UK June payrolls change +31k vs +90k prior
Prior +90k June claimant count change -20.0k Prior -19.7k May ILO unemployment rate 3.8% vs 3.9% expected Prior 3.8% May employment change 296k vs 170k expected Prior 177k May average…
Central banks are trying to stop inflation and devaluation
The Federal Reserve’s successive rate hikes are putting pressure on central banks around the world to follow the Fed’s lead to counter rising inflation and a stronger dollar . More…
Sberbank gave a forecast for the ruble exchange rate on Monday
Oil quotes may rise to $105 per barrel at auction on Monday, Sber CIB analysts wrote. „On Monday morning, Brent oil futures rose to $103 a barrel due to the…
Investors are betting that the euro will continue to fall to $0.9, poll results show
The European Central Bank’s fight to restore confidence in financial markets has become much more difficult. After a week marked by a new crisis in Rome, MLIV readers are warning…
Chinese firms sell goods to Russia needed for military operation in Ukraine
Chinese exports to Russia of microchips and other electronic components and raw materials, some of which have military applications, have surged since the conflict in Ukraine, complicating efforts by the…
Market Dead: Investors Avoid 20-Year Treasury Bonds
Investors are shunning 20-year US government bonds, which is changing the balance of power in the US $23 trillion Treasury bond market. Demand for 20-year government bonds has been so…
Eurostoxx futures +0.8% in early European trading
German DAX futures +0.6% UK FTSE futures +0.6% This mirrors the optimistic tone from US futures, with S&P 500 futures seen up 0.5% currently. So far to start the new…
Germany has slightly reduced the rate of gas injection into underground storage
Gas Infrastructure Europe (GIE) data show that Germany has slightly reduced the rate of injection into underground gas storages (UGS). The average level of their occupancy as of July 15…
Putin noted the efficiency of the Russian mining and metallurgical complex
Russian President Vladimir Putin noted the efficiency and great potential for the development of the country’s mining and metallurgical complex in his congratulations on the 65th anniversary of metallurgy. The…
The Russians were told what will happen to the prices of air tickets
Given the restrictions on the aviation sector, one can hardly expect cheaper air tickets in the near future. This is especially true for foreign travel, where there are direct restrictions…