Gold Technical Analysis: Attempts to Dominate the Bulls
Gold futures extended their gains since the start of trading this week. Gold prices were the closest to testing the psychological top of 1800 dollars an ounce. The price of the yellow…
Eurostoxx futures +0.1% in early European trading
German DAX futures +0.3% UK FTSE futures +0.1% European indices saw a modest advance yesterday, with the gains not as stark as that of Wall Street. There is some balancing…
Risk tones keep calmer so far on the day
US-China tensions weighed on sentiment yesterday all before Pelosi’s arrival in Taiwan and that lit up the animal spirits in markets. Wall Street still closed the day on a softer…
RusHydro’s GDR and ADR program ended on the London Stock Exchange
Depository receipts of PJSC RusHydro were excluded from the list of securities admitted to trading on the London Stock Exchange (LSE) on August 2, the energy company said. We are…
OR Group defaulted on the payment of a coupon of bonds 002Р-01 for 3.45 million rubles
LLC „OR” (former name „Obuv Rossii”) defaulted on the payment of the 9th coupon on bonds series 002R-01 in the amount of 3.454 million rubles, the company said. The reason…
Eurostoxx futures -0.7% in early European trading
German DAX futures -0.7% UK FTSE futures -0.6% Spanish IBEX futures -0.7% This mirrors the softer mood seen in US futures, with S&P 500 futures down 17 points, or 0.4%,…
The Central Bank extended the restrictions on the withdrawal of cash foreign currency until March 9, 2023
The Bank of Russia, as it had warned, extended the restrictions on foreign currency cash withdrawals for another six months, until March 9, 2023, the regulator said in a press…
Germany June retail sales -1.6% vs +0.2% m/m expected
Prior +0.6%; revised to +1.2% Retail sales -8.8% vs -8.0% y/y expected Prior -3.6%; revised to +1.1% The only bright spot was a revision to the May figures and the…
Presiden Biden tests positive for covid again
Biden appeared to emerge from a mild case of covid last week after a round of Paxlovid treatment but the virus returned today. There was a time when the President…
The French economy bloomed again in the second quarter, but inflation still threatens
The clouds of recession have dissipated, not those of inflation: France recorded net growth of 0.5% in the spring, but rising prices continue to weigh on consumption. The first estimate…