Eurostoxx futures -0.2% in early European trading
German DAX futures -0.2% UK FTSE futures flat Spanish IBEX futures -0.2% This somewhat mirrors the mood in US futures, with S&P 500 futures seen down 0.5%. Meanwhile, Nasdaq futures…
The ECB raised interest rates for the first time in 11 years – by 50 bp.
The European Central Bank (ECB) following a meeting on Thursday raised interest rates for the first time in 11 years, immediately by 50 basis points (bp). The base interest rate…
Recession risks are pushing demand for oil down – analysts expect $100 per Brent in the second half of the year. Review
Fears about a recession in the global economy, which may come due to the crisis in the energy market, dropped Brent prices by 7% in July. To date, the cost…
World’s largest cruise operator raises $1 billion on the stock market
The world’s largest cruise operator Carnival Corp. placed shares for $ 1 billion to raise funds, in particular, to pay off debt. The company said it sold about 102.14 million…
RF collected more than 30 million tons of grain by July 21
Russian farmers harvested more than 30 million tons of grain by July 21, according to the Ministry of Agriculture. The yield is significantly higher than last year – 41.7 centners…
American Airlines Records Record Q2 Revenue
American Airlines Group recorded record revenue in the second quarter of 2022 and said it sees potential for its further growth due to the expected increase in demand for business…
FOREX TODAY: MARKETS TURN CAUTIOUS AHEAD OF KEY MACROECONOMIC EVENTS
Here is what you need to know on Wednesday, July 20: The dollar selloff seems to have taken a break on Wednesday with the US Dollar Index moving sideways above…
Germany June PPI +0.6% vs +1.3% m/m expected
Prior +1.6% PPI +32.7% vs +33.9% y/y expected Prior +33.6% German producer prices continue to creep higher but at a slower rate than estimated at least. The strong upwards trend…
FAS found Apple guilty of abusing the app market
The Federal Antimonopoly Service (FAS) of Russia has recognized the American company Apple as a violator of antitrust laws, the service said. „The Commission of the Federal Antimonopoly Service of…
Maxim Shepelev replaces Gennady Galperin as CEO of IC Rosgosstrakh
Maxim Shepelev will become the new CEO of IC Rosgosstrakh and replace Gennady Galperin in this post, the insurer said in a statement. Galperin’s three-year labor contract expires on July…