Last Wednesday, the Russian stock indices MosExchange (+ 0.18%) and RTS (+ 0.19%) completed the main trading with a slight increase in relation to the levels of the previous close. At the end of the evening session, the Moscow Exchange index (IMOEX2) increased by 0.55%. Thus, the ruble index of the Moscow Exchange, after recent multidirectional movements, temporarily stabilized around the nearest…
Oil rose slightly on the basis of intraday fluctuations in trading on Wednesday. Brent failed to close above $ 63 per barrel, and this morning the quotes are declining again, having already lost the points they gained the day before and threatening intermediate support at $…
The fluctuations in the ruble exchange rate, which are now taking place, do not have a significant impact on economic stability in Russia, said the presidential press secretary Dmitry Peskov. However, in fact, the fate of the ruble worries many. In my opinion, Russia needs…
The topic of a minimum corporate income tax rate is rapidly evolving and gaining acceptance. Announced only at the beginning of the week by Finance Minister Janet Yellen, the idea found a quick response from German politicians, as well as from officials of the IMF and World Bank. This proposal is in line with the global trend towards deoffshorization and pressure on tax havens, which has been…
On Wednesday, April 7, multidirectional dynamics prevailed in the financial markets. The oil price rose by 35 cents and consolidated at $ 63.11 per barrel, energy carriers, thus, show resistance to negative sentiments and continue to be kept within the established range of…
Last Tuesday, the Russian stock indices MosExchange (-0.88%) and RTS (-2.08%) finished the main trading with an uneven decrease in relation to the levels of the previous close. At the end of the evening session, the Moscow Exchange index (IMOEX2) dropped 1.16%. Thus, the…
The ruble collapsed fearing warnings from Russia from NATO and the United States
April 7, 2021
On Tuesday, April 6, trading in ruble pairs ended with growth. The Russian currency has lost ground to the dollar and the euro. The dollar / ruble pair increased by 1.15%, to 77.26 rubles, the euro / ruble – by 1.65%, to 91.73 rubles, the pound / ruble – by 0.52%, to 106.75 rubles . Trading on the Moscow Exchange opened calmly. The ruble, even at the beginning of the daytime…
On Tuesday, oil tried to rise again, but once again came across sellers’ offers and in the afternoon lost almost all the points it had earned, this time finding support around the $ 62 a barrel mark. Brent managed to test the $ 63 level this morning, but failed again…
Decrease in allocations to reserves positively affects the profits of the banking sector By 15:15 Moscow time, the Moscow Exchange index increased by 0.4% to 3507.80 p., While the RTS decreased by 0.32% to 1422.27 p. In the first hours of trading, the Russian market was…
As it looses its grip on the dollar bull ranks, the euro is trying to make the most of the situation, recovering from the November lows noted on the way to the 1.1700 level last week. Thus, having exceeded the 20-day moving average, the euro / dollar pair is now testing the 100-day average, which is blocking the way to the 1.1900 level. At this stage, the technical picture of the single currency…
