Eni’s net profit soared 15 times thanks to rising energy prices
Italian oil and gas company Eni SpA increased its net profit by more than 15 times in the second quarter of 2022 amid rising oil and gas prices. According to…
„Yandex Investments” announced changes in work due to the inclusion of VTB in the sanctions list
The Yandex Investments service announced changes in its work in connection with the inclusion of their financial partner, VTB Bank, on the sanctions list. This is stated on the website…
The Bank of Russia noted an increase in the number of complaints against credit institutions due to sanctions
In the first half of 2022, the number of complaints against financial institutions increased by 36%, to 198.5 thousand, the main reason was the impact of sanctions on the work…
Stellantis: Less power over car prices in 2023, Tavares says
The chief executive of Stellantis expects a gradual normalization of semiconductor supplies in 2023, reducing the imbalances that have allowed him to raise the price of his cars and post…
The Central Bank imposed a temporary ban on the sale of securities purchased in the Russian Federation by foreigners
From February 28, the Bank of Russia imposed a temporary ban on brokers from executing transactions for the sale of securities on behalf of non-residents of the Russian Federation, the…
GBP/USD: BULLS GATHER STRENGTH TO TAKE ON 50 DMA AHEAD OF US GDP
GBP/USD firming up amid less hawkish Fed outcome. Rallying yields trigger a fresh rebound in the US dollar. GBP bulls aim for the 50 DMA ahead of the US Q2…
BOJ’s Amamiya: Fed policy decision has no bearings on BOJ policy moves
Hopes that Fed curbs inflation while achieving stable US growth That is important not just for US but for global economy Fed policy decision won’t directly affect BOJ policy moves…
BTC/USD Forecast: Bitcoin Looks Soft
The BTC/USD pair drifted a bit lower Tuesday as we continue to see a lot of hesitation. Bitcoin has no real chance of rallying for a bigger move until the financial situation…
Dollar keeps more tentative awaiting the Fed
There’s not much to really contemplate when looking at markets at the moment as all eyes are on the Fed decision later today. As mentioned earlier, the first thing traders…
The euro plunges, weighed down by fears over gas in Europe
The euro accentuated its losses against the dollar and other safe havens on Tuesday, hurt by the prospect of reduced gas supply, while the Fed in the United States is…