The price of gas in Europe approached the $1,600 per 1,000 m³ mark during trading on the stock exchange on Thursday, data from London’s ICE exchange showed. The price of August futures at the TTF hub in the Netherlands rose to $1,582 per 1,000 cubic meters, or €145.75 per MWh (based on the […]

Mosbirji index collapsed by 6.85% to 2213.41 points, dollar indicator RTS fell by 6.09% to 1326.78 points. This is evidenced by the data of Mosbirzhi at 11:58 MSC. A sharp drop in indices followed the collapse of quotations of “Gazprom” by 30%. Shares of the gas company collapsed due to the decision of the shareholders’ […]

The Central Bank of Russia has presented a modernized 100-ruble bill, changed the color design and landmarks placed on the banknote. According to the Bank of Russia, the 100-ruble bill is dedicated to Moscow and the Central Federal District. The main image on the front side is a fragment of the Spasskaya Tower of the […]

In Russia, amid the improvement of the epidemic situation, previously imposed restrictions due to the coronavirus pandemic are being lifted, in particular, the mask regime is canceled, Rospotrebnadzor reported. “In connection with the continuing decline in the intensity of the epidprocess Rospotrebnadzor suspends previously imposed restrictions, including the mask regime, a ban on the work […]

Starting July 1, 2022, the regulated price of Gazprom (MCX:GAZP) gas in Russia will increase by 5% for industrial consumers and by 3% for households. This may automatically affect the gas supply price of independent producers, who sell gas tied to Gazprom’s regulated price, as well as the price of gas on the exchange. If […]

The Ukrainian authorities are considering the possibility of restructuring its foreign debt, Bloomberg has reported, citing sources. According to the agency, Ukraine has time until September 1, when it will have to pay $1.4bn of state debt including interest. One of the options under discussion is the use of frozen Russian assets as collateral, kommersant.ru […]

Russia’s manufacturing industry was stable in June, with a rebound in domestic demand softening the blow from a continued slump in exports, according to a survey on Friday, Reuters wrote. The business activity index (PMI) from S&P Global (NYSE:SPGI)rose to 50.9 from 50.8 in May, surpassing the 50.0 mark that separates growth from contraction, and […]

The European Commission, the European Parliament and the bloc’s member states on Thursday hammered out a new agreement on crypto industry reforms known as the Market for Cryptoassets (MiCA), which is the first attempt to create a comprehensive regulatory framework for digital assets in the region, CNBC writes. According to MEP Stephan Berger, the rules […]

Quotes of oil producer Rosneft rose by 8.7% at the opening of trading on Friday, July 1, reaching 393.7 rubles per share, according to trading data on the Moscow Exchange. By 10:50 MSC the share price corrected to 376.2 rubles (+3.85% to the close of the previous trading). The day before, on June 30, Rosneft’s […]

European countries are facing a serious new shock as a result of the reduction of natural gas supplies from Russia, experts at Deutsche Bank (ETR:DBKGn) believe. In their opinion, this could further increase inflation in the region and push the eurozone’s largest economy, Germany, into recession. “What has been unfolding in Europe in recent days […]

Unemployment in Japan in May unexpectedly rose to 2.6% from 2.5% in April, according to data from the country’s Ministry of Internal Affairs and Communications. Experts expected it to remain at the level of the previous month, Trading Economics notes. A year earlier, unemployment in Japan amounted to 3%. The number of unemployed in the […]

Oil quotations are weakly declining on Monday morning after the growth at the end of the previous week. The cost of September futures for Brent crude oil on the London-based ICE Futures exchange by 8:15 MSC on Monday is $111.61 per barrel, which is $0.02 (0.02%) lower than the price at the close of the […]

The volume of investments in the Moscow economy in 2022 has increased by more than 30%, the pace has increased, said the head of the Department of investment and industrial policy of the capital Vladislav Ovchinsky. “Over the past four months, the volume of investment in the real economy has increased. If last year we […]

American electric car maker Tesla (NASDAQ:TSLA) reduced deliveries in the second quarter by 18% compared to the previous three months – to 254.695 thousand, according to the company’s press release. This included Model S and Model X deliveries totaling 16,162k, Model 3 and Model Y deliveries totaling 238,533k. Negative factors were the continuing problems in […]

Every second resident of Germany is afraid of freezing in the coming winter due to the reduction of Russian gas supplies and inflation in the European Union, the German edition of Bild reports with reference to the INSA survey data. The majority of respondents – 75 percent – called the price increase a heavy or […]

During today’s trading, the US dollar is slightly cheaper against the euro, appreciating against the yen. Calculated ICE index, showing the dynamics of the dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), is down 0.02%, the broader WSJ Dollar Index – by 0.04%. As of 9:07 a.m. Moscow […]

French Schneider Electric has signed a binding agreement on the sale of assets in Russia to local management, the company reported. The deal is yet to be approved by regulators, the report specifies. As recalled in the company, since February 24, all new investments, as well as deliveries to Russia and Belarus were suspended. The […]

Standard Chartered’s wealth management division is maintaining a bearish stance on the US dollar for six to twelve months as they sense an important turning point in global currency markets is approaching. The UK-based, Asia-focused lender meanwhile upgraded its stance on UK equities, saying they are now offering good value and exposure to the commodities […]