The S&P 500 initially rallied on Monday but gave back gains as soon as we got to the 50-day EMA. The 3950 level is an area where we have seen sellers previously, so it does make sense that...
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UK labour market report on the agenda in Europe today
It is a calmer start to the new day as we start to settle into a bit more of a push and pull before the FOMC meeting next week. Equities observed a positive start...
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Gazprom Neft has announced a tender for forecasting the demand for jet fuel
JSC „Gazpromneft-Aero” („subsidiary” of „Gazprom Neft”) has ordered models for predicting the demand for aviation fuel. The company announced that it has announced a tender for the development of short-term monthly and long-term forecasts...
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Russia supplied almost 13 billion cubic meters of gas to Turkey in 6 months
Russia supplied almost 13 billion cubic meters of gas to Turkey in the first half of 2022. This was announced to journalists by presidential aide Yuri Ushakov at a briefing on the eve of...
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GDP of Belarus in the first half of the year decreased by 4.2%
The GDP of Belarus in January-June 2022 amounted to 87.4 billion Belarusian rubles, which is 4.2% less in comparable prices than in the first half of 2021, the National Statistical Committee (Belstat) reported. The...
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Germany’s Uniper asks for additional loans amid gas shortages
The German Uniper (the main shareholder is the Finnish Fortum) has fully used the existing credit line of KfW in the amount of 2 billion euros against the backdrop of the ongoing shortage of...
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LUKOIL invested in renewable energy in 2021 by 8.5% and 3.8 times more than in 2020 and 2019.
LUKOIL’s investments in the development of renewable energy sources (RES) amounted to 2.023 billion rubles in 2021, which is 8.5% and 3.8 times more than in 2020 and 2019, respectively. This follows from the...
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EUR/USD Forex Signal: Significant Resistance at $1.0121
Short Trade Idea Short entry following a bearish price action reversal on the H1 timeframe immediately upon the next touch of $1.0121 or $1.0221. Put the stop loss 1 pip above the local swing...
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Not 'material’ enough
It was always going to be rather subjective. At the end of the day, it seems like the verdict was that the US retail sales last week isn’t enough to shift the Fed perception for a...
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Riyadh and Washington signed 18 cooperation agreements
Saudi Arabia and the United States signed 18 agreements and memorandums of cooperation in a number of areas, including energy, investment and space, during a visit to the kingdom by US President Joe Biden,...
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