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RAM experts: “January Turned to Be a Record Month with Regard to the Number of Corporate Bonds Issued in the United States”

15-Feb-2017, 16:16 / Products & Services Rietumu Group specialists have prepared a review of the profitability of investment funds of Rietumu Asset Management in January. The review includes an analysis of key economic indicators, the monetary policy. It provides comprehensive information on the situation on stock markets, bond, currency and commodity markets. The review is accompanied with extensive comments from experts.

As noted by the managers in their commentary, January turned out to be a record month with regard to the number of issued corporate bonds in the United States and a large volume of merger and acquisition deals. And the first results of financial statements have shown a growth of corporate profits.

RAM experts draw attention to the fact that a rapid growth of inflation was observed in the Euro zone due to rising prices for energy and food. In such conditions, the European economy data have surpassed expectations, and confidence of consumers and businesses has reached multi-year highs.

As noted in the review, "Inflation in the United States, as well as in Europe, has shown a strong growth against the background of increasing prices for energy and food. At the same time, lack of changes in the core inflation raises doubts as to the duration of the pace of inflation in both the United States and Europe. In this context, the main driver of the American economy - domestic consumption has shown a stable growth.”

On the political stage, the inauguration of the American president Donald Trump was in the spotlight last month, a number of decrees signed by him, as well as comments on the monetary policy of trading partners of the USA, and the American trade policy as a whole. “The first actions of the President have slightly moderated the optimism of investors regarding the Trump's reforms, but have not yet managed to exert a significant impact on the financial markets," said the experts.

The entire commodity sector has been favourably influenced by a weaker dollar and the absence of signs of slowing demand on the part of China. In light of this, prices for oil were stable. "Oil extraction cuts by OPEC and a weakening dollar have offset data on the growth of stocks of crude oil and petroleum products in the United States," said the Rietumu Group specialists.

The overview of RAM and relevant commentaries of experts can be found here.

Rietumu Asset Management (RAM) is part of Rietumu Bank, the leading private bank in Latvia. The company provides professional asset management services. RAM’s products and services are intended for a wide range of investors and are designed to meet the specific demands and needs of each customer. In the current market conditions, RAM’s specialists offer their customers the ability to reach an effective yield to risk ratio.

DISCLAIMER: This overview (including any attachment (-s)) does not constitute a request, offer, recommendation or invitation of any kind to buy, sell or redeem any financial instruments or to conclude and/or to perform other transactions of any kind. The authors of the information presented in this overview, as well as JSC “Rietumu Asset Management" IMF, registered in the Commercial Register of Republic of Latvia on January 29, 2014, registration number 40103753360, legal address: 7 Vesetas Street, Riga, LV-1013, Latvia, hereinafter referred to as “RAM” , both together and individually, are not liable for possible use of the information presented in this overview, including any direct or indirect damages (including lost profits), as well as any penalties. Evaluations, opinions and forecasts presented in this overview are based solely on the RAM’s specialists' conclusions regarding financial instruments and issuers considered in this overview. While the information contained in this overview is obtained from sources believed to be reliable, the RAM does not guarantee its accuracy and completeness. Any of your investment decision should be fully based on your assessment of your personal financial circumstances and investment objectives. The RAM draws your attention to the fact that transactions in the securities and financial instruments market involve risk and require appropriate knowledge and experience.



Eleonora Gailisha
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