The export duty on wheat from Russia has been raised to $87 from $86.4 per ton from March 30, the Agriculture Ministry said. The increase is observed for the second week in a row after falling for nine weeks. The duty on barley was reduced to $75.8 from $79.6 per ton, while corn was raised […]

U.S. stock indices ended Tuesday’s trading with a significant rise thanks to investors’ optimism about the outcome of the first face-to-face talks between representatives of Russia and Ukraine in two weeks. The Russian side intends to take two steps to de-escalate the situation in Ukraine, head of the Russian delegation Vladimir Medinsky told reporters after […]

German business warned of the risk of production stoppage in case of refusal from Russian gas, and Renault thought about transferring its stake in Avtovaz to a Russian investor – these and other important news for Wednesday morning, March 30, in our daily review. The accounts of Tinkoff Bank clients, which were previously blocked after […]

The Asia-Pacific stock market was mostly up Wednesday morning as investors realized the likelihood of de-escalation in Ukraine and lower oil prices. Japan’s Nikkei 225 index was down 1.27% by 22:29 Eastern Time (02:29 GMT); with retail sales for February 2022 down 0.8% year-on-year. South Korea’s KOSPI 50 rose 0.27%, while Australia’s ASX 200 gained […]

The market has been remarkably resilient recently to the global challenges facing the world, but even the most optimistic investors are preparing for the fact that a bear market is already increasingly likely. Under these circumstances, adding passive-income investments to a portfolio can ensure that profits will continue if stock prices fall, Yahoo writes. 1. […]

Quotes on the Moscow Exchange at the moment soared by 37.2%, reaching 699.8 rubles per share. The shares of the Russian IT holding are trading for the second day after more than a month’s break. During this time, the company’s shares have risen 136%. At 10:27 MSC at 10:27 MSC for the third time in […]

One of the main factors of apparently inevitable stagflation in developed economies is the inflationary shock on agricultural products and components of their production. The intensification of agro-commodity price growth is obviously caused by the geopolitical conflict in Eastern Europe, as the countries involved in the conflict are among the main players in the global […]

U.S. stock indexes fell on Wednesday as the special operation in Ukraine continued and investors braced for new employment data and a meeting of the international oil producers’ cartel to decide what to do next. U.S. jobs data on Wednesday came in positive, slightly above expectations, and set the tone for the government’s broader March […]

At the beginning of trading on the last day of March, the Russian stock market demonstrates a major mood, despite the deterioration of the external raw materials (oil and metals fell in price) and stock market conditions due to the weakening of optimism regarding the progress in the negotiations between Russia and Ukraine, as well […]

Shares of bitcoin mining businesses are too expensive compared to owning the cryptocurrency directly, according to Sam Doctor, chief strategist at BitOoda and MarketWatch, a financial services platform for digital assets. According to the expert, buying bitcoins directly is better than investing in cryptocurrency mining. Just like in the mining industry, investors can calculate the […]

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has published a new general license dated March 24, which effectively removed Russian mineral fertilizers from possible sanctions. They have been added to the list of essential products along with agricultural products, medicines and medical devices, according to Kommersant. According to the publication’s sources, the […]

In his annual letter to investors, Pershing Square (NYSE:SQ) hedge fund head Bill Ackman said Tuesday that his firm has permanently stopped engaging in activist short-selling and its quieter constructive endeavors don’t raise as much of a fuss as the fight against Herbalife, Business Insider writes. Known for its “crusade” several years ago against dietary […]

The 1,234-kilometer Nord Stream 2 offshore pipeline was designed to double gas supplies between Russia and Germany, but with its completion last September, the German energy regulator suspended the certification process in November and froze it altogether in February, CNBC writes. This massive $11 billion energy project, the laying of which began back in 2018, […]

U.S. President Joe Biden is scheduled to speak on Thursday, and in particular, he will talk about a plan to curb the sharp rise in oil prices, including the release of about 1 million barrels of oil per day from the strategic reserve for several months, CNBC writes. Biden is considering releasing up to 180 […]

Net profit at China’s largest oil and gas company PetroChina (SS:601857) Co. rose 4.8 times to 92.17 billion yuan ($14.52 billion) in 2021 from 19.01 billion yuan a year earlier, the company said in a press release. The figure was a record since 2014. Its rise was largely fueled by a jump in oil prices […]

European stock indices rose on Thursday, capping a tumultuous month as investors keep a close eye on developments in the Ukraine-Russia conflict as well as volatile energy prices. By 03:40 am ET (07:40 GMT), Germany’s DAX index was trading 0.5% higher, France’s CAC 40 was up 0.3% and Britain’s FTSE 100 was up 0.2%. The […]

Russian President Vladimir Putin has signed a decree on gas payments in rubles to unfriendly countries (involved in sanctions pressure on Russia), RIA Novosti reported. According to the document, if unfriendly countries do not pay for Russian gas in rubles from April 1, Moscow will consider it a failure to fulfill its obligations under gas […]

US President Joe Biden is set to announce a massive release of oil from the Strategic Petroleum Reserve in an attempt to lower gasoline prices by the medium term. OPEC will meet with Russia and other allies and is thought to be just a little “tap open”. U.S. personal spending and income data are expected, […]