Economic news

Russia’s ongoing military aggression against Ukraine continues to have an impact on the palladium market, whose prices have been rising for the past three days. The market is growing fears of an even greater reduction in supply in the context of the sanctions imposed on the Russian Federation. Supply is lagging far behind demand for […]

The Dutch financial group ING expects a more significant increase in the price of Brent oil than before, due to the ongoing shortage of energy resources in global markets and the war unleashed by Russia against Ukraine. And although sanctions against the Russian energy sector have not yet been introduced, oil purchases from the Russian […]

The data of the stock exchange in London testify to a sharp jump in the price of gas. It set a new all-time high, rising above the $2,200 mark. At 11:58 Moscow time, 1,000 cubic meters of gas was trading at $2,226. For comparison: yesterday the settlement price was 1396 dollars 50 cents. Thus, the […]

The price of copper shows a slight decrease after its growth the day before. Comex data show a correction in the copper market. As of 10:07 am Moscow time, a pound of this metal fell to $4,564, or 0.23%. As a result of trading on Tuesday, copper rose in price by 3.2%. At the auctions […]

The European Union is developing a plan to deal with possible disruptions in gas supplies from Russia amid its full-scale invasion of Ukraine. The representative of the European Commission, Kadri Simson, said that the recent increase in gas supplies to the EU and encouraging forecasts from meteorologists give reason to believe that the EU will […]

Southern South Korean authorities have decided on sanctions that clash with Russia after sweeping the proliferation with the USA. The country is losing work with a number of banks in the RF, such as Sberbank, VEB, Promsvyazbank and others, and subsidiaries of these financial institutions. The South Korean government took advantage of the fact that […]

On the stock exchanges in Europe, there is a fall in the indices. As of 12:44 pm Moscow time, the FTSE 100 fell to 7418.7 points or 0.54%. CAC 40 fell to 6526.53 points or 1.99%. DAX dropped to 14144.47 points or 2.19%. Investors appreciated the data on business activity in the eurozone. In February, […]

Business conditions in the journal being processed unexpectedly deteriorated. According to the results of this study, which was conducted by IHS Markit. PMI fell against the January association of indices by 3.2 points to 48.6 points. In a review of the company, that last month there was a violation of the heart rhythm. This has […]

The business environment in the manufacturing sector of the Russian economy worsened in February. It is indicated by the results of research conducted by IHS Markit. PMI fell against the January index value by 3.2 points to 48.6 points. The company’s review notes that last month saw a decline in production. It has happened for […]

Tough sanctions imposed by the United States and the European Union against Russia collapsed the securities of Russian companies on the London Stock Exchange on February 28. The unfolding invasion of Russian forces on Ukrainian territory, accompanied by missile strikes on peaceful Ukrainian cities, led to coordinated and unanimous actions of all European countries and […]