Science and Education Publishing Journal of Finance and Economics 2328-7276 3 4 2015 08 21 Analysis of the Global Stock Market Trends 67 71 EN Azarenkova Galina Shkodina Iryna Kavun Sergii Department of Information Technologies, Kharkiv Institute of Banking University of Banking of the National Bank of Ukraine, Kharkiv, Ukraine JFE2015342 10.12691/jfe-3-4-2 2015 07 23 2015 08 07 2015 08 21 The article has studied the dynamics of world trade market testifying, that is not taking into consideration its regeneration, the market development is connected with a sharp increase of uncertainty both at developed markets and in developing ones. The authors concluded that the dynamics of different segments of the world stock market depends not upon the economic situation in certain countries, but upon the actions of central banks, in the first place of the Federal Reserve Bank that actively pursue the policy of the quantitative easing. Desynchronization of the dynamics of different countries' stock markets is the demonstration of the increase of fluctuations at the global level, what leads to a weakening of economic growth rate and changes for the worse financial market situation, which become serious risks to the global economy.