DOI: 10.5176/2251-1970_BizStrategy09
Authors: Alexander Suetin
Abstract: This paper examines the impact of the last spike in oil prices, Japan’s nuclear disaster, and the Eurozone problems on financial market activity. With special reference to the activity of the main financial market participants the paper ascertains increasing role of the central banks and diminishing one of hedge funds which almost simultaneously lost their past attractiveness. In addition, it proves that the euro crisis underlying causes are political as much as economic. Countries cannot quit the euro without extreme economic pain, but nor is it easy to fix. Despite Chinese rising power still continues to excite some of Chinese economic impact could be considered as provoking. China seems to disrupt the trade and financial statistics making the global business much less certain.
Keywords: Eurozone problems, Chinese power, financial market, hedge funds
