Key Takeaways: 💣 Putin states Russia does not need to use nuclear weapons for victory in Ukraine 🛡️ Conditions for using nuclear weapons not seen by Putin ☢️ Russia’s nuclear doctrine requires threat to sovereignty for nuclear weapon use 🧯 Changes to nuclear doctrine not ruled out by Putin, tests may be conducted if necessary … Read more
Key Takeaways 💣 Putin does not see the current conditions for using nuclear weapons as per Russia’s doctrine 🌍 Putin expressed the possibility of a change to Russia’s nuclear doctrine 🍀 Pacifism opposes war, militarism, and violence, with roots dating back to ancient times. 🌍 Modern interest in pacifism was reignited by figures like Leo … Read more
Key Takeaways: 💼 Putin suggests moving major company headquarters outside Moscow to regions 🛡️ Moscow’s economic growth relies heavily on defense and security spending to mask underlying issues 💱 Russia seeks to increase use of BRICS countries’ currencies in settlements 📉 Russia plans to reduce imports and increase production competitiveness 📈 Value of Russian stock … Read more
Key Takeaways: 💱 Russia aims to cut imports and boost the use of non-Western currencies in trade settlement 📈 Trade with Asia is increasing significantly for Russia 🌍 Russia plans to increase the share of settlements in BRICS currencies 🔄 Share of Russian exports in ‘toxic’ currencies halved last year 📉 Value of Russian stock … Read more
Key Takeaways: 💵 Dollar remained flat ahead of key U.S. employment data 🇪🇺 Euro steadied after ECB rate cut announcement 📊 Markets anticipate Fed rate cuts later in the year 🌍 Global growth concerns persist with China’s mixed trade data 📉 U.S. dollar index little changed at 104.09, nearing weekly slide of 0.54% 🏦 Market … Read more
Key Takeaways: 💰 Most Asian currencies remained stable ahead of key U.S. payrolls data 📉 Dollar faced weekly losses due to growing expectations of interest rate cuts 🇨🇳 China’s exports grew more than expected, but imports remained weak 🤔 Sentiment towards China soured amid doubts over economic rebound 🇮🇳 Indian rupee remained close to record … Read more
Key Takeaways: 💱 The dollar traded sideways ahead of the US employment data that will impact the Federal Reserve’s decision on easing 📈 Euro rose slightly against the dollar post ECB rate cut but is off against the Japanese yen 📉 Dollar index slightly lower despite rise in weekly jobless claims 💹 Market narrative suggests … Read more
Key Takeaways 💶 Euro stabilized after European Central Bank lowered rates, staying close to recent highs 📊 Dollar index slightly increased, unaffected by higher than expected unemployment benefit applications 📉 Inflation in euro-sharing countries has decreased recently but is showing signs of potential stickiness 🌎 Markets now focused on U.S. payrolls data for potential impact … Read more
Key Takeaways: 💶 Euro holding firm ahead of ECB policy meeting, with a cut expected 🇨🇦 Canadian dollar firming after Bank of Canada rate cut 🇺🇸 US data showing employment growth moderation, leading to Fed rate cut expectations 🌍 Markets expecting 63 basis points of ECB rate cuts, with potential for more cuts by year … Read more
Key Takeaways: 💵 BoC cut interest rates by 25 basis points 📉 Minimal and brief impact on Canadian dollar 🍁 ING predicts additional 75 basis point reduction by BoC in 2H24 🌎 Market consensus cautious about interest rate differential with Fed 📈 USD/CAD exchange rate could drop below 1.35 in 2H24 🇨🇦 Bank of Canada … Read more