Consumer prices in France in May 2022, calculated according to French standards, increased by 5.2% in annualized terms after growth of 4.8% in April, according to the final data of the National Statistics Office Insee. Relative to the previous month, prices rose 0.7%. The first indicator coincided with the previously announced dynamics. Earlier it was […]

Today’s trading in the Russian stock market began with the growth of the MosBirch index by 0.2%, the RTS index – by 0.3% on the background of mixed signals from the world stock markets in anticipation of the decision of the U.S. Federal Reserve on the key rate. Western European stock markets ended trading on […]

Former Federal Reserve Bank of New York (FRB) Governor William Dudley believes that the Federal Reserve (Fed) will raise the benchmark interest rate by 75 basis points at the end of Wednesday’s meeting to curb US inflation. “My sense is that the Fed has already decided to raise the rate by 75 bps, rather than […]

Bloomberg has learned about US concerns over the “side effect” of sanctions, and Tinkoff (LON:TCSq) will allow currency fund units to be traded on the OTC market – these and other important news for Wednesday morning, June 15, in our daily review. A number of U.S. presidential administration officials are expressing concern that the sanctions, […]

Sberbank’s (MCX:SBER) loan portfolio will grow by about 4% in 2022, including corporate loans – by 2%, the bank’s first deputy chairman Alexander Vedyakhin said in an interview with Interfax. “It will grow by about 4% (the total loan portfolio in 2022),” Vedyakhin said. Speaking about the corporate loan portfolio, he noted that high interest […]

The exchange price of gas at the opening of trading on ICE Futures exceeded $1100 per thousand cubic meters. At the beginning of trading, the cost of July futures at the TTF hub in the Netherlands rose by 8% to €104.8 per 1 MWh, or about $1153 per thousand cubic meters, taking into account the […]

Russia, despite a decline in oil production in April, increased volumes in May and remains one of the world’s leading producers. Russian oil production in May rose to 10.55 million bpd, the country will retain its third place in the list of production leaders, the International Energy Agency (IEA) wrote in its report. “Russia’s outlook […]

The International Energy Agency (IEA) has maintained its estimate of global oil demand growth at 99.4 million b/s, according to the agency’s monthly report. The agency also released a forecast of oil consumption in 2023. According to the report, the IEA expects oil consumption growth to accelerate to 2.2 million b/s in 2023. “Global oil […]

Car sales in the European Union in May declined by 11.2% relative to the same period in 2021, according to the European Automobile Manufacturers Association (ACEA). The drop continues for the eighth consecutive month amid a persistent global shortage of semiconductor components, which negatively affects the automotive industry. The figure was down 20.6% in April […]

The U.S. stock market rose with relief after the U.S. Federal Reserve took a tougher stance on curbing inflation, raising the benchmark rate by three-quarters of a percentage point and signaling that more is to come. Stocks have fluctuated in recent days ahead of the Fed’s decision. Investors worried that it would act so tightly […]

SPX Exchange will launch trading in Hong Kong-listed shares, and analysts warned of the risk of Apple’s market value falling below $2 trillion – these and other important news for Thursday morning, June 16, in our daily review. SPX Exchange, together with Tinkoff (LON:TCSq) Investments, will launch trading in shares listed on the Hong Kong […]

Russia has restored oil production to a level close to that recorded in February, Deputy Prime Minister Alexander Novak told reporters today on the sidelines of the St. Petersburg International Economic Forum (SPIEF). According to him, Russia’s oil production growth may continue in July. “I think there are prerequisites for us to continue (to increase […]

Under current conditions, it is necessary to rethink the value of exports, reorient production to the domestic market, and increase the degree of processing, according to Elvira Nabiullina, Chairman of the Bank of Russia. “We, as a country, are currently losing from participation in the international division of labor, because our exports are discounted and […]

The Russian stock market started today’s trading in the major on the background of mixed signals from external stock markets after the US Federal Reserve raised the interest rate by 0.75 p.p.. Stock markets in Europe ended the trading with a steady growth. American stock indicators grew yesterday by 1-2.5%. Today, the main indices of […]

U.S. Baker Hughes is recalling its service engineers for key process equipment (gas turbines and compressors) from NOVATEK’s (MCX:NVTK) Yamal LNG and Gazprom’s (MCX:GAZP) Sakhalin-2 projects, as well as project engineers from NOVATEK’s Arctic LNG-2 project under construction, Kommersant reported. The company is also halting all shipments of equipment for LNG projects in Russia, sources […]

The euro and Japanese yen are getting cheaper against the U.S. dollar after the publication of the results of the June meeting of the U.S. Federal Reserve. The Fed raised the federal funds rate by 75 basis points at once following the results of the two-day meeting, which ended on Wednesday. The last time the […]

The Central Bank of the Russian Federation will not force banks to lend to non-returnable or too risky projects, but is ready to “release” a part of risks into the system to finance transformation projects, Central Bank Chairman Elvira Nabiullina said at the session “Russian Economy: Modern Challenges and Points of Support” at SPIEF. “Structural […]

X5 Retail Group (MCX:FIVEDR) has reached an agreement with Finnish holding SOK Retail Int. OY, which had previously announced that it would cease its trading activities in Russia, to acquire the company that operates supermarkets under the Prisma brand in St. Petersburg, as well as a culinary shop. The deal will include 15 supermarkets and […]