analyst

Biden signs bill to increase US national debt ceiling

President Joe Biden signed into law, expanding the US government debt ceiling and preventing a potential default on government debt. This significant step was the result of months of political negotiations and includes a number of key measures, reflecting economic and political dynamics within the country. In this article, we will take a closer look at the key points and implications of this decision., which, As expected, will lead to some changes in the US economic landscape.

Default in Russia on external debt, according to Bloomberg: what does late payment of coupons on eurobonds mean and what does it threaten

Bloomberg writes, what is default, but the Russian Ministry of Finance does not agree with this Sunday, 26 June, the 30-day grace period for the payment of coupons on Eurobonds of the Russian Ministry of Finance in the amount of about $100 million has expired. According to Bloomberg, failure to pay interest by the deadline means, that Russia defaulted on its foreign obligations for the first time since 1918. At the same time, Bloomberg emphasizes, that the default is mostly symbolic and means little to Russians — they are more affected by accelerated inflation and the economic downturn. Russian Ministry of Finance 27 June said, that Russia fulfilled its obligations on time. The money for payments was transferred to the National Settlement Depository in advance and then sent to the holders of Eurobonds. But international settlement and clearing systems did not bring the money to the final recipients. And since Russia cannot influence the actions of foreign financial intermediaries, investors should contact them. What happened 27 May, the Russian Ministry of Finance had to pay coupons on two Eurobonds in the amount of $71.25 million and EUR 26.5 million. But the payment of public debt in foreign currency has become impossible: 25 May the US decided not to renew the license, which allowed U.S. holders of Russian bonds to receive payments on these securities. And although the Russian Ministry of Finance sent money to NSD in advance, 20 May, — владельцы облигаций не получили их, indicates Bloomberg. По условиям облигационных выпусков дефолт объявляется, если купоны или номинал облигаций не были выплачены в 30-дневный срок с даты, when they should have been paid. 26 июня этот срок истек. В итоге подтвердились опасения насчет дефолта по внешнему долгу России, которые высказывались начиная с марта. As recalled by Bloomberg, это первый подобный дефолт с 1918 года, когда большевистское …

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Russian stock market fell: why there was a collapse on the Moscow Exchange, what is happening with the market today and what should investors do

And how an investor can avoid panic Russian stock market, represented by the Moscow exchange index, fell four trading sessions in a row, with 13 on 18 January 2022, — 15 And 16 January was a weekend at the stock exchange. The fall, excluding additional trading sessions, Was 13%. RTS Index, or the dollar version of the Moscow exchange index, during the same days fell more strongly - on 15,2%. This is due to the rise in the dollar.: at the maximum 18 January it exceeded 77 R. The rate of decline in the index is comparable to that, what happened on the stock exchanges in March 2020, When the WHO declared the Coronavirus Pandemic. In the morning session 19 January, the Moscow Exchange index fell to 3205 points, to the level of January 2021. RTS index at the beginning of trading 19 January dropped to 1331,03 - and thus reached the level of December 2020. Then the indices partially recovered. Why the stock market fell Market decline is associated with geopolitical tensions, which arose due to unsuccessful negotiations between Russia, United States and NATO countries on security assurances. Negotiations between Russia and the United States were held on January 9-10 in Geneva, and 12 On January 2009, a meeting of the Russia-NATO Council was held in Brussels. Following the talks, Russian Deputy Foreign Minister Sergei Ryabkov said, that Western countries have abandoned Russian proposals for security and non-expansion of NATO. There are no grounds for new negotiations in the near future, and Russia, according to Deputy Minister, "There's nowhere left to go". There was other negative news: The US Senate has published a draft of a new package of sanctions against the Russian public debt, banks and the leadership of Russia. These sanctions are designed in case of Russia's invasion of Ukraine, which the United States considers possible. Russian government denies plans to attack. The project proposes to impose sanctions against at least three financial organizations from the list: Sberbank, VTB, …

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The cryptanalyst thinks, that December will be a bullish month

Cryptocurrency analyst Justin Bennett believes, that December could be a month of rallying in the cryptocurrency market, and Ethereum (ETH) and Dogecoin (DOGE) potentially could lead it According to him, dollar index (DXY), which compares the dollar with a basket of other fiat currencies, gives a bullish signal for the crypto market.

Cryptanalyst told about the nearest prospects 5 popular altcoins

Cryptocurrency analyst with the nickname Altcoin Sherpa spoke about the potential levels of decline, which can be achieved 5 popular altcoins According to him, polkadot blockchain (DOT) there is a chance to face a significant increase in demand in the event of an overlap of the 200-day exponential moving average (EMA): "On the DOT, I expect the continuation of consolidation in the region $30 – $40, as it supports the 200-day EMA, namely at $32". The sandbox blockchain gaming ecosystem looks promising (SAND) and the analyst hopes for the ability to enter the asset at a level of about $5: "This asset is one of the few, which are worth buying on the fall of the rate. The strongest assets are repaied faster than others.. Third altcoin on analyst's list – CRO, on the basis of which the trading platform of the Crypto.com operates. Altcoin Sherpa considers, that CRO has support on low timeframes: "According to CRO I expect the bottom at around $0.6". Analyst closely monitors the platform of smart contracts Oasis Network (ROSE), working in the field of confidentiality for open finance. In his opinion, THE ROSE course can grope the bottom nearby $0,29: "Not a bad first reaction to $0,618 [Fibonacci level]. I would like to see consolidation at the mark $0,618, and then you can form a solid bottom.". And closes the list of the platform in the field of payment infrastructure COTI. COTI is now using the 200-day EMA as support. ($0,37), но очередная распродажа может стать …

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Cryptostrategist considers, that the correction of BTC is almost complete

Cryptocurrency strategist with nickname Smart Contracter considers, that Bitcoin is almost ready to recover. He also pointed out a potential bottom for Ethereum According to him, bitcoin gives signals, that the correction is almost complete: "So far, there are no signs of an immediate reversal., but I suppose, that we saw the final volumes of surrender.

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