Bloomberg told about the Russian Central Bank’s strategy to fight inflation, and supplies of goods from the U.S. to Russia hit a record low – these and other important news for Thursday morning, June 9, in our daily review. Central Bank head Elvira Nabiullina has bet on strengthening the ruble to slow inflation in tough […]

The British pound showed no significant reaction to the government’s announcement of an additional £15 billion of fiscal stimulus, leading HSBC analysts to suggest that the move at least prevented the currency from falling further. Key sterling pairs were virtually immobile after Chancellor of the Exchequer Rishi Sunak announced an expansion of spending aimed at […]

The spot price of gas in Europe rose by 19% today on the back of the start of major scheduled repairs at gas fields in Norway. At the global level, price growth should also be supported by the news of a fire at the Freeport LNG plant with a capacity of 15 million tons per […]

The chain of fast food restaurants in Russia, which will replace McDonald’s, has chosen a new logo. This is reported by Izvestia with reference to the company’s press service. As it is specified, it will depict the main symbols of the restaurant: two sticks of french fries of yellow color and a burger – yellow-orange. […]

Ford Motor Company (NYSE: F) will recall more than 25,000 2019-2020 Mustang coupes and convertibles due to a problem with the powertrain control module (PCM). Consumer Reports reports that in the vehicles, the powertrain control module can transmit an unintentional erroneous signal to modules that control the rearview camera, taillights and driver assistance features, which […]

Tesla on Thursday held an online hiring event for new staff in China and added 2 dozen new job postings a week after CEO Ilon Musk warned of job cuts and said Tesla’s workforce was too “bloated,” Reuters writes. Tesla plans to conduct online hiring for smart manufacturing jobs, according to a post on the […]

Thursday’s trading in the US stock indices ended with a sharp decline. Investors continued to evaluate forecasts for inflation and economic growth in anticipation of Friday’s statistical data on the dynamics of consumer prices in the United States. The Dow Jones Industrial Average fell 1.94% to 32272.79 points. Standard & Poor’s 500 fell by 2.38% […]

Quotes of futures for WTI crude oil decreased during the Asian session on Friday. At the New York Mercantile Exchange, futures for WTI crude oil with delivery in July are trading at $120.83 per barrel, down 0.56% at the time of writing this commentary. The low of the session was at $1 per barrel. At […]

During today’s trading, the dollar is moderately declining against major world currencies, market participants are eagerly awaiting the publication of data on inflation in the U.S. for May. Calculated by ICE index, which shows the dynamics of the dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), decreases by […]

Deputy Prime Minister and presidential envoy to the Far Eastern Federal District Yury Trutnev has said that Russia will withdraw from Japan the right to fish near the Kuril Islands. “We have already, in fact, limited their right (to fish), and by their efforts. They refused to pay for fishing quotas near the Kuril Islands. […]

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 August are trading at $1.00 per troy ounce, down 0.32% at the time of writing this commentary. The low of the session was at $ per troy ounce. At the […]

The sell-off in the U.S. stock market accelerated on Thursday evening ahead of Friday’s highly anticipated U.S. consumer price data, just days before the Federal Reserve meets to decide on its next move on interest rates and monetary tightening. Investors are hoping that the consumer price index for May, released on Friday, will show signs […]

The Russian stock market started trading on Friday in the red zone due to the deterioration of the external situation and investors’ reluctance to buy ahead of the long weekend in Russia. At the end of yesterday’s trading stock markets in Western Europe fell on the results of the European Central Bank (ECB) meeting. U.S. […]

The Russian Government has submitted to the State Duma a draft law that gives the Central Bank’s board of directors the authority to determine the functions of the National Payment Card System (NPCS) to work with international payment cards issued by operators excluded by the regulator from the register, as well as to determine the […]

Stock indices of the Asia-Pacific region (APAC) are mostly falling on Friday, with the exception of the Chinese market, which turned to growth. Japan’s Nikkei 225 loses 1.4%, Hong Kong’s Hang Seng loses 0.2%, South Korea’s KOSPI loses 1.1% and Australia’s S&P/ASX 200 loses 1.1%. China’s Shanghai Composite index adds 0.8%, Shenzhen Composite – 1.5%. […]

Russia will increase spending under the State Defense Order by 600-700 billion rubles this year, First Deputy Chairman of the Board of the Russian Military Industrial Commission (MIC) Andrei Yelchaninov said in an interview with Interfax. “We forecast that the State Defense Order this year will grow by a guaranteed 600-700 billion rubles,” Yelchaninov said. […]

Export duty on wheat from Russia will increase to $131.6 from $129.2 per ton from June 16, according to the Ministry of Agriculture. The duty on barley, which has been kept at the same level for three weeks ($76.5 per ton), will go up to $92.8 per ton, while the duty on corn – will […]

Swiss trader Trafigura intends to withdraw from the Vostok Oil project in Russia. “The Group has ceased all oil trading with Russian entities under sanctions until the European Union and Swiss decisions take effect on May 15, 2022. The volumes of petroleum products from Russian sanctioned entities have also been substantially reduced to exclusively supply […]