2016 éves áttekintés
Dear participants of the WellMax International system, clients, partners and investors of the IFC company!
Please accept our sincerest congratulations on the Happy New Year! We want to wish you all the best! May 2017 will be filled with new plans, creative ideas and good news! We wish you successful investments and a significant increase of financial assets!
2016 gone by was a leap year, it was full of unexpected and very important events that will affect many economic processes in the world and will form the policy of the leading countries in the coming years. This includes the results of the referendum on the UK's membership in the European Union that took aback the whole Europe as well as the sudden victory of Donald Trump on presidential election in the United States. We will be able to measure the changes caused by these events only in the coming 2017, when the United Kingdom will begin to release the official procedure of exit from the EU in spring, and when Donald Trump’s team will start to implement the campaign promises of the elected president, after his inauguration, scheduled for 20 January.
However, we can already say that the results of both British and Americans declarations of will, to a certain extent, mark the end of the world trend of globalization and challenge the future of global integration processes in the economy.
Perhaps we are only at the beginning of this period of transformation. Elections in the top three countries in the euro-zone will be held in 2017 and the results may be not less sensational. The first round of presidential elections will take place in France in coming April, the main battle will be between the former Prime Minister of France Francois Fillon, and the leader of the "National Front" party - Marine Le Pen, who appeals, among other things, to France's withdrawal from the European Union and the euro-zone.
We also cannot preclude the possible change of the configuration of political forces in Germany during the parliamentary elections scheduled for August/September 2017. At the moment, there is no figure comparable with Ms. Merkel in fame and political weight in Germany, and majority of the leading German media calls the results of the voting next year a foregone conclusion. However, taking into account the drop in the rating of the current Chancellor, the growing popularity of extreme right-wing parties, such as the "Alternative for Germany" and increasing criticism of Angela Merkel by members of the ruling coalition, after the elections to the Bundestag, we are likely to see, if not the resignation of the Chancellor, then significant shift in accents in domestic and foreign policy of Germany.
In addition, in connection with the resignation of the former Prime Minister of Italy, Matteo Renzi, it became possible to hold early parliamentary elections in the country, in which a political party "Five Star Movement" headed by euro-sceptic and populist Beppe Grillo, after which was fixed label "Italian Trump” has the real chances of winning.
It should also be noted that intensified in 2016 the terrorist threat would have a significant impact on the results of declarations of will by the citizens of the European Union, which was, in the opinion of many citizens, the result pursued by the current migration policy.
In 2017, pre-election campaign will begin in Russia as well. Despite the fact that the results of presidential elections seem to be obvious, we cannot exclude a redistribution of powers among the branches of the Government and the establishment of new public authorities.
Important events of 2016, of course, include collective agreement on the limitation of oil production by OPEC countries, achieved for the first time since 2008. It should also be noted that the agreement was joined by the independent oil producers for the first time, and Russia is among them. The agreement allowed the price of black gold not only to go up to the maximum value since the July 2015, but also to secure a foothold in this relatively high level. However, for the further growth of prices in 2017, the market will need to see evidence of compliance with the agreement arrangements by all parties. Thus, the further dynamics will depend on the actual volume of oil, which will go on the market in the first quarter of 2017, as well as on sequence of events in the Middle East, especially in Syria, where the key players of the production limitation agreements support different forces.
One of the most important events of 2016 was also raising of Federal Reserve rate by 25 basis points, and the change of rhetoric with regards to control the growth of rate in the future. In 2017, the Federal Reserve plans to raise rates three times - each time by 25 basis points, while in September it intended to raise the rate just double.
The most vulnerable to the US Federal Reserve monetary policy change are developing countries that could be affected by large-scale capital outflow. So, the strong capital outflows from the country was subjected to China, whose economy is experiencing hard times. The growth rate of China's economy is slowing, the “joint debt-to-GDP” ratio in China has reached 255%, volume of foreign exchange reserves fell to 3.05 bln. US dollars, which is the lowest level since the 1st quarter of 2011 and the Chinese national currency moves to the most severe annual decline in more than two decades.
In order to prevent further strengthening of capital outflow People's Bank of China, as well as the central banks of other leading world economies (the ECB, the Bank of England, Bank of Japan) are likely to be forced to raise key rates, which in turn would increase the cost of loans, including mortgages , worldwide.
In addition, the tightening of the US monetary policy and a possible increase in interest rates in other countries may lead to increased volatility on currency and commodity markets.
High turbulence and uncertainty in global financial markets opens up for us and our clients additional features for even greater rate of growth of assets in our investment portfolios. New products of the company - WellMax Premium and WellMax Elite – are especially attractive in this regard, because the yield of each has not ceased to surprise investors and partners of International Financial Community.
High profitability of our investments throughout 2016 was achieved thanks to the coordinated and professional work of IFC's analysts, who never ceased to improve and update their knowledge and approaches using new advanced forecasting models.
The company has also achieved a significant improvement in access to products through a new mobile application. We managed to create a unique product that helps any commercial enterprise to increase the level of sales, profit, and also to improve the quality and simplify the communication with the client.
In addition, in the past year, IFC opened subsidiaries in Bulgaria, Czech Republic, Slovakia and Hungary. Today, the International Financial Community is a group of companies represented in 9 countries.
In the coming 2017, we will always keep you informed about trends in the global and regional economies, provide high-quality analysis and please you with high yield investments for partners and investors of International Financial Community.