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It is difficult to predict the exchange rate in the current economic conditions, but the Ministry of Finance of the Russian Federation gave its forecast for the next three years. The Ministry of Finance has prepared an updated forecast for the dollar for the next three years. In particular, the agency predicts an average exchange […]
True, only for the first month from the moment of opening, and interest is charged on the minimum balance. The Ural Bank for Reconstruction and Development has improved the terms of the Promo savings account for its clients by raising the annual rate. The bank decided to raise the annual rate within the Promo savings […]
Author Roman Paramonov Reading 4 min Views 58 Published 21.09.2022 U.S. equities have been baffled by the start of a two-day meeting of the Federal Open Market Committee, where the central bank is expected to announce a 75 basis point rate hike, bringing it to its highest level since 2008. A trader on the NYSE […]
Author Roman Paramonov Reading 4 min Views fourteen Published 20.09.2022 The US stock market started the week with growth in major indices. Following a volatile trading session, during which the decline reached almost 1%, Dow Jones Industrial added 0.64%. The S&P 500 broad market benchmark rose 0.69%, while the Nasdaq Composite, a leading indicator of […]
Another wave of interest rate cuts on consumer loans has begun – banks have begun to improve conditions for their customers. Russian banks began to reduce interest rates on consumer loans after the reduction of the key rate of the Central Bank. One of the first was Alfa-Bank, where customers can already take advantage of […]
The regulator could cut the rate for the last time in this cycle, and experts predict its increase as early as 2023. Another reduction in the key rate to 7.5% per annum took place at a meeting of the Central Bank on Friday, September 16. After the meeting, the head of the Central Bank, Elvira […]
Author Roman Paramonov Reading 2 minutes Views 31 Published 09/19/2022 US stock index futures start trading on Monday with a relatively neutral open after major market benchmarks posted their worst week since June. Investors reacted to the inflation data, and the apotheosis of the weekend was the gloomy FedEx warning of a “significant deterioration” in […]
MOSCOW, 16 Sep — PRIME. The ruble exchange rate will react little to the decision of the Central Bank of the Russian Federation on the key rate, now it is more dependent on other factors and, first of all, on a possible new budget rule being prepared by the Ministry of Finance of the Russian […]
Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates Billionaire Ray Dalio predicted a fall in the US stock market and the economy after the release of a more negative than expected August inflation report in the US, writes Bloomberg. The founder of the world’s largest hedge fund, Bridgewater Associates, said that in […]
Author Roman Paramonov Reading 2 minutes Views 155 Published 09/15/2022 US stock indices finished trading on Wednesday with growth after an indecisive trading session, during which the main market indicators showed multidirectional movement. Dow Jones added only 0.1% As a result of the day, the broad market index S&P 500 rose by 0.3%, while the […]
