After the real estate crisis, China surprisingly cuts rates while Russia, grappling with the collapse of the ruble, does exactly the opposite and raises the interest rate to 12% - American markets in the red on August XNUMXth
After the collapse of the ruble, caused by sanctions on Moscow's energy exports, the Russian Central Bank has raised rates to 12%
Regardless of Moscow's official story, Western sanctions are weakening the Russian economy, but how? The analysis of the Public Accounts Observatory led by Carlo Cottarelli
From Brussels comes an opening on gas. The no to payments in rubles remains, but after having paid the amount due in euros, companies with a self-certification will be able to consider their obligations fulfilled. Eni opens two accounts at GazpromBank, one in…
Russian Railways bankrupt after non-payment of a bond. The circle is tightening on Alrosa diamonds. Moscow threatens lawsuits after S&P downgrade
The financial sanctions on Russia open up new scenarios in the currency market that could lead to two different monetary systems, one Western and one Chinese. Martin Wolf explained it in the Financial Times, of which we publish the Italian version
New ultimatum launched by Putin on the payment of gas in rubles for "hostile countries", including Italy. The clear no of the G7. And he works to limit the granting of visas to Russia
Putin's ban on the payment of Russian gas in dollars or euros displaces the stock markets while oil slows down - Piazza Affari turns the spotlight on Generali, Tim and the banks
Russia's decision to no longer accept gas payments in dollars or euros sends ruble and gas soaring and ballasts European stock exchanges - Brent above $120
The move is a retaliation against European Union sanctions – Putin's words give wings to the ruble, which is recovering after the recent collapses, and to the price of gas
Russia claims it has paid the coupons and that it is now up to Western countries to transfer the funds to bondholders - There are 30 days to clarify the situation
Russia's default is imminent according to Fitch who downgraded Moscow's debt rating to junk. New EU sanctions on the way
INTERVIEW WITH GIOVANNI BARONE ADESI, professor of Financial Theory at the Università della Svizzera italiana - "Watch out for the stock exchanges but also for futures on interest rates and gold, palladium and oil"
Runaway companies, closed stock market and plummeting stocks in London, ruble at historic lows, GDP in free fall. The effects of the war in Ukraine on the Russian economy have only just begun.
Piazza Affari loses above all due to the debacle of the banks (Unicredit in the red by almost 10%) even if Leonardo flies with an exploit that is close to 16% - The other European lists are bad
The central bank more than doubled its key ruble rate and tried to reassure savers, but thousands have been queuing at ATMs since this morning
The stock exchanges pay the price of war and today they are preparing to experience another very difficult day - Futures anticipate a 3-4% drop for European lists
The South African rand, which in 2016 was one of the best emerging currencies, lost 9,6% in the last week due to the political crisis at risk of civil war that was opened by President Zuma by dismissing Finance Minister Gordhan, the…
The ruble has rebounded 25% from its lows in January and the IMF's recent mission to Moscow has boosted expectations of a further recovery in the Russian economy as interest and portfolio flows on bond issues grow…
The umpteenth drop in oil causes the Rts index of the main Moscow stock market to fall by almost 5% - Ruble at its lowest since December 2014 - The Russian press speaks of a cut in the Government's 2016 GDP forecasts from…
Still in the wake of the devaluation of the yuan, the single European currency travels to a high in the last seven months against the dollar - The Russian currency is at its lowest since the beginning of the year
Thanks to the partial easing of international tensions and the slight recovery in crude oil prices, the ruble managed to recover around 40% with respect to the all-time low reached in December.
REPORT BY INTESA SANPAOLO - The devaluation of the ruble exacerbates the consequences of the sanctions on the Russian banking system - The limits on international financing slow down lending, increase interest rates and fears related to the quality of the customer portfolio…
The reference rate, after the surge decided in December, drops today by 200 basis points, from 17 to 15% - The move surprised the markets.
Against the greenback, the euro falls to 1,205, its lowest level since June 2010 - The yen is still above 120 against the dollar, which gains on practically all Asian currencies.
In addition to the Fed's decision to postpone the rate hike, the German Ifo index is also supporting the price lists - Buzzi and Eni rise in Milan, Mediolanum, Bpm and Mediaset also do well - The Russian stock market rebounds, ruble volatile - The…
In his end-of-year speech, the Russian President admitted that "a further fall in oil prices is possible", but he also assured that the crisis will not last more than two years - Meanwhile, the ruble, after a positive start,…
The intervention of the Central Bank of Moscow, which announced "seven measures to support the stability of the financial system", in particular through the purchase of foreign currency, benefits the Russian currency - The Rts index flies.
Consumer prices slow down in the Eurozone - The markets the press conference of the number one of the Fed, Janet Yellen (20 pm Italian time) - Ruble little moved after the new government interventions - The price of oil remains below…
Bentley, Volkswagen and Jaguar Land Rover would freeze deliveries until a price review - Apple suspends online sales of iPhones, iPads and computers.
