Source Pravda.Ru

Experts recap rising trends on stock market

The Moscow Interbank Currency Exchange (MICEX) saw a confident rise yesterday, a stock analyst reported to RBC. Despite a downward correction at the closing yesterday, the MICEX index was still at a record high of 570.67 points, 0.58 percent higher than at the closing on October 13. Common shares of the national energy grid RAO UES went up 2.3 percent, Norilsk Nickel advanced 2.4 percent while Surgutneftegas, YUKOS and LUKoil dropped 0.8, 2.8 and 0.6 percent respectively.

The expert linked the rising tendency to favorable ruble liquidity with one-day ruble credit rates remaining at about 1.7 percent. The domestic market was rising also on higher balances at correspondent accounts of commercial banks and a handful of positive corporate news.

When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked

US sanctions to kill Russian banks and sovereign debt?

The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America

Turkey desperately tries to rescue its national currency as it falls to all-time lows
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US sanctions to kill Russian banks and sovereign debt?
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US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
US sanctions to kill Russian banks and sovereign debt?
Russia to build major naval base on the coast of Caspian Sea
US sanctions to kill Russian banks and sovereign debt?