The downturn in the Russian economy could be as little as 3.5-5% in 2022, Sber CIB analysts believe. Graph of annual growth / recession of the Russian economy “Business activity in Russia is...
Strategists develop worst-case scenarios for stocks and bonds European stock indices fell by 20%. Spreads on junk-rated loans have risen from levels recorded during the 2020 crisis. The euro fell to just 90 cents. Financial markets...
Long Trade Ideas Go long after a bullish price action reversal on the H1 timeframe following the next touch of $19,315, or $19,164. Place the stop loss $100 below the local swing low. Adjust...
Gold markets initially tried to rally during the trading session on Tuesday, but gave bank gain to show signs of weakness yet again. In fact, we ended up dipping below the $1725 level, but have...
Countries in G7 should have market-determined exchange rates Currency intervention warranted only in 'rare and exceptional circumstances’ No beating around the bush there from Yellen but this is very much expected already in any...
Japan finance minister Suzuki expressing concern on the falling yen – saying its recently been rapid. will monitor fx closely with a strong sense of urgency will take appropriate measures if necessary on fx...
German DAX futures -0.9% UK FTSE futures -0.6% The dour mood continues in the equities space as recession fears reverberate from Europe to the US. A return of COVID-19 fears in China is only...
After reversing from its highs achieved last week, the USD/CAD has found what appears to be durable short-term support and moved upwards this morning. The USD/CAD is trading near the 1.30045 vicinity of this...
The US employment trends for June 2022 from the conference Board came in at 119.38. That is up from the revised 118.88 in May. The May number was originally 119.77. For the full report....
Moscow. July 11th. INTERFAX.RU – Creating transparent rules, overcoming corruption factors will attract investments to Dagestan, believes the speaker of the Federation Council Valentina Matvienko. „Investors will go only when transparent, honest rules are created,” she...