Finance

Russian stock market plunges more than 2% amid virus panic

Last Monday, the Russian stock indices MosExchange (-2.67%) and RTS (-4.75%) finished the main trading with a strong decline in relation to the levels of the previous close. As a result of the evening session, the Moscow Exchange (IMOEX2) index dropped 2.14%. Local stock indexes have dropped significantly since the opening of trading. At that moment, they won back a sharp morning deterioration…
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Finance

Oil fell sharply on fears of a new wave of pandemic

The approaching Christmas and New Year holidays are accompanied by a drop in market liquidity, making them more sensitive to news. It looks like in the final days of the year we risk getting a correction after a seven-week rally since the beginning of November. By the end of the day on Monday, the global markets were able to shake off most of the fears and won back a significant part of the…
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Finance

Oil price fell to weekly lows to $ 49.3

On Monday, Brent quotes fell to weekly lows around $ 49.30 per barrel, but immediately switched to local correction and rolled back. As a result, futures reduced intraday losses, ending the session just below the $ 51 level. However, on Tuesday morning, prices resumed…
Finance

Stock markets are gaining buyers and showing growth

Last week, quotes for most of the assets showed positive dynamics. Brent crude last Friday consolidated above $ 52 a barrel, which gives investors hope for a recovery of quotations to $ 60 by March next year. Gold, despite slight positive dynamics, failed to break above the established range of $ 1,800 – 1,900 per troy ounce, ending last week at $ 1,887. -19 may end at the beginning of the…
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Finance

Brent correction will begin even before the holidays

Last Friday, Brent marked its fifth day of growth in a row, pushing its March highs to $ 52.50 a barrel. However, with the onset of a new trading week, sentiment in the commodities segment has sharply changed, and futures have already lost more than 3% in the morning amid…
Finance

Dollar will rise amid wave of new lockdowns

With the onset of a new week, which brought the world a portion of alarming news, the balance of power on the world markets has changed. Stocks are correcting from record highs, oil is dipping from fresh March highs, and the dollar is in demand as a defensive asset. Russian assets are also under attack, including the ruble, which sharply accelerated Friday’s correction from four-month…
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