Quotes of gold futures declined during Asian trading on Friday. On COMEX, a division of the New York Mercantile Exchange, gold futures for delivery in June are trading at $1.00 per troy ounce, down 0.01% at the time of writing this commentary. The low of the session was at $ per troy ounce. At the […]

Today stock indices of the largest countries of the Asia-Pacific region (APR) are declining following the collapse on Wall Street the previous day. U.S. indices ended Thursday’s trading with a 3-5% drop, a record for more than a year, amid rethinking of the results of the May meeting of the Federal Reserve, following which the […]

Exports from the United States to Russia have fallen to a 20-year low, and CNBC has learned about Musk’s possible appointment as interim head of Twitter – these and other important news for Friday morning, May 6, in our daily review. Exports of goods from the U.S. to Russia in March 2022 decreased almost five […]

The heads of several large European companies believe that a significant recession in Europe is coming. About it writes CNBC. The continent is particularly vulnerable to the effects of the conflict in Ukraine, in particular, economic sanctions and energy supply problems, and economists have lowered growth forecasts for the eurozone in recent weeks. The eurozone […]

During today’s trading, the US dollar continues to appreciate against the euro and yen. Calculated by ICE index, showing the dynamics of the dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), adds 0.02%, the broader WSJ Dollar Index 0.25%. As of 9:39 a.m. Moscow time, the euro was […]

Hungarian Prime Minister Viktor Orban said on radio Friday that Hungary needs five years in which it will not comply with a possible EU embargo on Russian Federation oil, Bloomberg news agency reported. “Orban said he wants a delay of five years – instead of the one-year term currently under consideration – for Hungary before […]

The export duty on wheat from Russia will be reduced to $114.3 from $120.1 per ton from May 13, the Agriculture Ministry said. The decrease occurred for the first time since March 16. The duty on barley rose to $74.1 from $73.5 per ton, and on corn – to $77 from $58.3 per ton. These […]

Natural gas futures prices rose during the European session on Friday. At the New York Mercantile Exchange, futures for natural gas with delivery in June are traded at $8.85 per million Btu, having risen by 0.81% at the time of writing this commentary. The session high was $/mmBtu. At the time of writing, natural gas […]

Software (software) vendor TeamViewer has announced the complete cessation of its operations in Russia and Belarus due to Russia’s special operation in Ukraine. “We have decided to completely cease any remaining business activity in Russia and Belarus,” the company said in a statement on its official website. “In addition to complying with all international sanctions […]

Italian retail sales in March 2022 declined 0.5% from the previous month, when the figure showed an increase of 0.7%, data from Italy’s state-run statistical office Istat showed. On a year-on-year basis, retail sales rose 5.6%. Food sales for March were unchanged, while non-food sales were down 0.8%. In annual terms, food sales decreased by […]

The S&P 500 has fallen to its lowest level in a year. According to Sam Stovall of research firm CFRA, further declines are expected that could push the index below the 4,000 threshold, writes Business Insider. A massive, widespread market selloff has sent the tech-oriented NASDAQ Composite down more than 5%. The S&P 500 Index […]

“Sber is considering the possibility of shutting down its gaming division SberGames, sources in the gaming market told Kommersant. One of the interlocutors specified that the structures of the sanctioned bank will probably not be able to publish games on mobile application marketplaces. The interlocutor in a major game studio added that SberGames employees are […]

Google has banned developers in Russia from downloading and updating paid applications in Google Play, according to the service’s blog. Subscriptions that have already been paid for will be valid until the end of the period specified in the application, then they will be canceled. For developers whose apps provide “critically needed services,” Google recommended […]

Shares of the American aerospace company Virgin Galactic fell by 4.5% – to $7.16 – in preliminary trading on the New York Stock Exchange. The decline in securities of the company of billionaire Richard Branson occurred against the background of the message that the launch of commercial services for tourists postponed from the fourth quarter […]

April 29, Russia’s international reserves amounted to $593.1 billion, reported the Bank of Russia. As of April 22, international reserves amounted to $607.1 billion. Thus, during the week they decreased by $14 billion, or 2.3%. As the regulator notes, the reserves decreased mainly as a result of negative revaluation. In the previous week, the reserves […]

Cryptocurrencies will not be able to help Russia fight Western sanctions restricting international financial transactions, RBC writes, citing a report by rating agency Moody’s. The imposition of international sanctions against Russia has raised questions about whether cryptocurrencies, including bitcoin, can be used “to circumvent sanctions and restore the rights of Russian citizens and the government’s […]

Oil production in Russia in early May is higher than in April, the situation with refining is stable, Russian Deputy Prime Minister Alexander Novak told reporters yesterday during a parade. Asked about the possibility of a greater decline in oil refining in May compared to April, Novak said: “If you look at the figures for […]

The world’s largest IT companies have lost more than $1 trillion in market value, and more than 40% of BTC investors have gone into negative territory due to the cryptocurrency’s plunge – these and other important news for Tuesday morning, May 10, in our daily review. U.S. President Joe Biden said he is concerned that […]