Tag Archives: russia

September brought some additional recession-related concerns to almost all financial markets, however; the American dollar surged, helped by positive US data and the negative market sentiment.The EUR/USD pair trades around 0.9950, while GBP/USD plunged to 1.1497, now trading around 1.1540. Commodity-linked currencies finished the day mixed, as AUD/USD is down …

Europe’s unified approach to energy dates back to a long time before the Russian invasion of Ukraine, nevertheless the impacted countries that are directly or indirectly under energy shortages could be obliged to watch gas flow past. German cities are a little different this summer. Visitors to the local swimming …

Data from operators of natural gas pipelines from Russia to Europe indicate that gas flows will stabilize on Tuesday at their low levels. And the Bloomberg news agency reported that data from the operating company of Nord Stream 1, the main gas pipeline from Russia to Germany via the Baltic …

Data from the Ukrainian Ministry of Agriculture showed that exports of the country’s main agricultural commodities have almost halved since the start of the Russian invasion compared to the same period in 2021. Russia began its attack on Ukraine on February 24, calling it a “special military operation”. As a …

Ukraine’s agricultural exports are likely to rise to around 4 million tons in August from 3 million tons in July, thanks to a U.N.-brokered deal to lift the blockade of Ukrainian seaports, the deputy head of Ukraine’s agricultural council said on Monday. In televised comments, Denis Marchuk, whose council represents …

The USD/CAD pair opened at 1.29455 and is now trading at 1.2990; up by 0.35%. the asset is about the end the week with a gain of more than 200 pips. The Canadian dollar is still expected to sharply rise versus both NZD and AUD. Analysts even expect the USD/CAD …

A document from the Russian Economy Ministry, seen by Reuters, showed that rising oil export volumes, accompanied by rising gas prices, will boost Russia’s revenue from energy exports to $337.5 billion this year, an increase of 38% from 2021. This jump in revenue, if realized, would help bolster Russia’s economy …

Russia’s Gazprom announced Tuesday, August 16, that natural gas exports to the Soviet Union amounted to 78.5 billion cubic meters between January 1 and August 15, down 36% year-on-year. It was 13% viewership over the previous year.

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets: EURUSD The euro found a pivotal resistance level, representing one of the most important keys to the …

The Russian GDP from April through June declined 4 percent over last year according to new government data. Russia’s economy contracted in the second quarter as the economic consequences of its war in Ukraine took hold.The economy shrank 4 percent from April through June compared with a year ago, the …