Russian airlines offered the government 98 measures to support the industry, and the Ministry of Finance reported on the repurchase of $1.5 billion worth of Eurobonds for rubles – these and other important news for Friday morning, April 1, in our daily review. The release of up to 180 million barrels of oil from the […]

The paying agent has received funds as part of coupon payment and partial redemption of sovereign Eurobonds “Russia-2030”, reported the RF Ministry of Finance. This is an issue with an amortization structure, on the market Eurobonds “Russia-2030” appeared as a result of restructuring of debts of the former USSR to the London Club member countries […]

The Bank of Russia has eased restrictions on some transfers of funds of individuals abroad, but retained the ban on transfers of funds for non-residents from countries that support sanctions. According to the regulator, for the next six months new thresholds will be set for the amount of funds transferred abroad. During a calendar month […]

The US dollar is strengthening against the euro, yen and pound sterling in trading on Friday. Traders continue to assess geopolitical factors, as well as problems restraining economic growth in China, and are still set on risk aversion, IG experts note. In the center of market attention on Friday is the March data on unemployment […]

GameStop Corp (NYSE:GME) shares soared in over-the-counter trading, adding about 17% after the company announced plans to pursue a split. The video game retailer said it will seek shareholder approval for such a resolution at its next meeting. It plans to increase the number of Class A common shares from 300 million to 1 billion […]

From March 14, when bitcoin was worth less than $37k, to the 2022 high of $48,160 reached on March 28. BTC was on a steady bullish course, but then it hit a technical hurdle and had a sharp correction on Thursday that sent the cryptocurrency back below the key $45k support level. BTC/USD never managed […]

Russian companies, whose depositary receipts are traded on Western financial markets, will have to return to the Russian stock market, unless the government makes “another decision”, the head of the Ministry of Economic Development Maxim Reshetnikov said at a briefing. Interfax writes that. “Our Russian shares, Russian issuers, unless the government makes a different decision, […]

The Financial Times writes that Russia has managed to stabilize the ruble and prevent a financial collapse despite unprecedented sanctions pressure. At the same time, the publication believes that Moscow was able to do this artificially, with the help of “draconian” capital controls and a ban on sales of Russian assets by foreign investors. The […]

Depository receipts of Fix Price retail chain (MCX:FIXPDR) grew by more than 37% in afternoon trading on Friday, April 1. At the time of preparation of the material the growth slowed down to 20.15% and 480.6 rubles. Fix Price listed on the London and Moscow stock exchanges on March 10 at the upper boundary of […]

Nearly half a million jobs are expected to reappear in the U.S. in March as the rising cost of living forces passive workers back into the labor market. Eurozone inflation hit a record high and manufacturing slowed sharply as the effects of the special operation in Ukraine first showed up in economic data. The US […]

The U.S. dollar is getting cheaper against the euro and pound sterling, strengthening against the yen in trading on Monday. The dollar exchange rate is close to peak values against major currencies, as the market has already incorporated expectations of a sharp tightening of monetary policy by the Federal Reserve System (FRS), CBA experts say. […]

Production at the Russian Volkswagen (DE:VOWG) plants in Kaluga and Nizhny Novgorod, which was suspended in early March, may not resume until the summer of this year, Vedomosti reports, citing two sources familiar with the German automaker’s plans. According to one of the interlocutors of the newspaper, so far the employees of the Kaluga plant […]

Oil prices are weakly rising on Monday after the maximum drop in almost 2 years at the end of last week. In the center of attention of traders remains the situation in China, where the growth of COVID-19 incidence continues, in connection with which the authorities maintain strict restrictive measures. Expectations of weakening demand for […]

At the end of last week, the MosBirch index rose by 11%. The technical picture shows that the indicator has found a strong support just above 2400 points, now it is necessary to consolidate above 2800 points to move to the next target around 3050. However, technical factors should not be relied on much now. […]

Revenue of the distributor of cars of the Chinese brand Chery (JSC “Chery Automobiles Rus”) according to RAS for 2021 soared four times – up to 62.2 billion rubles against 15.6 billion rubles in 2020, follows from the companies’ statements. The company’s net profit amounted to 1.9 billion rubles against a loss of 826 million […]

Due to cold weather, gas reserves in European storage facilities have dropped to almost 26%, and the US authorities are considering tougher anti-Russian sanctions – these and other important news for Monday morning, April 4, in our daily review. Due to the cold weather, European countries have again started to spend gas reserves from their […]

The main event of this week will be the minutes of the US Federal Reserve’s March meeting, which will be scrutinized on Wednesday, amid widespread expectations of a half-percent interest rate hike next month. Along with concerns over the economic impact of monetary tightening, events surrounding the Ukraine conflict will remain in the spotlight. While […]

Shares of social network Twitter (NYSE:TWTR) soared 26% in the premarket, trading data showed. The company’s shares rose on the news that SpaceX and Tesla (NASDAQ:TSLA) CEO Ilon Musk acquired a 9.2% stake in Twitter, Bloomberg reports.