The yield on ten-year US Treasury bonds declined by 0.07 percentage point. During the Russian special operation in Donbass, the yield on 10-year US Treasury notes, which are regarded the benchmark and most popular government debt instruments in this nation, declined by 0.07 percentage points to 1.90 percent each year, according to CNBC. In addition, the 30-year bond yield fell by 0.06...

India's overall crude oil purchase cost for the current fiscal year (ending March 31) is expected to be more than $100 billion, nearly double the previous fiscal year's figure. The Press Trust of India news agency reported this on Sunday, citing statistics from the Petroleum Planning & Analysis Cell (PPAC), an Indian Ministry of Petroleum and Natural Gas think tank. This increase in import...

The Russia-Ukraine crisis pushed gold prices to their highest level in almost a year on Wednesday. Gold prices surged as tensions between Moscow and the West grew, owing to the possibility of Russian forces entering the Donbass and rising worries of a full-scale invasion of the Ukrainian territory. Gold futures for April raised by $3, or 0.2 percent, to $1,910.40 per ounce, the highest closing...

Analysts at investment firm Goldman Sachs predicted a 6% drop in the US stock market and the S&P 500 index from their levels at the end of trade on February 18. Japanese and European corporations' assets will be hit the worst, says Bloomberg news agency. Goldman Sachs strategists based their calculations on the sensitivity of global assets to the ruble. They calculated that a 10% depreciation of...

The U.S. Federal Reserve will raise rates for nine consecutive meetings, economists at JPMorgan Chase predict. JPMorgan Chase economists expect that the Federal Reserve (Fed) is likely to raise interest rates by 25 bps at nine consecutive meetings to try to lower inflation.  That's what Bloomberg writes, citing an analyst report from a team led by economist Bruce Kasman. By early next...

The Financial Times (FT) reported that seven major Western oil and gas corporations - BP, Chevron, Shell, Eni, ExxonMobil, TotalEnergies, and Equinor - plan to buy back their shares for a total of $41 billion this year, according to RBC Capital Markets' projections. The total sum is slightly lower, at $38 billion, according to Bernstein Research. In any case, this is a new high since 2008, when...

One of Silicon Valley's largest venture capital firms will create a fund for long-term crypto investments of up to $600m. Venture capital firm Sequoia Capital will create a special fund focused on liquid tokens and cryptocurrencies, Bloomberg writes, citing a statement from the firm. The size of the fund will range from $500 million to $600 million. The creation of a separate fund goes against...

According to the American Gaming Association (AGA), US gambling turnover hit an all-time high of $53 billion in 2021, a 21 percent rise over the previous high set in 2019 and a 67 percent increase over 2020 volumes, which were slowed by lockdowns. Casinos, slot machines, and other traditional gambling enterprises made for the lion's share of total turnover - $45 billion, up 6.6 percent from...

Oil production in the main oil and gas producing areas of the U.S., a significant part of production in which is shale oil, in March will increase compared to the current month by 109 thousand barrels per day, or 1.3%, to 8.707 million barrels, the Energy Information Administration (EIA) of the Ministry of Energy forecasts. Production in the Permian Basin will increase by 71,000 barrels to 5.205...