Stabilization of the national currency and easing of the monetary policy of the Central Bank of the Russian Federation in April fixed the average deposit rate at 15%. The regulator’s course for further reduction of the key rate may lead to the fact that the yield on deposits will be adjusted in May at an […]

Since 2015, U.S. intelligence agencies have seized more than $102 million in illicit digital currencies in 254 cases of cryptosphere crimes, CNBC writes. According to investigators, stolen bitcoins and other digital currencies are converted into stablecoins. Agents and analysts are actively tracking the flow of bitcoins and other cryptocurrencies on the blockchain, generally conducting financial […]

Moscow. April 20. INTERFAX.RU – Supplies of U.S. liquefied natural gas to Asian markets are decreasing as supplies to Europe are increasing, customs statistics of the largest LNG consumers – China and Japan – show. Europe is actively trying to reduce its dependence on Russian gas through alternative supplies, including LNG from the United States. […]

Asia-Pacific stock indices were mostly down on Wednesday morning; with U.S. futures also trending lower. Sovereign bonds continued to sell off as high inflation, hawkish measures by the US Federal Reserve and the COVID-19 outbreak in China continue to be on investors’ radar. Japan’s Nikkei 225 index added 0.49% by 22:37 Eastern Time (02:37 GMT). […]

Shares of Netflix fell more than 25% on Tuesday after the report for the first quarter, when the company lost more than 200,000 paid subscribers, the first such case in a decade, writes CNBC. The reasons for this negative development for the streaming service were, it said, increased activity of competitors, sharing of the same […]

India is doubling its purchases of Russian oil, despite warnings from the United States. This is reported by Bloomberg. The agency notes that the country is buying all major grades of oil from OPEC+ producer – from flagship Urals crude to Siberian ESPO oil grade. Indian officials and traders say state-owned refiners are now looking […]

SPB Exchange has announced the possible suspension of trading in securities of foreign issuers, writes Kommersant. The decision on suspension will be made by the Central Bank. Information about the suspension of trading will be posted on the exchange’s website 15 minutes before their suspension. “Public Joint Stock Company “SPB Exchange” informs about possible cases […]

Alfa-Bank has notified clients of its brokerage unit Alfa Investments about how their assets will be transferred to another broker. “You do not need to do anything: the other broker will automatically open a brokerage account or IIS for you,” the newsletter says. Those clients who move to a new broker, the terms of service […]

Canada has imposed sanctions against the head of the Russian central bank, Elvira Nabiullina, and 13 other people close to the Russian authorities as part of a new round of sanctions, Bloomberg reports. Earlier, only Australia imposed sanctions against the head of the Russian central bank, as well as against the Russian financial institution itself. […]

Demand for mortgages in the U.S. continued to decline last week amid rising rates to their highest levels since 2010. Total mortgage applications fell 5% last week from a week earlier and were about half the volume for the same period last year, according to the Mortgage Bankers Association (MBA). The average rate on 30-year […]

Quotes of futures on the level of the base interest rate in the U.S. indicate a 100 percent probability of its rise by the Federal Reserve System (FRS) by 50 basis points (bp) in May and June, Bloomberg reports. The last time the U.S. Central Bank raised the rate by 50 bps in May 2000. […]

Oil prices are rising today due to fears of lower supply on the global market with a sharp decline in US inventories. Production in Libya fell due to political protests, while European countries continue to discuss the possibility of limiting imports of Russian energy resources. For example, German Foreign Minister Annalena Berbock said yesterday that […]

Danish Carlsberg may sell Russian Baltika to AB InBev Efes, and Tesla shares rose in price by 5% after the report on record results of the first quarter – these and other important news for Thursday morning, April 21, in our daily review. AB InBev Efes, controlled by Turkey’s Anadolu Efes, may become the buyer […]

Revenue at US electric car maker Tesla Inc. in January-March rose 81% (year-on-year) to $18.76 billion. Net income increased 7.7 times to $3.32 billion, or $2.86 per share, up from $438 million, or $0.39 per share, a year earlier. Experts surveyed by FactSet had on average forecast Tesla’s quarterly revenue at $17.7 billion and net […]

U.S. indexes ended trading mixed on Wednesday as a 35% drop in Netflix Inc shares weighed on technology stocks, but big earnings from other companies lifted the Dow index. Additional corporate earnings reports will be released on Thursday when AT&T and Snap report. Analysts are watching corporate reports to see how companies are preparing for […]

Head of the Bank of Russia Elvira Nabiullina said during a report in the State Duma that the regulator will consider the possibility of reducing the key rate at the next meetings. The nearest meeting of the Central Bank’s Board of Directors is scheduled for April 29. Nabiullina also said that the Russian economy needs […]

The share of the European currency in international settlements fell sharply in March amid geopolitical uncertainty and rising inflation around the world. According to data from the SWIFT settlement system, it fell to 35.4%, the lowest since June 2020, down from 37.8% in February. The drop was the sharpest since 2011. Demand for settlements in […]

Austrian refineries of oil and gas company OMV stopped processing Russian crude oil in March, TASS reported citing the company’s information. “During March, we replaced these volumes with other crude oil from the market. At present we are not processing Russian oil,” the representative of the Austrian company noted. It is noted that the share […]