Oil prices are moderately lower on Friday morning after the publication of US inflation data triggered a rise in the dollar. US inflation in January accelerated to a 40-year record of 7.5% and triggered a rise in expectations of stronger monetary tightening by the Federal Reserve. That, in turn, “sent the dollar higher, which sent […]

The press service of the Bank of Russia reports that the balances of credit institutions on correspondent accounts with the Bank of Russia at the beginning of the operating day on February 11 amounted to 4330.6 billion rubles in the Russian Federation, including 4078.1 billion rubles in the Moscow region. At the beginning of the […]

Mexico’s central bank raised its benchmark interest rate by 50 basis points to 6.0% on Thursday, as expected. It was the sixth consecutive increase in borrowing costs by the central bank as it tries to contain price pressures amid high inflation. Four members of the Bank of Mexico’s board, including new central bank governor Victoria […]

Fed’s aggressive stance supports dollar exchange rate Nordea expects monetary policy developments to dominate the dynamics of the dollar and euro exchange rates, at least during this year. The bank notes: “The tug-of-war between the Fed and the ECB will be crucial for EUR/USD this year. The key questions will be which central bank will […]

BTC continued to rally earlier this week, hitting a monthly high of $45,000, and despite some correction in the cryptocurrency, the overall sentiment remains bullish. However, some experts are warning that bitcoin and other cryptocurrencies could fall further, and by a lot. Is BTC worth the path to falling to $10,000 in 2023? Let’s try […]

The Board of Directors of the Central Bank of Russia at a meeting on Friday, February 11, raised the key rate from 8.5% to 9.5%. The current value is the maximum since the spring of 2017. The upward cycle lasts almost a year: since April 2021, the rate, then at 4.25%, has more than doubled. […]

What happenedQuotes of the American space company Astra Space (ASTR) collapsed by 26% to $3.8 per share. The securities entered the top 10 in terms of trading volume on the SPX Exchange. The price has already dropped by 85% from the historical maximums. The reason was the failed launch of the first mission. The Rocket […]

Bond markets are gradually calming down after Thursday’s inflation shock, but stocks are opening lower again. This comes amid concerns that the Federal Reserve will act tighter and faster to reduce inflation than previously expected. ECB chief Christine Lagarde is trying to restore calm to eurozone bond markets with a more dovish message. The Michigan […]

High inflation in Russia is an indicator of the growing overheating of the economy, Bank of Russia Governor Elvira Nabiullina said at a press conference. This is reported by RBC. “If no measures are taken to return the economy to a balanced growth trajectory, its overheating will intensify and lead to an uncontrolled acceleration of […]

U.S. stock indexes fell sharply at the end of trading on Friday as investors generally shied away from risk after reports emerged that U.S. authorities expect Russia to invade Ukraine soon. “Traders in the stock market quickly began hitting the ‘sell’ button following reports that the White House expects Russia to invade Ukraine soon,” notes […]

Today’s trading in the Russian stock market began with a strong decline in prices of most blue chips on the background of negative signals from the world capital markets, as well as fears of further escalation of geopolitical tension around Ukraine. By 07:01 Moscow time, the MosBirch index fell by 4.3% to 3394.26 points; prices […]

On Saturday, February 12, the bitcoin network hashrate hit an all-time high above 248 EH/s. Over the course of the day, the figure increased by more than 30%, according to Glassnode. The hashrate graph of the first cryptocurrency, smoothed by a 7-day moving average, has been on an upward trajectory for the past three months. […]

Oil prices, which on Friday updated highs since September 2014, continue to rise on Monday. The market jumped sharply on February 11 after reports emerged that U.S. authorities expect Russia to invade Ukraine soon. A telephone conversation between U.S. and Russian Presidents Joe Biden and Vladimir Putin on Saturday failed to ease tensions, Bloomberg news […]

The level of collective immunity to the coronavirus in Russia, which is calculated based on the number of vaccinated and over-vaccinated people, fell to 61.9% from 64.1% in a week, the operational headquarters for fighting the epidemic said on Friday. “This indicator is decreasing due to the loss of immunity by the primary vaccinated and […]

Almost every second Russian (47%) would like to tie his salary to the dollar or euro exchange rate, 31% of fellow citizens consider such a tie unnecessary, according to the survey data of the Research Center of SuperJob.ru portal. According to the survey, among the age categories, citizens under 34 years of age (56%) consider […]

In 2021, malicious programs for illegal cryptocurrency mining or cryptocurrency wallet theft began spreading through unique NFT tokens and mobile applications, according to Kommersant. Alexander Pirozhkov, head of ESET Threat Inelligence, told the publication that previously such viruses were mainly infected via torrent resources and sites with adult content. According to ESET, gamers are increasingly […]

The price of gas in Europe at the opening of trading for the first time since late January rose above $1000 per thousand cubic meters, according to data from the London-based ICE exchange. The total increase in the cost amounted to about 13.7%. The price of January futures at the TTF hub in the Netherlands […]