Regional News

02.12.2022

Russia misses housing construction target

In October, as follows from the Rosstat report published on the socio-economic situation in Russia, the decline in housing commissioning continued: 8.7 million square metres were commissioned over the month, which is 10.6% lower than the same period last year. The volume of commissioning as a whole for ten months...

In October, as follows from the Rosstat report published on the socio-economic situation in Russia, the decline in housing commissioning continued: 8.7 million square metres were commissioned over the month, which is 10.6% lower than the same period last year. The volume of commissioning as a whole for ten months...

02.12.2022

Moscow Exchange Index tends to 2,200 points

The mood on the world markets on Thursday morning can be described as positive. Investors in Asia win back the reaction of overseas sites to the speech of the head of the US Federal Reserve, J. Powell, as a result of which the leading sites in the region grow within...

The mood on the world markets on Thursday morning can be described as positive. Investors in Asia win back the reaction of overseas sites to the speech of the head of the US Federal Reserve, J. Powell, as a result of which the leading sites in the region grow within...

02.12.2022

Russian economy develops better than expected in 4Q

Rosstat published October macro statistics, which pleasantly surprised us. Retail trade turnover declined by 9.7% yoy, while we expected the fall to exceed the September level of -9.8% yoy. The non-food retail segment surprised positively, declining by 14.3% yoy in October against -15.0% yoy in September.

Meanwhile, the food retail segment...

Rosstat published October macro statistics, which pleasantly surprised us. Retail trade turnover declined by 9.7% yoy, while we expected the fall to exceed the September level of -9.8% yoy. The non-food retail segment surprised positively, declining by 14.3% yoy in October against -15.0% yoy in September.

Meanwhile, the food retail segment...

02.12.2022

Gazprom updates records of deliveries to Russian market in November

In January-November of this year, Gazprom, according to preliminary data, produced 376.9 billion cubic metres of gas. This is 19.4% (90.8 billion cubic metres) less than last year, the company said.

"Demand for the company's gas from the gas transmission system in the domestic market over this period decreased by 5.7%...

In January-November of this year, Gazprom, according to preliminary data, produced 376.9 billion cubic metres of gas. This is 19.4% (90.8 billion cubic metres) less than last year, the company said.

"Demand for the company's gas from the gas transmission system in the domestic market over this period decreased by 5.7%...

02.12.2022

Yuan peaks on bearish greenback

China's yuan hit a two-week high against the U.S. dollar on Thursday, which came under pressure after the Federal Reserve Chair Jerome Powell said U.S. rate hikes could be scaled back "as soon as December".

The dollar tumbled to a three-month low versus the yuan after Powell said the central bank was "slowing...

China's yuan hit a two-week high against the U.S. dollar on Thursday, which came under pressure after the Federal Reserve Chair Jerome Powell said U.S. rate hikes could be scaled back "as soon as December".

The dollar tumbled to a three-month low versus the yuan after Powell said the central bank was "slowing...


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