Quotes of futures for Brent crude oil with delivery in July as of 05:43 MSC rose to $120.5, which is 0.9% above the closing level on Friday. As of 11:30 MSC prices corrected to $116.53. This is evidenced by the trading data of the ICE Futures exchange. The contract price exceeded the $120 mark for […]

The Rosneft Board of Directors recommended to the shareholders’ meeting to pay dividends for 2021 in the amount of 23 rubles. 63 kopecks per share. A total of 441.5 bln rubles of dividends will be paid. On the news of this, the company’s shares rose by 3%. A press release on Rosneft’s website says that […]

The dollar declined in early European trading on Monday, nearing its first monthly drop in 5 months, as a calmer risk appetite and heightened expectations of a pause in the U.S. Federal Reserve’s tightening cycle took their toll. At 02:55 am ET, the dollar index, which tracks its exchange rate against a basket of 6 […]

With a volatile month in the stock market coming to an end, investors will be looking forward to Friday’s U.S. non-farm payrolls report, which could help set the tone for the market in June. Recent encouraging economic data has raised hopes that the U.S. Federal Reserve will be able to tighten monetary policy without plunging […]

There are no objective reasons for Russia’s default in the current situation, Russia is ready to pay its obligations, presidential spokesman Dmitry Peskov told reporters today. “There can be no objective reasons for default. There is money, there is readiness to pay them – whether in rubles, or whether under a scheme that may be […]

Today stock indices of the largest countries of the Asia-Pacific region are changing without a single dynamics. The Chinese market is supported by good statistical data, as well as the weakening of anti-commodity restrictions in the country. The Purchasing Managers’ Index (PMI) in China’s manufacturing industry rose to 49.6 points in May from 47.4 points […]

Russia this year due to the accident at the Fedorovsky hydroelectric complex in the Krasnodar region (the main producer of rice in the Russian Federation) may reduce the harvest of this cereal crop to 700 thousand tons, predicts the president of the Russian Grain Union Arkady Zlochevsky. “Kuban produces 80% of rice. Usually we harvest […]

Fed Board of Governors member Christopher Waller favors raising the key interest rate by 50 basis points at each meeting until inflation in the United States begins to decline. “I support tightening monetary policy by 50 basis points at several more meetings,” Waller said, speaking at an event in Frankfurt. – I wouldn’t rule out […]

In today’s trading, the euro is declining against the dollar after a sharp rise the day before on data on the acceleration of inflation in Germany. As of 9:27 Moscow time, the euro was at $1.0741 compared to $1.0779 at market close on Monday. During the previous session, the euro reached the maximum in 5 […]

The ban on the purchase of real estate in the EU by Russian citizens, considered earlier as one of the possible restrictive measures, has been excluded from the forthcoming new sanctions package, Bloomberg reported citing sources. “The measure to ban Russians from buying real estate in the EU has been removed from the next version […]

European Union leaders agreed on a partial ban on oil imports from Russia, and Sberbank will be disconnected from the SWIFT payment data exchange system – these and other important news for Tuesday morning, May 31, in our daily review. European Union leaders have agreed on a partial ban on oil imports from Russia; pipeline […]

“Gazprom” stopped supplying gas to the Netherlands because of the country’s refusal to pay in rubles, according to the company’s message in Telegram. Russian President Vladimir Putin had earlier instructed to transfer payment for gas in rubles from April 1. “Gazprom has completely stopped gas supplies to GasTerra B.V. (Netherlands) due to non-payment in rubles,” […]

McDonald’s restaurant chain has filed applications to Rospatent for registration of brands: “It’s him”, “Exactly him” and “Compass”, as well as applications for registration of three more new brands, reports the agency “Moscow” with reference to the documentation of the office. The applications for registration were filed on May 27. According to the agency, the […]

Two leading cryptocurrency companies, Ripple and FTX, said they are searching for lucrative acquisitions as the entire crypto industry hopes to fuel its growth by buying other companies, CNBC writes. Brett Harrison, president of cryptocurrency exchange FTX U.S., said he is looking for companies to help acquire more users and regulatory licenses for his exchange, […]

Iran has accumulated 43 kilograms of uranium enriched by 60%, thus adding almost 10 kilograms to the stockpile made earlier, Bloomberg reported yesterday, citing the IAEA quarterly report. “In the absence of restrictions, Iran has accumulated 43 kilograms of uranium enriched at 60% – an increase of 30% over the past three months,” the report […]

Consumer prices in the euro area in May 2022 increased by 8.1% in annualized terms, according to preliminary data from the Statistical Office of the European Union (Eurostat). This is the maximum indicator in the history of the introduction of calculations. In April, annual inflation in the eurozone was 7.4%. Analysts surveyed by Trading Economics, […]

The average daily production of oil with condensate in Russia at the end of 30 days of May amounted to 1389.9 thousand tons, which is 1.1% more than the level of April, a source familiar with the statistics data told Interfax. At the same time, oil companies increased production by 3% against the April level […]

Tinkoff Bank plans to increase commissions on SWIFT-transfers from June 6, the bank said in its official Telegram channel. Earlier, announcing these changes, the credit organization noted that SWIFT transfers are becoming more complex, requiring many new procedures from the bank. From June 6, the commission of Tinkoff Bank will be 1% of the amount […]