The Nord Stream 1, the biggest single pipeline carrying Russian gas to Germany, starts annual maintenance today, with flows expected to stop for ten days.  Some European governments, markets and companies worry that the shutdown might be extended. The Nord Stream 1 pipeline transports 55 billion cubic metres a year …

Ukraine’s Agriculture Ministry said Monday (July 11) that grain exports in the first seven days of July, the first month of the new 2022-2023 season, fell 30% year on year to 402 thousand tons. Grain exports for the 2021-2022 season, ending June 30, rose 8.5% to 48.5 million tons, driven …

Spain’s inflation rate rose to 10.2% in June on an annual basis, the first time it has exceeded 10% since April 1985, from 8.7% in the previous month, according to preliminary data from the National Institute of Statistics, with the reading coming in higher than expectations of 9 %. Data …

The dollar rose to a 24-year high against the yen on Monday after good results from Japan’s ruling conservative alliance signaled no change in loose monetary policies and global growth concerns boosted the dollar as a safe haven on a broader scale. The dollar rose to 137.28 yen in morning …

Japan’s Nikkei index closed higher on Monday after Japan’s coalition government consolidated its majority in the upper house of parliament in Sunday’s election. The Nikkei closed up 1.11 percent at 26,812.30 points, after climbing as much as 2 percent earlier in the session to its highest level since June 13. …

Gold fell on Monday as the dollar settled near a 20-year high, continuing to pressure demand for dollar-denominated gold. The price of gold fell 0.1 percent to $ 1740.16 an ounce by 0045 GMT. US gold futures fell 0.2 percent to $1,739.50. The dollar has stabilized near its highest level …

Oil prices fell nearly $1 on Monday in choppy trading after worries about a recession and China’s restrictions to combat COVID-19 outweighed persistent concerns about a supply shortage. Brent crude futures were down 82 cents, or 0.8 percent, at $106.20 a barrel. US West Texas Intermediate crude futures fell $1.04, …

The American Petroleum Institute said that crude oil inventories rose by 3.8 million barrels in the week ending July 1. In its weekly report, the American Institute stated that gasoline stocks fell by 1.8 million barrels last week, and distillate stocks fell by 635,000 barrels. The release of the inventories …

A slight decline in the dollar gave the euro some recovery, allowing it to bounce off its two-decade low reached this week after higher energy prices fueled recession fears. Risky assets, including the euro, managed to post gradual gains on Thursday as investors cautiously deal with rising recession risks and …

Several news outlets reported on Thursday that British Prime Minister Borish Johnson is expected to announce his resignation. According to the BBC Johnson is set to make a statement within hours. The PM will reportedly stay on as the leader of the Conservative Party until a new leader is chosen …