The sale of its Russian activities weighed on Renault’s accounts in the first half, but the French car group took advantage of an overall rise in car prices to improve its profitability and is...
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The Central Bank of the Russian Federation lowered the dollar rate on February 26-28 to 83.55 rubles, the euro rate to 93.6 rubles.
The Bank of Russia set the official dollar exchange rate for February 26-28, 2022 at the level of 83.5485 rubles, which is 3 rubles. 38.03 kop. below the previous figure. The regulator lowered the...
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Qualcomm increased quarterly net profit by 1.8 times
The American Qualcomm Inc., one of the world’s largest manufacturers of semiconductor components, increased its net profit by 1.8 times in the third quarter of fiscal 2022, but gave a weak forecast against the...
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Wall Street should start to fall, Europe is treading water
Wall Street is expected to fall on Thursday, in particular the Nasdaq after the disappointing forecasts of Meta Platforms, while the European stock markets are hesitant at mid-session, torn between a surge of contrasting...
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S&P placed Promsvyazbank’s ratings on the list for review and suspended them
The international rating agency S&P Global Ratings placed on review with the possibility of downgrading the long-term bank deposit ratings in national and foreign currency of Promsvyazbank (PSB) at BB / B in CreditWatch...
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EUR/USD Forex Signal: Another Drop to Parity Highly Likely
Bearish view Set a sell-stop at 1.0100 and a take-profit at 1.000. Add a stop-loss at 1.0200. Timeline: 1 day. Bullish view Set a buy-stop at 1.0225 and a take-profit at 1.0280. Add a...
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BOJ’s Amamiya: Fed policy decision has no bearings on BOJ policy moves
Hopes that Fed curbs inflation while achieving stable US growth That is important not just for US but for global economy Fed policy decision won’t directly affect BOJ policy moves But could have impact...
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NASDAQ 100 Forecast: Index Breaks Down to 50-Day EMA
The NASDAQ 100 broke down a bit Tuesday to reach the 50-day EMA.The 50-day EMA sits just a bit above the 12,000 level, and I think there’s a lot of interest in that area.Even if we break...
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Eurozone June M3 money supply +5.7% vs +5.4% y/y expected
Prior +5.6%; revised to +5.8% Broad money in the euro area continues to hold at a steady pace even as the ECB pulls back on bond buying. There is little to extrapolate from the...
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After four days of tumult, MEPs approve the second part of measures on purchasing power
After four days of lively and often heated debates, the National Assembly adopted the second part of the measures in support of purchasing power, with contortions which still aroused the anger of the oppositions...
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