics, hotel business, banking, pharmaceuticals and medicine
Top Losers – The World Market
1. Alps Electric Co. Ltd. – Japanese electronic parts manufacturer
2. China Pacific Insurance Group Co. Ltd. – Chinese insurance company.
Top Gainers – Foreign Exchange Market (Forex)
1. EURGBP, EURHKD, EURUSD - the growth of these charts means the weakening of the British pound, the Hong Kong dollar and the US dollar against the euro.
2. NZDUSD, NZDCAD - the growth of these charts means the strengthening of the New Zealand dollar against the US and Canadian dollars.
Top Losers – Foreign Exchange Market (Forex)
1. GBPSEK, USDSEK - the drop of these charts means the weakening of the US dollar and the British pound against the Swedish krona.
2. USDRUB, USDPLN - the drop of these charts means the strengthening of the Russian ruble and the Polish zloty against the US dollar.