The volume of Russian crude oil exports will not be significantly affected by the fuel price limit set by the G7 countries, as Russian trade is redirected from the countries that have adopted sanctions to the countries that did not impose them. This is stated in the forecast of the International Monetary Fund (IMF). Earlier […]

Broker Tinkoff Investments (LON:TCSq) has reduced the commission on deals with options five times. From January 30, the commission on transactions with options will be 0.4 rubles for each option, RBC reports with reference to the broker’s press service. Options are contracts that give the investor the right to buy or sell the underlying asset […]

The conflict in Ukraine will accelerate the abandonment of oil and gas as countries around the world prioritize their own renewable energy sources to improve security of supply and reduce carbon emissions, according to an annual report by oil and gas company BP . It expects a much steeper decline in demand for fossil fuels […]

Greetings colleagues, I have made a forecast on such assets as US Crude, XAUUSD and EURUSD using a combination of margin zone techniques and classical technical analysis. Based on this analysis, I have generated a list of trade entry signals for intraday traders. Euro is correcting within the framework of a short-term uptrend. OIL OUTLOOK […]

Japan’s retail sales in December 2022 rose for the 10th straight month, the pace of increase accelerated and was better than analysts’ expectations. Sales rose 3.8% from December 2021, the Ministry of Economy, Trade and Industry said. They rose 2.5 percent in November. Experts surveyed by Trading Economics had on average forecast a 3% rise. […]

German authorities intend to take measures to limit imports of Russian liquefied natural gas (LNG), Bloomberg reports citing a government document. “The German government wants to limit imports of Russian LNG, thus making additional efforts to reduce its dependence on energy supplies from Russia,” the document said. According to Bloomberg, Deputy Energy Minister Patrick Greichen, […]

The EU has claimed problems for local businesses due to easier imports of Ukrainian grain, and the IMF has predicted growth of the Russian economy in 2023 and 2024 – these and other important news for Tuesday morning, January 31, in our daily review. Imports of agricultural products from Ukraine to neighboring EU countries rose […]

Business activity in China rose more than expected in January, government data showed on Tuesday, as the recent easing of COVID-19 measures and Lunar New Year celebrations helped overcome a 3-month slump. China’s manufacturing business activity index (PMI) rose to 50.1 in January, higher than the expected 49.8 and December’s 47.0. A reading below 50 […]

The volume of assets of Russians, blocked due to sanctions, amounted to 5.7 trillion rubles at the end of November 2022. This estimate was given by Olga Shishlyannikova, director of the Department of Investment Financial Intermediaries of the Bank of Russia, writes RBC. “We have 5.7 trillion rubles of blocked assets as of November 30 […]

US bank Goldman Sachs Group (NYSE:GS) has transferred a number of assets in Russia to former top managers of Russian businesses, the Financial Times writes, citing informed sources. According to the sources, Goldman’s stakes in HeadHunter (MCX:HHRUDR) and Cian were sold to Maxim Klimov and Anton Shrader. They previously worked as managing directors of the […]

There are signs that the weather in the United States may turn bad at some point. But it doesn’t look like it will happen fast enough to stop the bears from pushing natural gas futures lower. The March Henry Hub gas contract on the New York Mercantile Exchange fell 17.2 cents, or 6%, to $2.677 […]

Moscow Exchange plans to launch trading in futures on Japan’s Nikkei index and Germany’s DAX index in a few weeks. This was announced by Kirill Pestov, Managing Director of Mosbirzh Business Development Department, at the forum “Russian Financial Market Facing Global Challenges. Results and forecasts”, RBC reports. “In the next couple of weeks we plan […]

A U.S. appeals court on Monday rejected Johnson & Johnson’s attempt to transfer tens of thousands of lawsuits against its talcum powder products to bankruptcy court, Reuters writes. J&J is among 4 large companies in the U.S. that have declared 2-stage bankruptcy to avoid potential massive lawsuits by creating subsidiaries to cover liabilities and immediately […]

In 2022, central banks will accumulate 1,136 tons of gold worth about $70 billion – a record amount since 1967, Reuters writes, citing data from the World Gold Council (WGC). There has been a noticeable change in attitudes toward gold since the 1990s and 2000s, when central banks, especially in Western European countries holding large […]

The ChatGPT chatbot from OpenAI, a company co-founded by Iron Man himself, promises to become almost the main discovery of the year. Already now the neural network can dialog, search for errors in the code, compose poems, write scripts and even articles. It is encouraging that the bot is not very good at investing. When […]

Twitter (NYSE:TWTR) CEO Ilon Musk is going to organize the platform’s payment system so that crypto features can be added to it in the future, Cointelegraph writes. Musk has long planned to create Twitter a “universal app for everything.” He envisioned that the payments feature on the platform would support the launch of fiat currencies, […]

The US Federal Reserve will begin its 2-day monetary policy meeting today amid weakening economic data, although the International Monetary Fund has slightly raised its forecasts for this year. The Eurozone appears to have avoided recession in the second half of last year, but it too is suffering from a loss of momentum at the […]