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
According to the US Department of Labor, consumer prices in May rose 0.1% on an annualized basis,... Read More
According to the Federal Statistical Office of German (Destatis), exports in the country, which is... Read More
According to the forecast of the Italian statistical office ISTAT, the country's GDP will fall by... Read More
Today it became known that the ministerial meetings of OPEC and OPEC + will be held on the same... Read More
Today, a meeting of the European Central Bank (ECB) and a speech by regulator Christine Lagarde... Read More
Egypt has commissioned a new well in the Western Desert, capable of producing more than 0.5 million... Read More
The Central Bank of China said that the economic damage from the coronavirus pandemic was stronger... Read More
According to the final assessment of the research organization Markit Economics, the index of... Read More
According to the final data of the statistical agency Istat, the Italian economy in the first... Read More
According to the US Energy Information Administration (IEA), commercial oil reserves in the country... Read More
The European Commission proposes to adjust the multi-year financial plan of the European Union... Read More
The Federal Reserve is ready to move on targeting the yield of treasury bonds – this was the c... Read More
White House economic adviser Kevin Hassett said the US unemployment rate could be over 20% in May... Read More
China stated that it does not intend to set an annual target indicator of economic growth this... Read More
The publication of the minutes of the April FOMC meeting reflected the call of Fed leaders to... Read More
According to the final data of the Statistical Office of the European Union (Eurostat), consumer... Read More
The UK has announced a new tariff regime after Brexit, which will replace the external tariff of... Read More
The Japanese economy has slipped into recession for the first time in four and a half years in the... Read More
According to the Statistical Office of the European Union (Eurostat), the eurozone economy in the... Read More
According to the forecast of the UN Department of Economic and Social Affairs, the global economy... Read More
UK retail sales plummeted last month as coronavirus control measures limited consumer... Read More
China freed another group of American goods from higher import duties, which were introduced at the... Read More
The President of the European Commission said that EU countries could face the second wave of the... Read More
According to the US Department of Labor, unemployment in April updated the record since 1940 and... Read More
According to the German Ministry of Economics and Labor, industrial production in the country fell... Read More
According to a US employment report from ADP, a record 20.236 million Americans lost their jobs in... Read More
According to trading data, the main US indices are growing amid the emergence of prospects for the... Read More
Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Read More
According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Read More
According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... Read More