Contrary to the strengthening of other emerging segment currencies, the ruble dropped sharply in trading on Tuesday. Today the collapse continues, and at the opening of the session the dollar renewed the highs of early November, coming close to the level of 78 rubles, after which it rolled back slightly. The euro / ruble, meanwhile, has reached the RUB 92.50 zone showing even more aggressive…
The oil price risks collapse under the $ 62 mark the reasons become known
April 7, 2021
Stock Markets Group – Oil prices plunge in Europe on Wednesday as talks to reopen the U.S.-Iranian nuclear deal offer a chance to ease restrictions on Iranian oil supplies, further driven by global economic recovery amid steady progress in vaccinations against the…
Stock Markets Group – Gold prices tumbled from a two-week high on Wednesday as a body of strong data from the US and Europe heightens players’ expectations for a fast global recovery from the coronavirus pandemic and impacts gold’s appeal as a safe haven.
The dollar index lost another 0.3% on Tuesday, bringing the rate to 92.27
April 7, 2021
The dollar index lost another 0.3% on Tuesday, bringing the rate to 92.27. The American currency has been under moderate pressure since the end of March, when it peaked at 93.46. In the course of this decline, the rate dipped below the 200-day moving average, an important signal line for long-term trends. Most recently, in late March, the DXY crossed this line upwards, however, it soon lost its…
Russian stock market: Geopolitics collapsed assets of the Russian Federation
April 7, 2021
Despite a good external background, where the leading markets are holding near the highs on the growing expectations of the acceleration of the global economic recovery, Russian assets have been falling since the beginning of the Wednesday session and, it seems, are not…
On Tuesday, April 6, most financial instruments were in moderate plus. The beginning of April for traditional financial markets is rather sluggish, and assets are traded within the previously established ranges. Oil quotes bounced upward from local lows just below $ 62 per…
The Russian stock market is selling on Tuesday. The Moscow Exchange index declines to 3499 points and is able to move to 3485 points, if the mood to exit the positions remains in force and further. The RTS index dipped to 1431 points and may decline to 1420-1425 points. The shares of BSP and Polyus Gold manage to remain in the green zone. In the latter, there is a recovery to 14,255 rubles…
The Russian stock market sank heavily in the last session, but is ready to recover
April 6, 2021
Last Monday, the Russian stock indices MosExchange (-0.94%) and RTS (-0.65%) finished the main trading with a rather strong decline in relation to the levels of the previous close. As a result of the evening session, the Moscow Exchange index (IMOEX2) dropped by 0.9%. Thus…
On Monday, April 5, the ruble rose in price against the US dollar, having surrendered positions to other currencies following their dynamics in the global currency market after the resumption of the work of the US exchanges. The dollar / ruble pair dropped 0.21% to RUB…
Brent crude oil once again ran into resistance on the way to the 20-day moving average and, having turned sharply, lost more than 4% by the end of trading on Monday. By the end of the session, quotes moved away from 1.5-week lows, ending the day slightly above $ 62 per barrel. On Tuesday morning, prices continued to recover, but the momentum has not yet received meaningful development. In…
