Global Stock Market

The Russian Central Bank cut the interest rate to 11% from 14% Thursday, May 26, with inflation falling from its highest levels in 20 years and the Russian economy approaching deflation. The Russian Central Bank said it saw room for further reduction this year, noting that risks to financial stability …

Japan’s Nikkei fell for the third consecutive session on Thursday, as losses in blue chips-related blue chips outweighed a jump in airline and rail stocks. The Nikkei fell 0.27 percent to close at 26,604.84 points, giving up the gains recorded earlier in the session, supported by a strong closing of …

Japan’s government is seen calling on the Bank of Japan (BOJ) to strive for achieving its 2% inflation target in a “sustainable and stable fashion,” Reuters reports on Wednesday, having seen a draft of its long-term policy outline. “The government will continue to conduct macro-economic policy flexibly … with a …

Russian Deputy Foreign Minister Andrei Rudenko said on Wednesday that Russia is ready to provide a humanitarian corridor for ships carrying foodstuffs to leave Ukraine, in exchange for the lifting of some sanctions, Interfax news agency quoted Russian Deputy Foreign Minister Andrei Rudenko as saying Wednesday. Ukraine’s Black Sea ports …

US shares closed Tuesday’s trading session exhibiting mixed performance, after US President Joe Biden’s comments indicating that his administration is pondering restructure of tariffs imposed on Chinese goods and services.There was also a slew of economic data that shed light on a deterioration in the US housing sector as well …

There are signs of easing inflationary pressures and moderating growth but not enough to prompt a shift by the Fed yet. The Fed is expected to raise interest rates by another 0.5 percentage point in June.The stock market sell-off will end when the Fed signals it’s done tightening monetary policy, …

Japan’s Nikkei fell at the close on Tuesday, dragged down by declines in US futures and Asian stocks, as investors looked for fresh stimulus after the corporate earnings season ended, which in turn weighed on sentiment. The Nikkei gave up the gains recorded earlier in the session and closed down …

US stocks rallied on Monday while government bond prices fell, as investors returned to riskier assets after growth fears and high inflation left the S&P 500 nursing its seventh consecutive week of losses.Monday’s advance followed a late turnround on Wall Street on Friday when the S&P briefly entered bear market …

The Russian currency, the ruble, continued its rise against the American and European currencies, as it rose today, Monday, by about 3%, and the dollar was trading below the level of 59 rubles and the euro below the level of 62 rubles. The Moscow Stock Exchange said – in a …

US President Joe Biden said he was considering cutting tariffs on Chinese goods and called on the Organization of the Petroleum Exporting Countries (OPEC) to increase oil production as he faces a major inflation wave in the United States. Biden said on reducing tariffs on China that he is considering …