Finance

Oil price reacts negatively to unblocking of the Suez Canal

At the start of the week, oil initially sank in response to news of the unblocking of the Suez Canal. However, after a short-term reaction, prices went up, although they were unable to close above $ 65 per barrel. Brent is struggling to stay afloat today during morning trading by continuing to target the 20-day moving average, which acts as local resistance in the $ 66.65 zone. Traders&#8217…
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Finance

Oil & Gas Sector Pulls Russian Equity Market Down Again

By 15:20 Moscow time. the Moscow Exchange index decreased by 0.22% to 3521.48 points, while the RTS corrected by 0.5% to 1460.87 points. In the first half of the day, the Moscow Exchange index updated its historical maximum, rising to 3549.09 points. However, the external…
Finance

Russian stock market: Sellers were not impressed by the sanctions

The Russian stock market is growing moderately at the beginning of the Tuesday session, which fits well with the situation on foreign grounds, where cautious optimism prevails. Investors digested the story of Credit Suisse and Nomura, which predicted serious losses after the default on margin calls of the American hedge fund Archegos Capital. On Monday, this topic became one of the most…
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Finance

The dollar continues to crush competitors

Asian markets traded flat on Tuesday, including the Tokyo and Hong Kong markets. The Topix is ​​down about 1% while the Hang Seng is up nearly as much, and most other markets are somewhere in between these poles, but this delicate equilibrium in equity markets should…
Finance

Euro is depressed on forex due to fear of slow vaccination

The dollar index nevertheless managed to overcome 92 and is trying to reach 93. A couple of weeks ago in our review we wrote: “what is now perceived as an upward correction may be the beginning of a medium-term trend that will repeat the scenario of 2018-2019, when due to higher yields compared to its main competitors, the dollar was tediously and persistently strengthening, right up to the…
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Finance

The Russian stock market maintains a confident plus

On the last Monday in March, the Russian stock market is in positive territory – investors are gradually buying, although we must admit that there are still too many emotions on the floors. Oil today is extremely volatile, which, apparently, makes investors nervous…
Finance

Bitcoin Price Returns To Highs, But Trading Volume Falls

Bitcoin held the $ 50K threshold, giving it the opportunity to bounce to $ 57K over the weekend. Retail investors took the opportunity to enter the market at a large discount, however, this did not lead to testing $ 60K. The market also received a positive impetus on news that Visa added support for USD Coin as part of a pilot program. This is a new sign of acceptance for coins in the…
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