Tag Archives: cash

The Russian public budget surplus has significantly fallen in the latest signal that its finances are feeling the pain from sanctions and this is partially why the Kremlin shutting off gas supplies to Europe.The budget surplus narrowed to 137bn roubles (£1.9bn) in the first eight months of 2022, a sharp …

Equity index futures are pointing to a much lower open as the S&P 500 futures are finally breaking below March lows after falling 1.9% before the open and trading below the 4,100 level. Once again, the downward pressure appears to be coming from tech stocks because Nasdaq futures were down …

President Biden ordered federal agencies to study implications of government-backed digital currency The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It is considering digitizing the US dollar, giving people money they can access on their phone and bypassing electronic payments that …

A 4 EUR billion sale of new debt bonds on Wednesday showed investor demand is still strong for the sovereign.This strong demand comes despite concerns mount about the state of the corporate bond market domestically.However, China missed a trick by not issuing a green tranche, as it had suggested was …