406 companies are officially registered in the so-called «Russian offshore», and this number is growing rapidly. According to the Ministry of Economic Development, 307 companies are registered on Oktyabrsky Island, and 99 on Russky Island...
The yellow metal continues to decline, plunging investors into gloom and prompting them to reassess their trading strategies. However, some analysts are confident that the precious metal will rebound in the near future, viewing its decline as a natural step before another rally...
In the absence of economic reports or other news that could affect the market, investors finally paid attention to the dollar's overbought condition. So, there was nothing to prevent the local correction, which, by the way, is still far from over...
Yesterday during the American session, gold reached a low of 2,325, the level that coincided with the 200 EMA and from that area, it gained a strong bullish momentum, jumping by more than $50 in less than 24 hours...
On Wednesday, American stock markets experienced a decline, reaching minimum closing levels against the backdrop of published inflation data, which exceeded experts' expectations. The figures dampened investor optimism that the US Federal Reserve could begin cutting interest rates by the summer...
On Tuesday, ahead of the release of key inflation data, the Nasdaq and S&P 500 indices showed moderate growth, despite a decline in the financial sector. This happened ahead of the reporting season for leading US banks, which begins on Friday...
The IMF urges global companies and major exporting countries to prepare for the abandonment of oil. Key trends: the development of electric vehicles, renewable energy sources and accelerating the abandonment of «dirty fuel»...
Sales of Russian gas for rubles brought the country an income of 2.3 trillion rubles. According to Eurostat and the UN Comtrade platform, Hungary, Italy, Greece and Slovakia became the main buyers of gas from Russia under the new conditions. However, some importing countries (e.g...
Amid the latest economic data, the S&P 500 ended the week with positive dynamics, marking its best quarterly result in the last five years. Investors are optimistic about the future, awaiting new information on inflation...
Let's call a spade a spade - the market is stagnant. This is mostly due to the empty economic calendar, which is quite standard for the final week of the month. Usually, it is accompanied by other events like speeches by central bank representatives...
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross product will reach a decrease of 0.3-1.3% in the long term, according to researchers from RANEPA. Talks about recognizing mining as an economic activity in Russia continue...
There's a possibility that we might witness US inflation to increase once again. The reason for this is due to inflation rate chart is going sideways for last 3 month. This is very concerning because FED is in a tricky situation...
Bitcoin has returned to the area above $71 thousand. A day earlier, investment guru Jim Roger said that the cryptocurrency would collapse to zero. He does not see any long-term value in it, believing that the crypt will disappear...
FED March Meeting already projected a 1% cut rate from 5.5% into 4.6% at the end of 2024 that divided into three rate cuts. Stock market push even higher and gold creating another new all time high above $2200...
The global stock index also showed a decrease on Friday, setting a course for a weekly decline after seven consecutive weeks of gains, while the dollar strengthened, heading for its most significant weekly gain since mid-January as the latest US inflation data fueled new hopes for interest rate c...
Gold is making a new all time high but the US economy proofed to be resilient with the latest CPI & Inflation data still not going down. My take on this is the FED could delay the rate cuts into late Q3 & Q4 based on the data in March...
The S&P 500 and Nasdaq indices ended the trading session in the negative on Friday, retreating from the record highs reached during the day...
The euro and the British pound continue to strengthen against the US dollar amid weak fundamental statistics coming from the United States recently. However, today we are anticipating a more interesting event: a speech by the Federal Reserve Chairman on Capitol Hill...
The euro-dollar exchange rate (EUR/USD) is still trading in a lateral phase, but I do not find any concrete possibilities of breaking the psychological resistance at 1.10 and it could remain confined between 1.09 and 1.10 without any particular surprises, at least for the rest of the week...
