Shell in talks with Chinese state-backed firms as it looks to offload Russian energy stakes April 21, 2022 Shell has turned to China, as the energy giant looks to offload its chunky stake in a major Russian gas project.
Netflix shares tumble after earnings last night April 20, 2022 | City Talk Netflix shares fall nearly 25% after the company reported a drop in subscribers. What happened after Netflix’s reported earnings? In extended trade last night, Netflix saw its shares tumble by a quarter of its entire value. Almost 25% was wiped off the share price in extended trade on the IG platform last night as a [...]
1 Minute Market Rundown – 20th April 2022 April 20, 2022 | City Talk Russia – UkraineCrypto ConsolidatesPowell to Speak Later in the Week We highlighted Yen weakness as the current theme and that continues yesterday as the JPY slid to a 2 decade low against the USD trading above 129.00. Overnight and this morning we are seeing the USD pare back its losses – not all too unsurprising [...]
Putin stamps out foreign listings for Russian firms April 19, 2022 Russia is set to stamp out foreign listings for homegrown firms as Putin looks to close ranks in the wake of the invasion of Ukraine.
1 Minute Market Rundown – 19th April 2022 April 19, 2022 | City Talk Russia – UkraineRisk Holds InCrypto ConsolidatesPowell to Speak Later in the Week We spoke last week of the path of least resistance being the USD higher and yields higher and that continues to be the main themes of the markets at the moment. The greenback has made fresh 2 year highs, especially against the low [...]
Oil prices rebound amid looming prospect of EU sanctions April 15, 2022 Oil prices have surged amid reports the European Union could finally phase in a ban on Russian oil imports.
1 Minute Market Rundown – 14th April 2022 April 14, 2022 | City Talk Russia – UkraineChina Indicates Looser Monetary PolicyCrypto ConsolidatesECB in Focus We have spoken about the path of least resistance being the USD higher, yields higher and risk lower. Thus naturally it made sense that we saw the total opposite yesterday… We saw, in our minds, a relief rally across the board heading into the ECB [...]
Oil prices continue resurgence amid escalating supply shortage fears April 13, 2022 Both major benchmarks extended gains today, with Russia revealing peace talks with Ukraine had reached a dead end.
Russia to pursue alternative buyers as West ramps up sanctions April 13, 2022 Russia will pursue alternative markets for its energy exports, revealed President Vladimir Putin, amid escalating tensions with the West.
‘Don’t tell anyone’: Whatsapp messages exposed £400m ‘Essex boys’ traders to US lawsuit April 13, 2022 A group of traders dubbed ‘the Essex boys’, who made more than £400m profit in a day of frenzied oil trading in 2020, exposed themselves to a US lawsuit due to a Whatsapp exchange, it has been revealed.