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Downfall

Interactive Brokers closes access to paid market data, users report

Interactive Brokers closes access to paid market data, users report

Starting July 1, market data from the NYSE will not be available by subscription. Users with paid subscriptions were notified about this. There is an assumption that the restriction will not apply to normal use and display data with a delay.

Stopping Russian gas supplies to Germany will lead to the collapse of the world's largest chemical company - WSJ

Stopping Russian gas supplies to Germany will lead to the collapse of the world's largest chemical company - WSJ

The German chemical company BASF SE worked for many years on cheap Russian gas. Now one of the largest chemical complexes in the world is forced to reconsider its business model. The goods produced at a chemical plant start the production cycle of many industrial chains. If BASF fails to

Number of pigs grown in Germany fell to a record low, - Bloomberg

Number of pigs grown in Germany fell to a record low, - Bloomberg

By May 3, the number of pigs in Germany had dropped to 22.3 million, according to research, the lowest number since the country's reunification. A shock for a country known for its sausages. The rapid drop in numbers underscores the stress livestock farmers around the world are facing this

WTI oil loses almost 4%

WTI oil loses almost 4%

The price of U.S. oil continues to fall amid the decisions of the Biden Administration. Today the U.S. president addressed Congress with a proposal to cancel the fuel tax for 3 months. Also, state authorities are trying to encourage producers of petroleum products to increase production rates in

Inflation hits Canadian steelworkers and loggers

Inflation hits Canadian steelworkers and loggers

Shares of Canadian mining, steel and timber companies have lost all of this year's gains. The Bank of Canada's tightening policies and record inflation since 1983 are slowing demand in the economy for raw materials. "Rates are rising, and that will hit all cyclical industries," said Stifel Canada managing director

Fed really can't do anything about oil prices - Powell

Fed really can't do anything about oil prices - Powell

Price inflation is a macroeconomic issue, he believes. We need a restrictive policy, and that is where we are headed. We don't think we've seen the full effect of quarantine in China yet.

Inflation is hitting my people so hard they're coughing up bones - Senator John Kennedy

Inflation is hitting my people so hard they're coughing up bones - Senator John Kennedy

That's how the Los Angeles Republican addresses Fed Chairman Jerome Powell at today's Senate Banking Committee hearing on monetary policy and the economy.

Brent oil falls by 5% - quotes below $110 per barrel

Brent oil falls by 5% - quotes below $110 per barrel

Oil heard Biden and still retreated from the highs of June. It's the reduction in demand due to the increase in rates by global central banks.

Clients of broker "Otkritie" report that the broker imposes restrictions on currency trading

Clients of broker "Otkritie" report that the broker imposes restrictions on currency trading

Restrictions are imposed on the opening of new unsecured positions and positions with partial collateral in currencies: Yuan, Euro, Pound, Dollar. Also unsecured positions are closed and a restriction is imposed on the use as collateral for open positions in pounds.

U.S. failed to reduce chip production capacity in China - Bloomberg

U.S. failed to reduce chip production capacity in China - Bloomberg

China's semiconductor industry is showing signs of prosperity, despite the evidence of Trump and his successor, Biden. Chinese orders for chip-making equipment from foreign suppliers rose 58% in 2021, making it the largest market for these products for the second year in a row.