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The U.S. stock market will rise today. Producer inflation slows rapidly

The U.S. stock market will rise today. Producer inflation slows rapidly

The annual core U.S. producer price index fell to 6.7% in October after 7.2% a month earlier. Forecasts were far from so optimistic. Analysts had expected the index to hold steady. After last week's CPI data, optimism returned to the US market. Today's data will only bolster

The U.S. stock market will rise today. Producer inflation slows rapidly

The U.S. stock market will rise today. Producer inflation slows rapidly

The annual core U.S. producer price index fell to 6.7% in October after 7.2% a month earlier. Forecasts were far from so optimistic. Analysts had expected the index to hold steady. After last week's CPI data, optimism returned to the US market. Today's data will only bolster

The EU is negotiating about 18 billion euros in financing for Ukraine, Bloomberg

The EU is negotiating about 18 billion euros in financing for Ukraine, Bloomberg

The commission is still working on the details of the new plan, and some elements, including the size of the package, have not been finalized. Ukraine will need about $38 billion in foreign financial aid next year.

The EU is negotiating about 18 billion euros in financing for Ukraine, Bloomberg

The EU is negotiating about 18 billion euros in financing for Ukraine, Bloomberg

The commission is still working on the details of the new plan, and some elements, including the size of the package, have not been finalized. Ukraine will need about $38 billion in foreign financial aid next year.

OPEC countries participating in the OPEC+ deal increased oil production by 277,000 bpd in August, but fell behind the plan by 1.4 mln bpd

OPEC countries participating in the OPEC+ deal increased oil production by 277,000 bpd in August, but fell behind the plan by 1.4 mln bpd

OPEC also left its 2022 and 2023 demand forecast unchanged. Leading economies are doing better than forecast, which means demand will be robust. The latest macro data shows that OPEC is right.

OPEC countries participating in the OPEC+ deal increased oil production by 277,000 bpd in August, but fell behind the plan by 1.4 mln bpd

OPEC countries participating in the OPEC+ deal increased oil production by 277,000 bpd in August, but fell behind the plan by 1.4 mln bpd

OPEC also left its 2022 and 2023 demand forecast unchanged. Leading economies are doing better than forecast, which means demand will be robust. The latest macro data shows that OPEC is right.

Ministry of Finance and Central Bank advocated the legalization of cross-border payments in cryptocurrency - Frank Media

Ministry of Finance and Central Bank advocated the legalization of cross-border payments in cryptocurrency - Frank Media

Cryptocurrency settlements will partially help replace international SWIFT transfers. However, do not get too excited: legalization of transfers means control over transactions by the state. This is the official position of regulators. It is still unknown to what extent the Ministry of Finance and the Central Bank will regulate this

Ministry of Finance and Central Bank advocated the legalization of cross-border payments in cryptocurrency - Frank Media

Ministry of Finance and Central Bank advocated the legalization of cross-border payments in cryptocurrency - Frank Media

Cryptocurrency settlements will partially help replace international SWIFT transfers. However, do not get too excited: legalization of transfers means control over transactions by the state. This is the official position of regulators. It is still unknown to what extent the Ministry of Finance and the Central Bank will regulate this

Yandex benefited from the asset swap with VK

Yandex benefited from the asset swap with VK

The company exchanged assets with VK. Yandex will get Delivery Club, while VK will get Yandex Zen and Yandex News. Yandex now owns the two largest food delivery services. Service Yandex and Delivery Club occupy about a quarter of the market of delivery of ready-made food. And the delivery market

Yandex benefited from the asset swap with VK

Yandex benefited from the asset swap with VK

The company exchanged assets with VK. Yandex will get Delivery Club, while VK will get Yandex Zen and Yandex News. Yandex now owns the two largest food delivery services. Service Yandex and Delivery Club occupy about a quarter of the market of delivery of ready-made food. And the delivery market