Quotes of futures for WTI crude oil declined in Asian trading on Tuesday. At the New York Mercantile Exchange, futures for WTI crude oil with delivery in June are trading at $101.09 per barrel, down 1.94% at the time of writing this commentary. The low of the session was $ per barrel. At the time […]

Britain has decided to impose new sanctions against Russia and Belarus in order to limit Moscow’s ability to conduct a special military operation. This is stated on the website of the British government. Thus, the kingdom will increase duties on imports of Russian chemicals, platinum and palladium up to 35%. This decision will affect imports […]

Quotes of gold futures rose during Asian trading on Tuesday. On COMEX, a division of the New York Mercantile Exchange, gold futures for delivery in June are trading at $1.00 per troy ounce, up 0.24% at the time of writing this commentary. The maximum of the session was at $1.00 per troy ounce. At the […]

The U.S. stock market ended Monday’s trading with a decline amid negative dynamics from the sectors of oil and gas, technology and raw materials. At the time of closing on the New York Stock Exchange, the Dow Jones fell by 1.99%, reaching a 52-week low, the S&P 500 index fell by 3.20%, the NASDAQ Composite […]

Germany is preparing an action plan, which it will implement if Russia decides to cut off gas supplies. This is reported by Reuters with reference to its own sources. One of the possible measures is rationing of gas consumption. According to Reuters, this would mean a change in the current policy, according to which in […]

The last two lines of the Shanghai Metro closed on Tuesday afternoon, thus bringing the entire Shanghai Metro to a halt. “From 1 p.m. on May 10, 2022 and until further notice, the sixth and sixteenth lines of the Shanghai Metro will cease operation. At this time, all lines and stations of the Shanghai Metro […]

The Ukrainian crisis and rising inflation have now become the most serious threats facing the global financial system, ABC News reports, citing the Federal Reserve. “The Fed no longer sees the coronavirus pandemic as the biggest threat …. It has been replaced by the conflict in Ukraine and record inflation,” the publication said. As the […]

Japan on Tuesday circulated an expanded list of Russian companies and individuals subject to sanctions. It includes 70 companies and 130 Russian politicians, including Prime Minister Mikhail Mishustin, as well as businessmen and members of their families. Sanctions are also imposed against the leadership of the DNR and LNR. Russian companies, which, as Tokyo considers, […]

Natural gas futures prices declined during the U.S. session on Monday. At the New York Mercantile Exchange, natural gas futures for delivery in June are trading at $7.12 per million Btu, down 11.53% at the time of writing this commentary. The session low was $/mmBtu. At the time of writing, natural gas found support at […]

Speakers at the US Federal Reserve (Fed) will line up to push markets one way or another, a day after the central bank warned of deteriorating liquidity in key markets. The cryptocurrency market is showing signs of stress as the Terra stablecoin lost its peg to the dollar. Stocks should recover after Monday’s rout. Tesla […]

In March 2022 the volume of industrial production in Italy remained unchanged compared to February, according to the data of the Italian statistical agency Istat. With the exclusion of seasonal and calendar factors, industrial production in annual terms increased by 3%. The output of consumer goods in March compared to the previous month increased by […]

The index of expectations of investors and analysts regarding the German economy for the next 6 months (confidence index) in May 2022 rose to minus 34.3 points from minus 31 points in April, according to the data of the research institute ZEW. In April, the indicator fell by 1.7 points, and in March collapsed at […]

Currency analysts at Goldman Sachs have revised their forecasts for the pound downward on the back of a markedly weaker global economic risk profile. They also expect restraint from the Bank of England at the same time as more hawkish central banks elsewhere. Despite the downgrade, forecasts for the euro to pound (EUR/GBP) exchange rate […]

The EU is thinking of offering Hungary monetary compensation in exchange for supporting the embargo on oil imports from Russia, and the House of Representatives approved a $40 billion aid package for Ukraine – these and other important news for Wednesday morning, May 11, in our daily review. The EU may offer Hungary monetary compensation […]

The U.S. dollar is falling against major currencies during trading on Wednesday. Traders continue to follow the statistical data from the U.S., including the dynamics of consumer prices. The U.S. Department of Labor will release data on the dynamics of consumer prices in April on Wednesday at 15:30 Moscow time. Head of the Federal Reserve […]

In April 2022, consumer prices in Germany, calculated according to national standards, rose by 7.4% compared to the same month in 2021, after rising by 7.3% a month earlier, final data from the country’s Federal Statistical Office (Destatis) showed. Relative to the previous month, prices increased by 0.8%. The dynamics of indicators coincided with the […]

Global oil and liquid hydrocarbons (LHW) consumption will total 99.6 million bpd in 2022, up 2.1 million bpd from 2021, the US Department of Energy’s Energy Information Administration (EIA) said in its monthly forecast. Thus EIA adjusted its forecast downward. In March, the ministry forecasted oil consumption in the current year at 99.8 million b/s. […]

Katie Wood’s flagship fund Ark Invest on Monday bought 158,187 shares of General Motors, a traditional car company that markets electric vehicles, for more than $6 million, marking her first stake in the auto giant, Business Insider reports. It marks a change of heart for Wood, who said older automakers “don’t have the DNA to […]