Oil demand may return

05.03.2021
Russian Vice Prime Minister Novak evaluated the prospects for the return of oil demand during a press conference following the OPEC+ meeting. “We are closely monitoring key market trends and are cautiously optimistic that the...
Read more

Severe unemployment is coming in Europe

04.03.2021
A big spike in long-term ("stagnant") unemployment may happen in the euro area in 2021. Its growth is projected to be 38 percent compared to the level which was before the pandemic (from 4.8 million...
Read more

Russian currency will be weakened by the Ministry of Finance

04.03.2021
The Russian Ministry of Finance will almost triple daily purchases of foreign currency from March 5. By April 6, the department will acquire foreign currency totaling 148.1 billion rubles (two billion dollars). A message about...
Read more

Experts do not believe in gold

04.03.2021
American billionaire, owner of the NBA basketball club Dallas Mavericks, Cuban called gold a "dead" asset. The businessman published this on Twitter in response to the post of the head of the investment company Euro...
Read more

Rosneft shares rise in price again

04.03.2021
Rosneft shares have reached an all-time maximum. Therefore, according to trade data, at the close of trading on March 3, the value of the company's ordinary shares reached 535.35 rubles per share. The growth of...
Read more