The Dutch government yesterday declared the first (of three) levels of gas crisis – “Early Warning”, in connection with which, in particular, canceled all restrictions on electricity generation at coal-fired plants, and production at the Groningen gas field, which is planned to be closed due to a sharp increase in seismic activity, may remain longer […]

Currency analysts at MUFG note that monetary policy divergence will continue to undermine the yen when interest rates rise outside Japan, while the Bank of Japan maintains a very loose monetary policy. However, tightening global risk conditions will provide an element of protection for the yen, and countering the weakening of the yen in Japan […]

The dollar exchange rate collapsed below 55 rubles for the first time since June 2015, and the Ministry of Finance offered three new benefits for personal income tax payments – these and other important news for Tuesday morning, June 21, in our daily review. The dollar exchange rate fell 65 kopecks, or 1.17%, to 54.98 […]

The main tool of the world’s central banks to fight inflation today is the tightening of monetary policy, and in particular, raising the interest rate. The U.S. Federal Reserve, the European Central Bank, the Swiss National Bank and the Bank of England are making varying degrees of effort to curb inflation, CNBC writes. But according […]

The dollar declined in early European trading on Monday amid a broader rise in risk appetite, but remains elevated as the U.S. Federal Reserve maintained its tightening stance. At 03:15 a.m. ET (07:15 GMT), the dollar index, which tracks its exchange rate against a basket of six other currencies, was trading 0.2 percent lower at […]

Ordinary shares of the energy company Quadra rose by 14.33% at the beginning of the main session of the Moscow Exchange and were trading at a maximum of 0.013605 rubles per share at 10:03 MSC, according to the trading floor data. Preferred shares of the energy company rose by 4.19% to 0.009195 rubles per share […]

The price of a lunch with American investor Warren Buffett rose to $3.5 million, an absolute record for the 12 years of the charity event. The right to have lunch and talk with Mr. Buffett was sold at an auction. 10 people took part in the auction. The winner wished to remain anonymous. The recipient […]

Funds of legal entities in Russian banks in May increased significantly – by 859 billion rubles, or 2.2%, mainly at companies in the oil and gas industry, according to the review of the Central Bank of the Russian Federation “On the development of the banking sector”. The regulator notes that both ruble balances of corporate […]

In today’s trading, the US dollar is strengthening against the euro and the pound sterling, but has moved to a decline in the pairing with the yen after jumping to its highest since 1998 during the session. The market’s focus is on the speech in the US Senate Banking Committee by Federal Reserve (Fed) Chairman […]

International rating agency Fitch Ratings has raised its near-term cost estimates for iron ore, nickel, zinc and coking coal, which it uses in forecasting the operating and financial performance of companies in the industry. This reflects stronger post-pandemic demand and supply disruptions, especially from Russia. “We expect low stockpiles, rising demand amid economic stimulus and […]

Stock indices of the largest countries of the Asia-Pacific region in the course of trading on Wednesday demonstrate negative dynamics. In general, the markets are in a wait-and-see mood before the speech of U.S. Federal Reserve Chairman Jerome Powell in Congress with the traditional semi-annual report on monetary policy, analysts say. Chinese index Shanghai Composite […]

The export duty on wheat from Russia was raised to $142 per ton from $131.6 from June 22, the Agriculture Ministry said. The duty on barley increased to $117.5 from $92.8, on corn – to $86.5 from $84 per ton. These duties will be in effect until June 28. The amount of duties is calculated […]

Oil prices turned to decline on Wednesday after rising at the end of the previous session. The market is waiting for the data of the American Petroleum Institute (API) on inventories in the United States, as well as the speech of the Chairman of the Federal Reserve System (Fed) Jerome Powell in the Senate Banking […]

The Ministry of Finance may take Rb 416bn from Gazprom, and banks asked to return their money stuck in NSD in another currency due to sanctions – these and other important news for Wednesday morning, June 22, in our daily review. The Association of Banks of Russia (ABR) has proposed to the Central Bank options […]

In May this year, consumer prices in the UK jumped by 9.1% compared to the same month last year, according to data from the country’s National Statistical Office (ONS). Thus, inflation accelerated compared to April, when it amounted to 9%, and updated the maximum for more than 40 years. Analysts polled by Bloomberg also on […]

The U.S. market generally rose on Tuesday after the U.S. holiday weekend as investors tried to forget last week’s rout. Fears of an impending recession still linger, but investors ignored that, pushing the technology and other sectors higher earlier in the week. Overall, according to Tom Barkin, head of the FRB Richmond, the Fed supports […]

The U.S. dollar and euro are falling on the “Moscow Exchange”. The dollar fell below 53 rubles for the first time since June 3, 2015, the euro fell almost to 55 rubles for the first time since May 26, 2015. The US dollar exchange rate amounted to 52.92 rubles at 10:28 Moscow time, which is […]

The Federal Antimonopoly Service has developed norms for gas sales on the exchange for Gazprom and independent producers, according to the service’s report. It refers to the National Competition Development Plan, according to which by 2026 at least 10% of natural gas from the total volume of supplies to the domestic market should be sold […]