Research and News

US banks outperformed the broad market in March, the sixth month in a row of outperformance after five consecutive months of weaker dynamics. BKX index increased by 5.9% MoM vs +4.2% MoM of SPX index. Absolute March performance was +0.8 std from the mean...

04 2021, Arbat Capital

investment, banks;

US banks skyrocketed in February 2021 after relatively flat dynamics in January. BKX index increased by 16% MoM vs just +2.6% MoM of SPX index. February was the 5th consecutive month of outperformance after five months in a row of underperformance. 

03 August 2021, Arbat Capital

investment, banks;

US banks decreased slightly in January 2021, after three consecutive months of a significant growth. Notwithstanding, the first half of the month remained strong and BKX index outperformed the broad market again, for the fourth month in a row after five ...

02 September 2021, Arbat Capital

investment, banks;

US banks rose significantly again in December, the third consecutive month of substantial outperformance after five months in a row of underperformance. Thus, BKX index rallied by 6.7% MTD (through December 24) vs +2.3% MTD of SPX index. Absolute perform...

01 August 2021, Arbat Capital

investment, banks;

Crude oil prices rallied in the month of November 2020 to reach their highest levels since March. Both the ICE Brent and the NYMEX WTI benchmarks climbed 5.9% and 4.5%, respectively, on a monthly average, recording their biggest monthly rise since July. ...

12 2020, Arbat Capital

oil, investment

US banks increased significantly in November after substantial outperformance in October. So, US banks grew much faster than the broad market index for the second month in a row after five consecutive months of underperformance. It was the second best mo...

12 August 2020, Arbat Capital

investment, banks;

Crude oil prices retreated again in the month of October 2020 for the second consecutive month, as the expected healthy recovery of global oil demand in 4Q20 eased amid a severe second wave of COVID-19 infections in several regions around the world. More...

11 2020, Arbat Capital

oil, investment

US banks increased significantly in October after substantial decline in September. So, US banks outperformed the broad market for the first time over the last six months. It was the best month for banks vs SPX index since November 2016. Thus, BKX index ...

11 September 2020, Arbat Capital

investment, banks;

Crude oil prices around the world moved sharply lower during September 2020, falling on a month-over-month basis for the first time since April, with the ICE Brent benchmark down 7.0% on a monthly average, while the NYMEX WTI benchmark dropped 6.5%. Oil ...

10 2020, Arbat Capital

oil, investment