Research and News

US banks were sold off in February after they had demonstrated the most impressive start of the year since 2010. In February US banks decreased by 2.3% MoM vs -3.9% of SPX index. But banks added +5.6% YTD significantly outperforming S&P 500 which inc...

15 March 2018, Arbat Capital

investment, banks;

In December US Banks (BKX index) increased by 2.0% MoM vs +1.0% MoM of S&P 500 index after slight outperformance in November. Despite strong growth of banks quotes in the last four months (+14.8% in absolute terms) SPX index outperformed it during 20...

18 January 2018, Arbat Capital

investment, banks;

Crude oil price has ended the year on a very high note. WTI and Brent benchmarks have got to 2015 maximum levels ($62.5 for WTI and almost $70 for Brent). Technically it looks supported by breaking through key resistance. Brent surpassed its resistance e...

18 January 2018, Arbat Capital

oil, investment, equity

Crude oil market in November had been trading in anticipation of successful Nov-30 OPEC/non-OPEC meeting. It went as anticipated and the price reacted quite well given already overloading situation with long positions in crude oil futures. Some correctio...

11 December 2017, Arbat Capital

oil, investment, equity

In November, US Banks increased by 3.1% MoM vs +2.8% MoM of S&P 500 Index after the flat performance (vs SPX index) in the previous month. Despite strong performance of banks in the last 3 month, SPX still continues to outperform financial sector YTD...

11 December 2017, Arbat Capital

investment, banks;

Crude oil market climbed higher in October following some consolidation in the beginning of the month. Brent even closed the month above $60 per barrel, WTI got to its technical level $55 per barrel (upper channel trend). Some correction after the rally ...

17 November 2017, Arbat Capital

oil, investment, equity

In October US Banks increased by 2.2% MoM, flat dynamics vs S&P 500 Index after the strong outperformance in the previous month due to positive perception of the September FOMC meeting. However, SPX still continues to outperform financial sector YTD:...

09 November 2017, Arbat Capital

investment, banks;

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