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Latest Economic News

The main events by the morning: December 24

December, 24 2024

Investors are massively closing their shorts amid the growth of the Moscow Exchange index. The MOEX index has grown by more than 12% over the past two days, which forced investors who bet on its decline to urgently close short positions. Despite the growth, the index remains 13% below the levels of the beginning of the year and 23% below the local maximum recorded in May. A particularly high volume of closing of shorts is observed in the OFZ market.The Central Bank of the Russian Federation warn... Read More

Latest Economic News

The main events by the morning: December 24

All News

Oil is stable above the level of $79.50 in anticipation of inventory data in the US

UK inflation in June slowed to the lowest since March 2022

The Turkish lira has updated a record low in anticipation of the Central Bank meeting

The European Council called for the extension of the Black Sea initiative under the auspices of the UN

Russia has suspended its participation in the grain deal

China's GDP growth accelerated to 6.3% in the second quarter

Economic Calendar | July 17 – 21

Global markets are on a positive wave

Experts: the US is facing a difficult period

The dollar index dropped below 100 points for the first time since April 2022

China introduces rules for the use of AI

Elon Musk has created a new company xAI

Brent exceeded the level of $80.50 per barrel

Turkey will continue to work on extending the «grain deal»

Inflation in the US in June slowed down more than forecast

Activision shares rise amid court ruling in favor of Microsoft deal

A new gas field has been discovered in Norway – the largest in 10 years

Oil is trading in a narrow corridor of $77.50-78.50 per barrel

Inflation in Germany in June expectedly accelerated to 6.8%

Threads breaks all records

China unexpectedly recorded zero inflation in June

Unemployment in Turkey in May fell to the lowest in nine years

Economic Calendar | July 10 – 14

Gold rises after the publication of US statistics

Non-Farm Payrolls: fresh data from the US

Musk will file a lawsuit against Meta

Brent exceeded $77 per barrel

UAE energy minister fears oil shortage

The US stock market declined after the publication of the Fed minutes

Inflation in Turkey in June slowed to the lowest since December 2021