The CBR rate cut on July 22, 2022 may amount to 100 bp. The decrease in the key rate of the Central Bank of the Russian Federation following the meeting on July 22 this...
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1 Minute
5 Minutes
Why the euro is sinking
Why did the euro fall to parity against the dollar and is this notorious level so important EUR/USD chart at 1-week intervals When the US economy collapsed during the 2008 global financial crisis, one...
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2 Minutes
Bloomberg dollar index hits all-time high
The dollar strength gauge rose to its highest level on record, eclipsing the peak it reached during the financial panic in the early months of the Covid-19 pandemic. The dollar’s gains this year have...
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3 Minutes
’Don’t fight back’: Hedge funds and Wall Street are doubling down on the dollar
Hedge funds and investment banks are waiting for the continued strengthening of the dollar. Catalysts range from Fed hawkishness to global recession The dollar still has room to rise, and those who stand in...
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2 Minutes
Cryptocurrency market has turned into a “postmodern pyramid scheme” – Paul Krugman
The vocal crypto critic, who has previously referred to the digital asset as “the new subprime capital,” said the industry has not yet developed products that are useful in the real economy and is...
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2 Minutes
Brent Oil Hits Lowest Since March As Inflation Surges As Market Screams Of Deficit
Brent crude fell after impressive US inflation data reinforced expectations that the Federal Reserve will continue to aggressively raise interest rates. Global benchmark crude fell 2.4%, hitting its lowest level since March, while West...
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