KostiaForexMart / Blog
In the absence of economic reports or other news that could affect the market, investors finally paid attention to the dollar's overbought condition. So, there was nothing to prevent the local correction, which, by the way, is still far from over...
Olaf Scholz arrived in China in order to convince Xi Jinping to reduce support for Russia. During his three-day visit to China, the German Chancellor met with Xi Jinping...
Yesterday during the American session, gold reached a low of 2,325, the level that coincided with the 200 EMA and from that area, it gained a strong bullish momentum, jumping by more than $50 in less than 24 hours...
On Wednesday, American stock markets experienced a decline, reaching minimum closing levels against the backdrop of published inflation data, which exceeded experts' expectations. The figures dampened investor optimism that the US Federal Reserve could begin cutting interest rates by the summer...
On Tuesday, ahead of the release of key inflation data, the Nasdaq and S&P 500 indices showed moderate growth, despite a decline in the financial sector. This happened ahead of the reporting season for leading US banks, which begins on Friday...
The IMF urges global companies and major exporting countries to prepare for the abandonment of oil. Key trends: the development of electric vehicles, renewable energy sources and accelerating the abandonment of «dirty fuel»...
Sales of Russian gas for rubles brought the country an income of 2.3 trillion rubles. According to Eurostat and the UN Comtrade platform, Hungary, Italy, Greece and Slovakia became the main buyers of gas from Russia under the new conditions. However, some importing countries (e.g...
Amid the latest economic data, the S&P 500 ended the week with positive dynamics, marking its best quarterly result in the last five years. Investors are optimistic about the future, awaiting new information on inflation...
Let's call a spade a spade - the market is stagnant. This is mostly due to the empty economic calendar, which is quite standard for the final week of the month. Usually, it is accompanied by other events like speeches by central bank representatives...
Progressive taxation in Russia will reduce inequality, but will hit GDP. The effect on gross product will reach a decrease of 0.3-1.3% in the long term, according to researchers from RANEPA. Talks about recognizing mining as an economic activity in Russia continue...