Stock markets in the Asia-Pacific region (APR) are mostly rising in trading on Tuesday, with the exception of China’s Shanghai Composite. Meanwhile, the markets remain concerned about recession in the global economy. Investors fear that the efforts of the U.S. and European central banks to slow inflation, which is at a 40-year high, may become […]

The dollar exchange rate shows a moderate decline in the pair with the euro and the pound, weakly changing to the yen. Calculated by ICE index, showing the dynamics of the dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), decreases during morning trading by 0.29%. The broader WSJ […]

A draft law simplifying the procedure of obtaining land plots for lease for Russian farmers has been submitted to the State Duma, the Ministry of Agriculture reports following a meeting between Deputy Agriculture Minister Svetlana Khodneva and Deputy Speaker of the lower house of parliament Alexei Gordeev. The bill provides for the possibility of granting […]

A significant rise in sugar prices over the past four weeks has been noticed by 40% of Russians, according to the data of a survey by the Public Opinion Foundation (FOM), published on the official website of the sociological center. The results of the survey show that, according to 39% of Russians, meat and poultry […]

Last week, the Federal Reserve engaged in an aggressive round of policy tightening, raising the policy rate by 75 basis points (although just weeks before, Chairman Powell had openly stated that the Committee was not actively considering such a scenario). Apparently, they did so passively. The real yield on 5-year inflation-protected government bonds (TIPS) rose […]

Minister of Labor and Social Protection of the Russian Federation Anton Kotyakov has announced an increase in the number of the unemployed registered in employment centers. “In the Russian Federation there is an increase in the number of unemployed registered in employment centers,” Kotyakov said at an extended meeting of the Federation Council Committee on […]

The Dutch government yesterday declared the first (of three) levels of gas crisis – “Early Warning”, in connection with which, in particular, canceled all restrictions on electricity generation at coal-fired plants, and production at the Groningen gas field, which is planned to be closed due to a sharp increase in seismic activity, may remain longer […]

Currency analysts at MUFG note that monetary policy divergence will continue to undermine the yen when interest rates rise outside Japan, while the Bank of Japan maintains a very loose monetary policy. However, tightening global risk conditions will provide an element of protection for the yen, and countering the weakening of the yen in Japan […]

The dollar exchange rate collapsed below 55 rubles for the first time since June 2015, and the Ministry of Finance offered three new benefits for personal income tax payments – these and other important news for Tuesday morning, June 21, in our daily review. The dollar exchange rate fell 65 kopecks, or 1.17%, to 54.98 […]

The main tool of the world’s central banks to fight inflation today is the tightening of monetary policy, and in particular, raising the interest rate. The U.S. Federal Reserve, the European Central Bank, the Swiss National Bank and the Bank of England are making varying degrees of effort to curb inflation, CNBC writes. But according […]

The dollar declined in early European trading on Monday amid a broader rise in risk appetite, but remains elevated as the U.S. Federal Reserve maintained its tightening stance. At 03:15 a.m. ET (07:15 GMT), the dollar index, which tracks its exchange rate against a basket of six other currencies, was trading 0.2 percent lower at […]

Ordinary shares of the energy company Quadra rose by 14.33% at the beginning of the main session of the Moscow Exchange and were trading at a maximum of 0.013605 rubles per share at 10:03 MSC, according to the trading floor data. Preferred shares of the energy company rose by 4.19% to 0.009195 rubles per share […]

The price of a lunch with American investor Warren Buffett rose to $3.5 million, an absolute record for the 12 years of the charity event. The right to have lunch and talk with Mr. Buffett was sold at an auction. 10 people took part in the auction. The winner wished to remain anonymous. The recipient […]

Funds of legal entities in Russian banks in May increased significantly – by 859 billion rubles, or 2.2%, mainly at companies in the oil and gas industry, according to the review of the Central Bank of the Russian Federation “On the development of the banking sector”. The regulator notes that both ruble balances of corporate […]

In today’s trading, the US dollar is strengthening against the euro and the pound sterling, but has moved to a decline in the pairing with the yen after jumping to its highest since 1998 during the session. The market’s focus is on the speech in the US Senate Banking Committee by Federal Reserve (Fed) Chairman […]

International rating agency Fitch Ratings has raised its near-term cost estimates for iron ore, nickel, zinc and coking coal, which it uses in forecasting the operating and financial performance of companies in the industry. This reflects stronger post-pandemic demand and supply disruptions, especially from Russia. “We expect low stockpiles, rising demand amid economic stimulus and […]

Stock indices of the largest countries of the Asia-Pacific region in the course of trading on Wednesday demonstrate negative dynamics. In general, the markets are in a wait-and-see mood before the speech of U.S. Federal Reserve Chairman Jerome Powell in Congress with the traditional semi-annual report on monetary policy, analysts say. Chinese index Shanghai Composite […]

The export duty on wheat from Russia was raised to $142 per ton from $131.6 from June 22, the Agriculture Ministry said. The duty on barley increased to $117.5 from $92.8, on corn – to $86.5 from $84 per ton. These duties will be in effect until June 28. The amount of duties is calculated […]