UK inflation fell more than expected in November, easing pressure on the Bank of England to keep raising interest rates amid the recession. The consumer price index rose 0.4% for the month, compared to a worrying 2.0% rise in October, which was driven by an adjustment in regulated household energy prices. Analysts had expected a […]

Apple is preparing to allow alternative app stores on the iPhone and iPad and the download of third-party applications. This is reported by Bloomberg with reference to its sources. This, among other things, will allow developers to bypass Apple’s restrictions and commission of up to 30% for user payments. According to the agency, in this […]

Almost every fifth Russian (19% of respondents) has a brokerage account, RBC writes with reference to a survey by the analytical center NAFI. But only a little more than half of those who have brokerage accounts – 10% of respondents (13% of male and 8% of female respondents) – reported that they invest actively: they […]

British bank HSBC said on Wednesday that it will stop providing new loans and capital market financing for new oil and gas fields, Reuters writes. At the same time, the bank will continue financing natural gas projects for the time being, given the global energy crisis and pressure on supplies. The goal of such a […]

The U.S. Federal Reserve has slowed the pace of prime rate hikes, and Reuters told about Russian oil sold to India at or below cost – these and other important news for Thursday morning, December 15, in our daily review. The U.S. Federal Reserve’s Federal Open Market Committee raised its benchmark rate range by 50 […]

Some investors believe an expected recession will force the U.S. Federal Reserve to loosen monetary policy next year, even despite forecasts of the central bank raising the rate more than previously expected and holding it longer to fight inflation, Reuters writes. After the Fed’s monetary policy meeting on Wednesday, there was talk of an expected […]

The EU member states have failed to agree on the ninth package of anti-Russian sanctions, Reuters reports citing diplomatic sources. One of them did not rule out that a new version of the document will be ready by the evening of December 15, given that the last EU summit of the year will start on […]

The European Central Bank raised the key rate by 50 basis points, from 2% to 2.5%. This is the highest level in more than a decade, since January 2009, writes RBC. In a press release, the ECB said it plans to raise rates at subsequent meetings, and the decision will depend on the outlook for […]

After a 2022 in which commodities were one of the few positive notes for investors, the same story could repeat itself next year. At least that’s the view of Goldman Sachs analysts, who estimate that returns on this asset class could exceed 40%. Investment in new capacity, accelerating global growth, the reopening of China’s businesses […]

The coat of arms of the state of California depicts a prospector mining for gold with the Greek motto “Eureka” – “I have found”. Today, investors in the yellow metal may find their enthusiasm muted compared to the exuberant optimism of 19th century fortune seekers. Gold is generally considered a safe haven in times of […]

Twitter owner Ilon Musk has organized a poll on whether he should resign as head of the social network, and Bloomberg called the fall of Russian stocks in 2022 the worst in the world – these and other important news for the morning of Monday, December 19, in our daily review. The owner of Twitter, […]

China in October purchased the maximum volume of liquefied natural gas since the beginning of this year and surpassed Japan in terms of imports for the first time in 2022. LNG shipments to China in October 2022 totaled 6.42 million tons (8.349 billion cubic meters) compared with 6.9 million tons a year earlier, Chinese customs […]

The economic calendar is quiet this week before the Christmas holidays, with the Bank of Japan the last of the major central banks to meet this year. In the U.S., the release of housing and consumer confidence data will provide new insight into the strength of the economy amid recession fears. Prospects for a “Santa […]

The Hungarian authorities did not support the introduction of a cap on the cost of gas in the European Union, calling the decision harmful and dangerous, the country’s Foreign Minister Peter Szijjarto said. This is reported by the agency Prime. The head of the ministry noted before the meeting of EU energy ministers that Budapest […]

Shares of kikshering Whoosh rebounded after Friday’s 15% drop. Quotes of the company rose by 12.9% and at a maximum of 175 rubles per paper, according to the data of the Moscow Exchange on Monday, December 19. Nevertheless, the value of Whoosh shares remained 5.4% below the IPO price. By 13:20 MSC growth slowed to […]

Insurers are denying or limiting coverage for customers at risk from bankrupt cryptocurrency exchange FTX, Reuters reports. Now the collapse of FTX last month has heightened fears. Lloyd’s of London and Bermuda Insurance Markets are demanding more transparency from cryptocurrency companies about their exposure to FTX. Insurers are also proposing broad policy exclusions for any […]

The countries of the European Union have almost completed negotiations on limiting gas prices. This was announced by French Energy Minister Agnes Pannier-Runachet, CNBC reported. According to the draft agreement, a cap will be imposed if contract prices for the coming month at the Dutch TTF, the main benchmark for natural gas prices in Europe, […]