India’s Adani Group Corporation issued a response on Sunday to a report by short-seller Hindenburg Research that triggered a $48 billion collapse in its shares, saying it complied with all local laws and had provided necessary information to regulators, Reuters writes. The conglomerate, led by Asia’s richest man Gautam Adani, said the Hindenburg Research report […]

US investment bank Goldman Sachs has restructured its assets in Russia, RBC reports citing two sources in the investment market. According to one of them, the asset portfolio was bought out by the top management of the American bank – managing director of the European special situation group of Goldman Sachs Maxim Klimov and managing […]

The dollar pulled back from an 8-month low on Monday ahead of this week’s central bank meetings, although its gains were limited by a dovish reassessment of expectations of a rate hike by the U.S. Federal Reserve versus more hawkish banks, Reuters writes. The U.S. dollar index rose 0.03% to 101.92 after hitting an eight-month […]

With 40% growth, January 2023 risks becoming the best month for Bitcoin in 10 years. One of the world’s largest banks, Goldman Sachs, has rated the cryptocurrency as the most profitable asset, including on a risk-adjusted basis. Bitcoin outperformed gold, stock markets and the real estate sector by a significant margin. Image source: twitter.com/DocumentingBTC A year […]

According to a Reuters poll, manufacturing activity in China will shrink at a slower pace in January than in December, with workers continuing to fall ill with coronavirus after the government lifted a regime of strict restrictions. The resurgence of infections among the population has gone even faster than economists expected, hence the continued disruptions […]

The Moscow Exchange will start trading in futures on the USD/CNY currency pair on January 31. On the same date, trading in options on these contracts will begin, according to the site’s website. The lot of the new contract will be $1000. The minimum price step is 0.001 points, the cost of a price step […]

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 […]