Quotes of futures on the level of the base interest rate in the U.S. indicate a 100 percent probability of its rise by the Federal Reserve System (FRS) by 50 basis points (bp) in May and June, Bloomberg reports. The last time the U.S. Central Bank raised the rate by 50 bps in May 2000. […]

Oil prices are rising today due to fears of lower supply on the global market with a sharp decline in US inventories. Production in Libya fell due to political protests, while European countries continue to discuss the possibility of limiting imports of Russian energy resources. For example, German Foreign Minister Annalena Berbock said yesterday that […]

Danish Carlsberg may sell Russian Baltika to AB InBev Efes, and Tesla shares rose in price by 5% after the report on record results of the first quarter – these and other important news for Thursday morning, April 21, in our daily review. AB InBev Efes, controlled by Turkey’s Anadolu Efes, may become the buyer […]

Revenue at US electric car maker Tesla Inc. in January-March rose 81% (year-on-year) to $18.76 billion. Net income increased 7.7 times to $3.32 billion, or $2.86 per share, up from $438 million, or $0.39 per share, a year earlier. Experts surveyed by FactSet had on average forecast Tesla’s quarterly revenue at $17.7 billion and net […]

U.S. indexes ended trading mixed on Wednesday as a 35% drop in Netflix Inc shares weighed on technology stocks, but big earnings from other companies lifted the Dow index. Additional corporate earnings reports will be released on Thursday when AT&T and Snap report. Analysts are watching corporate reports to see how companies are preparing for […]

Head of the Bank of Russia Elvira Nabiullina said during a report in the State Duma that the regulator will consider the possibility of reducing the key rate at the next meetings. The nearest meeting of the Central Bank’s Board of Directors is scheduled for April 29. Nabiullina also said that the Russian economy needs […]

The share of the European currency in international settlements fell sharply in March amid geopolitical uncertainty and rising inflation around the world. According to data from the SWIFT settlement system, it fell to 35.4%, the lowest since June 2020, down from 37.8% in February. The drop was the sharpest since 2011. Demand for settlements in […]

Austrian refineries of oil and gas company OMV stopped processing Russian crude oil in March, TASS reported citing the company’s information. “During March, we replaced these volumes with other crude oil from the market. At present we are not processing Russian oil,” the representative of the Austrian company noted. It is noted that the share […]

The United Kingdom on Thursday added 26 more individuals and entities to the sanctions lists against Russia, including Defense Ministry spokesman Igor Konashenkov and Russian Railways head Oleg Belozerov. Alexander Chupriyan, acting head of the Emergencies Ministry, and Nikolai Bogdanovsky, first deputy chief of the General Staff, also fell under the sanctions. In the sanctions […]

Billionaire Vagit Alekperov has informed Lukoil of his decision to give up the position of the company’s president ahead of schedule and resign from its board of directors. This is stated in a message on the Lukoil website. Why Alekperov made such a decision, when he will resign and who may replace him, the Lukoil […]

The unprecedented rise in yields on 10-year U.S. Treasury bonds to a 3-year high has narrowed the gap with Chinese sovereign bonds, something that hasn’t happened in more than 10 years, which analysts believe reflects the divergence in monetary policy between the two countries, CNBC wrote. Investors have begun to watch the phenomenon closely as […]

Oil quotations are falling in the morning trading on Friday after the previous day’s growth and may end the week with a decline of about 4% due to concerns about the slowdown in global economic growth and demand for fuel. The main negative factor for the oil market in the outgoing week was the deterioration […]

Consumer prices in Japan rose 1.2% in March from the same month a year earlier, data from the country’s Ministry of Internal Affairs and Communications showed. This is the maximum rate of rise in 3.5 years – since October 2018. The rise marked the seventh consecutive month of growth. In February, inflation stood at 0.9 […]

The UK’s Office of Financial Sanctions Implementation (OFSI) has authorized payments to Gazprombank or its subsidiaries under contracts for gas supplies to the European Union. The license covers servicing of contracts signed before its effective date (April 21) and is valid until May 31, 2022, OFSI said. GPB was placed on the UK sanctions list […]

Germany may pay Russia a record €33.9 billion for oil, gas and coal in 2022, and the media have learned the amount of the deal on Potanin’s purchase of Rosbank from Societe General – these and other important news for Friday morning, April 22, in our daily review. Germany may pay €3 billion more for […]

In January-March 2022, Petropavlovsk increased gold production by 8% to 103 thousand ounces, the company reported. This was due to increased production at Pioner, as well as the processing of third-party concentrate. Petropavlovsk is lowering its 2022 production forecast to 375-405 thousand ounces from 380-420 thousand ounces: the production forecast from own material remains at […]

On Friday morning, stock indices in the Asia-Pacific region declined due to the fact that the head of the U.S. Federal Reserve Jerome Powell tightened his stance on inflation. Investors are now expecting a more decisive tightening of monetary policy. Japan’s Nikkei 225 index was down 1.96% by 22:01 Eastern Time (02:02 GMT). Data released […]

NOVATEK announced that it will not publish its financial statements or hold a teleconference with investors on the results of the first quarter of 2022. The company did not give any reasons for this decision. The day before, at the annual meeting, NOVATEK’s shareholders approved the payment of final dividends for 2021 in the amount […]