Goldman Sachs predicted Brent at $110 in case of complete lifting of restrictions in China, and Tinkoff will unblock securities transferred to non-trading accounts – these and other important news for the morning of Thursday, January 12, in our daily review. The cost of Brent crude oil could rise to $110 per barrel by the […]

In today’s trading, the US dollar is getting cheaper against the euro, yen and pound sterling before the publication of December data on inflation in the States. Calculated ICE index, showing the dynamics of the dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), loses 0.15% during the trades, […]

Cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has informed customers that it will henceforth stop working with brokerage company Genesis, writes Business Insider. The news comes after Gemini co-founder Cameron Winklevoss on Tuesday accused Genesis, parent company DCG and its founder Barry Silbert of fraud. “This officially terminates the Earn program and requires Genesis […]

The Pound Sterling to Euro (GBP/EUR) exchange rate fell to two-year lows in September as the Truss government’s tax cuts triggered panic selling of UK bonds. Following the fiscal policy reversal, there was a quick recovery to highs around 1.17 before the exchange rate fell back to 1.13 as the Euro provided a broader recovery. […]

Binance, the world’s largest cryptocurrency exchange, is struggling to hold onto assets. Following the collapse of rival exchange FTX, investors have been withdrawing their cryptocurrencies in recent weeks, and despite assurances from CEO Changpeng Zhao that the situation has stabilized, the outflow of funds is accelerating. According to Defillama, a cryptocurrency data firm, customers withdrew […]

Elon Musk’s Tesla (NASDAQ:TSLA) has cut the prices of its electric cars in the U.S. and European markets, expanding its discounting strategy, Reuters writes. The price cuts for electric cars in the U.S. for the Model 3 sedan and Model Y crossover range from 6% to 20% compared to prices before discounting and before accounting […]

Shares of billionaire Richard Branson’s American space company Virgin Galactic rose 19.7% to $5.53 on the New York Stock Exchange’s after-market on January 12. During the main session, the securities rose by 7.7%. The growth of quotations of Virgin Galactic, specializing in space tourism, was observed after its announcement about updating the management structure and […]

SberCIB predicted the dollar at RUB 65 due to the resumption of the budget rule, and experts assessed the impact of problems with oil sales on the Russian budget – these and other important news for Friday morning, January 13, in our daily review. The Finance Ministry’s decision to start selling yuan as part of […]

Victims of the crypto pyramid BitConnect will receive compensation in the amount of more than $17 million, RBC writes with reference to the press release of the U.S. Department of Justice. The federal district court in San Diego ruled that the amount of compensation will be distributed among about 800 victims of BitConnect from more […]

If negotiations between Moscow and Kiev resume, they will most likely be direct and without the participation of mediators, the director of the second department of CIS countries at the Russian Foreign Ministry, Aleksey Polishchuk, has said. TASS reported. “If and when these contacts are resumed, they are likely to be direct as well. And […]

Singapore-based Crypto.com said it plans to cut about 20% of its staff as more cryptocurrency exchanges face industry-wide problems stemming from the recent FTX bankruptcy last year. The announcement came amid concerns over reserves and the solvency of the entire sector just days after rival exchanges Coinbase Global Inc (NASDAQ:COIN) and Huobi announced plans to […]

The Moscow Exchange index rose by 0.7% and rose to 2200.85 points. This is evidenced by trading data on the Moscow Exchange as of 13:54 MSC. The MosBirch index exceeded the mark of 2200 points for the first time since December 6. The RTS index rose by 1.3% to 1,028.86 points. The stock market is […]

Global funds have started buying up shares listed on the stock exchanges of mainland (excluding Hong Kong and Macau) China. The interest in the securities has grown as the country is lifting anti-commodity restrictions and taking measures to stimulate economic growth, Bloomberg writes. Foreign investors only on Friday, January 13, invested $2 billion in shares […]

The U.S. Securities and Exchange Commission (SEC) on Thursday said it has charged Genesis Global Capital LLC and Gemini Trust Company LLC with illegally selling securities to hundreds of thousands of investors through their cryptocurrency lending programs, Reuters writes. Genesis, as part of the Digital Currency Group, struck a deal with Gemini in December 2020, […]

U.S. bank Wells Fargo & Co (NYSE:WFC). recorded a 6% decline in revenue in the fourth quarter of 2022, while its net income fell by half due to one-time expenses. According to a press release from the bank, revenue in the October-December period totaled $19.66 billion, down from $20.86 billion in the same period a […]

Bed Bath & Beyond has had a tumultuous start to 2023, with the company’s stock up more than 230% in just four days, writes Business Insider. According to S3 Partners, short sellers of the dwindling retailer made $179 million in profits in 2022, but they lost more than $30 million in 2023, and are now […]

The European Union’s tenth package of anti-Russian sanctions should be ready by the end of February, it may include further restrictions on Russian media and disconnecting more banks from the SWIFT system, Reuters reports citing diplomats from Poland and Lithuania. “They (diplomats) said that the tenth package of sanctions should be ready by February 24,” […]

Russia and Iran have started discussing the creation of a joint steiblcoin linked to gold, and economists have assessed the likelihood of recession in the United States in the coming year – these and other important news for Monday morning, January 16, in our daily review. The Central Bank of Iran is discussing with Russia […]