Eurozone trade balance the highlight in Europe today
Major currencies are seeing little change with the dollar mostly steady, as all eyes turn towards the US retail sales data later today. Equities and bond yields are also observing light changes,…
Russians warned of another wave of coronavirus
The emergence in Russia of new variants of the omicron strain of coronavirus will lead to an increase in the number of infections, which is now observed in Moscow, warned…
US stocks fall almost 2% on labor market statistics
Major US stock indexes on Thursday are down almost 2% on the data on the labor market in the US, according to trading data. As of 17.35 Moscow time, the…
Austria says it will get rid of dependence on Russian gas in autumn
Oil and gas company OMV’s plans to provide pipeline capacity for non-Russian natural gas will allow Austria to significantly reduce dependence on supplies from Russia from October, said Energy Minister…
Latvia approves ban on Russian gas supplies
The Latvian parliament adopted amendments to the law that provide for a ban on gas supplies from Russia, the press service of the Seimas said on Thursday. „On Thursday, the…
The expert predicted the return of foreign brands to Russia
Well-known brands can return to Russia through friendly countries. This was stated by the director of the Institute of Recent States Alexei Martynov. The expert noted that well-known brands will…
WTI Crude Oil Forecast: Threatening 200-Day EMA
The West Texas Intermediate Crude Oil market went back and forth on Wednesday as we continue to see a lot of noisy behavior in general. The 200-day EMA is an indicator that a lot of…
The Ministry of Industry and Trade will resume programs to support demand for cars in the amount of 20.7 billion rubles.
Moscow. the 14 th of July. INTERFAX.RU – The Ministry of Industry and Trade of Russia resumes the implementation in 2022 of programs to stimulate demand for Russian-made cars with a total budget…
FX option expiries for 14 July 10am New York cut
Just a couple to take note of, as highlighted in bold. The first being for USD/JPY at 139.00 as we see buyers look to push for a larger breakout towards the…
Severstal offered holders of Eurobond-2022 to allow payments in rubles
Moscow. July 13. INTERFAX.RU – Severstal has proposed to holders of dollar-denominated Eurobonds maturing in 2022 to approve a change in the procedure for servicing debt securities, allowing payments in rubles to…