Finance
196 postsKeep up to date with the most important financial news that is influencing Crypto, Stock, and Currency markets and predicting future prices.
The Ministry of Finance of the Russian Federation will bring down the ruble, resuming the purchase of foreign currency
The new budget rule will enable the Ministry of Finance to resume purchasing foreign currency.
It is anticipated that the budget's oil and gas revenues …
Oil soared on Saudi decision
Saudi Arabia has determined that the reduction in oil production will be prolonged until September.
Before this, there had been speculation in the market that …
Morgan Stanley told what to expect from the stock market in 2023
For two years, the US stock market has experienced its longest streak of monthly growth.
The scope of stock asset growth is starting to expand.
…The Moscow Exchange Index returned to the levels before the start of the CBO
The Moscow Exchange index has regained its pre-special operation in Ukraine levels.
Oil prices increasing, corporate announcements, and the weakening of the ruble are all …
Bi Weekly Market Review - Edition #4
For the period 16th - 31st July
Dear FOMOdrive community members,
Happy August!
Welcome to Edition #4 of our Bi-weekly Market Review covering market news …
What awaits the ruble in August and when to buy currency?
By the end of July, the ruble had weakened against the dollar, euro, and yuan.
By the end of the month, the dollar exchange rate …
Oil prices soared by 13%
In July, Brent oil prices experienced a dramatic increase of 13%.
The month that has just ended may have been the best one in the …
Bank of Japan shocks markets by changing YCC policy
On Friday, the Bank of Japan declared that it is relaxing its bond yield control (YCC) policy.
The Central Bank increased its prediction for inflation …
JPMorgan: Gold will hit $2,175 in 2024
It is predicted by JPMorgan that gold prices will increase to $2,175 by the end of 2021.
It is recommended by UBS that the precious …
Euro collapses after ECB rate hike to highest since 2001
After the European Central Bank (ECB) raised its interest rate, the euro experienced a sharp decline.
Strong data on GDP growth and orders for durable …