The French trade deficit on goods widened to 71 billion euros over the first six months of the year, significantly degraded by the energy bill linked to the war in Ukraine, customs said on...
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The Bank of England raised rates by the highest rate in 27 years
The Bank of England decided to raise the base interest rate to 1.75% from 1.25% per annum, as most analysts and economists expected. The rate was raised following the results of the sixth meeting...
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Energy: the price of a barrel of oil up slightly after OPEC+ announcements
Oil prices were treading water on Thursday August 4, after the announcement of the OPEC + countries of a ridiculous increase in its total production volume for September and their fall the day before...
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Moscow exchange recommended investors to refrain from rash transactions in the market
Investors should refrain from excessive emotional reaction and rash transactions, the Moscow Exchange said in a statement. “Markets are experiencing extraordinary volatility. We advise private investors to refrain from overreacting and, if possible, to...
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The price of gold exceeded $1800 per ounce on geopolitical risks
Gold prices continue to rise on Tuesday, receiving support from the demand for protective assets in the face of geopolitical risks. Quotations of December contracts on the New York Mercantile Exchange (NYMEX) in the...
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BMW forecasts lower production in 2022 with market volatility
BMW warned on Wednesday of numerous challenges ahead in the second half of the year as inflation, fears of fuel shortages and supply chain disruptions weighed on demand and rising prices. prices only partially...
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US imposes additional sanctions and export restrictions on Russia
The US authorities are introducing tough new sanctions against the Russian Federation, as well as restrictions on exports to the country, Washington believes that these measures will have a long-term effect. This was stated...
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Caterpillar up 18.4% in quarterly net income
The American Caterpillar, a manufacturer of equipment for road construction and the mining industry, increased its net profit by 18.4% in the second quarter of 2022, but revenue was slightly worse than experts expected....
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Transition of the automotive industry: the State releases 100 million euros to support territories facing changes in the sector
A boost for employment in the industry. The Ministry of the Economy announced, Monday, August 1, the establishment of an aid system endowed with 100 million euros to „support the territories confronted with changes...
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Broker VTB asks clients to close margin positions in foreign securities and currencies
In connection with the announced US sanctions, the VTB broker urges clients to close margin positions in foreign securities and currencies, follows from the announcement in the VTB My Investments application. Starting today, „the...
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