Eurodollar – US dollar which is deposited outside USA. The most of the eurodollar are held in London branches of the biggest worldwide known banks. These dollars are the base for USD loans accommodated  by the European commercial banks and per se show 3 month interbank offered interest rate or so called 3M LIBOR. (more…)

Short term rates demonstrate economic processes: interest rate increase on the one hand may reflect money (financial resources) demand increase, on the other hand slows down economic development and as a result stock market growth, later create the downside trend in stock market. Interest rate decrease may reflect money (financial resources) demand decrease and fasten economic development and as a result stock market growth. (more…)