Economic news

Oil quotes are falling. By 7.56 Moscow time, a Brent crude barrel fell to $93.92, or 0.94% against the closing price of the previous trading session. The cost of a WTI crude barrel fell to $92.75, or 0.97%. Investors are waiting for an increase in the oil market supply. The cause for it was the […]

The weak financial performance of the American video game developer Roblox Corporation in the 4Q caused a significant drop in its shares. The company ended the reporting period with a net loss of $143.3 million. Its size has increased significantly relative to the loss for October-December of the previous year, in 58.7 million dollars. In […]

Now lithium, used for the American Tesla production of electric vehicles, will be supplied by the Australian developer of projects for the production of high-quality lithium Liontown Resources. The companies entered into a corresponding agreement for five years. According to MarketWatch, lithium will be supplied to Tesla in 2024. The supply agreement terms of the […]

Investor interest in gold, as a defensive asset, has declined slightly amid signs of easing geopolitical tensions. As a result of trading on Tuesday, the precious metal fell by almost 1%. At the trading session close, the value of the troy ounce was $1,851.10. The price of a silver ounce fell to $23.342, or 2.1%. […]

The results of the Tankan survey showed that the mood of Japanese manufacturers worsened in February. The degree of their optimism about the national economic situation decreased in the next three months. The index, which assesses the confidence of manufacturers, fell this month by 11 points compared with the January value of the indicator. It […]

The US Department of the Treasury announced an increase in Russia’s investment in US Treasury bonds. In December, they increased by $1.5 billion to $3.9 billion. In December, Russia cut its holdings in US bonds by $1.3 billion to $2.4 billion. Japan still occupies the leading position in the list of the largest holders of […]

The Yandex company, which owns the similar name search engine and other services, completed October-December last year with revenue of 110.3 billion rubles. Relative to the equal term of the former year, its volume increased by 54%. At the same time, adjusted EBITDA of 9.7 billion rubles showed an annual decline of 29%. Nevertheless, this […]

Investor confidence in the German economy continued to improve in February. It was indicated by the corresponding index calculated by the ZEW Institute. Its value this month was 54.3 points, while in the previous month the index was fixed at 51.7%. However, economists expected a higher February value of the index – at the level […]

Deputy head of Sberbank Anatoly Popov said that the banking sector of the Russian Federation can already work with cryptocurrencies, since the appropriate infrastructure has been created. He also noted that the mining industry is a necessary sector in the field of high technology. It employs highly qualified specialists. Anatoly Popov said that Sberbank supports […]

Unemployment rate data, published in the UK, coincided with the prognosis of analysts surveyed. In October-December 2021, it amounted to 4.1%, as in September-November. In the corresponding 3-month period in 2020, the unemployment rate was 5.1%. The number of unemployed citizens of the country decreased by 74 thousand people compared to the previous reporting period […]