Research and News

Crude oil price broke through strong resistance in September and occupied higher levels (above $50 per bbl for WTI benchmark and above $55 per bbl for Brent). Unusually active hurricane season in Gulf of Mexico limited upside for U.S. oil popular benchma...

13 October 2017, Arbat Capital

oil, investment, equity

In September US Banks (BKX index) sharply increased by 6.8% MoM vs +1.9% of S&P 500 Index. But SPX continues to outperform financial sector YTD: +12.5% vs +8.1% of BKX index, however this gap decreased significantly during the last month. Absolute Se...

11 October 2017, Arbat Capital

banks, investment

Crude oil market is trading in very narrow range again in anticipation of stocks rebalancing. Long awaited crude oil storage levels drawdown have been finally happening for several weeks in the USA and it stimulated return of hedge funds long positions t...

14 September 2017, Arbat Capital

oil, investment, equity

In August US Banks decreased by 3.1% MoM vs flat dynamics of S&P 500 Index. SPX continues to outperform financial sector YTD: +10.4% vs +1.3% of BKX index and this gap markedly increased in the last month. Absolute August performance was -0.7 std fro...

14 September 2017, Arbat Capital

banks, investment

In May US Banks decreased by 2.6% MoM vs +1.2% of S&P 500 Index. SPX continues to outperform financial sector YTD: +7.7% vs -3.2% of BKX index. Absolute May performance was -0.5 StD from the mean monthly performance. This result is in the bottom 26% ...

07 June 2017, Arbat Capital

banks, investment

Crude oil market is trading in anticipation of OPEC meeting on May 25. There has been so much talking from OPEC about probable extension of the deal that it is possibly already priced in by the market, at least base-case scenario with higher production c...

22 May 2017, Arbat Capital

oil, investment, equity

In February US Banks added +4.9% (the closing price on Friday, February 24) vs +3.9% of S&P 500 Index. However, SPX slightly outperforms financial sector YTD: +5.7% vs +4.4% of BKX index. Current absolute February performance is just +0.6 StD from the me...

03 March 2017, Arbat Capital

banks, investment

Crude oil market was trading in a narrow range above $50 per bbl in January. It looks like this period of low volatility will come to the end soon and risks are skewed to the downside.

08 February 2017, Arbat Capital

The best performance was showed by Signature (SBNY), Suntrust (STI) and Bank of America (BAC), each of which added more than 5%.

03 February 2017, Arbat Capital

banks;