Source Pravda.Ru

Russian market goes through slight downward correction

Today's trading on the Russian stock market is extremely inactive. Onlynine deals were struck in over one and a half hours. At the same time, RAOUES shares gained 9.37 percent (three deals were made) and RTS index lost0.07 percent to 339.64 points. Almost all share prices are dropping onMICEX. For example, RAO UES shares have already lost 1.31 percent. Traders say, futures of US stock indices are going down now, and oil pricesare going through a period of correction. In this situation, Russian stockprices will be loosing their value slightly, and traders will be waitingfor fresh news from US stock markets. .

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars

China weaves financial web to oust Russia and USA from Middle East
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