Russia gets new sanctions as Obama speaks

Note: This section contains information in English only.
Source: Bloomberg
Russian core economy motors were added to the U.S. sanction list on Wednesday. As a result, Rosneft, Gazprombank, Novatek and Vnesheconombank are no longer able to make transactions in U.S. dollars, nor they have the ability to enter American markets to take long-term loans. These sanctions lead to significant problems for companies that do business with Russia. 
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Tue, 22 Jul 2014 19:50:12 GMT

The Euro breaks down in early European session

While the U.S. inflation faintly accelerated, leading to broad gains in the value of the U.S. currency, the Euro gave up its positions, slipping below this year's minimum of $1.3480. Now the currency pair is facing a long-term trend-line at 1.3470. Meanwhile, the Bundesbank warns there are still problems with the economy of the Euro zone and with the flagman

Tue, 22 Jul 2014 19:28:11 GMT

US Dollar surges against Euro after CPI

The greenback climbed to the highest level in eight months against the Euro, triggered by the rise in short-term US Treasury yields, which caused traders to speculate about potential increments in interest rates. The US Dollar stretched its gains after the release of June's Consumer Price Index report. Unsurprisingly, US CPI rose by 0.3%. However, core CPI revealed to be

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