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’…
The ruble is trying to grow, but the dollar will not give it in the coming days
March 30, 2021
The ruble finished trading on Monday in a neutral format, gaining a symbolic plus. Today, at the moment, the dollar / ruble pair tested the area of 75.50 rubles, having touched the weekly lows, after which it rebounded, which once again confirms the stability of the…
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…
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…
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…
Bloomberg analysts drew attention to one metal, which has surpassed all other commodities and even bitcoin in terms of growth since the beginning of the year. It is iridium, one of the rarest precious metals that is mined as a by-product of the production of platinum and…
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…
The price of gold on world exchanges decreased by 0.4% by the end of trading
March 29, 2021
Gold prices declined on Monday as the dollar rallied against a basket of currencies and US Treasury yields hit annual highs amid improving economic outlook. Spot gold fell 0.4% to $ 1,726.48 an ounce and gold futures in the US on the New York Stock Exchange fell 0.3% to $…
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…
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…
