Central bank cuts rates gradually, and Russian companies are issuing bonds more actively. Quite a lot of new papers appeared in June and July. Besides, added another exchange-traded mutual fund. Part of the new bonds we do not mention.
Other big tech companies are cutting hiring plans too. Meta Platforms* (NASDAQ: META) announced at the end of June, which reduces plans to hire systems engineers by 30%, with 10 up to 6-7 thousand. Microsoft is about to be fired 1% from his staff to 181 thousand people. 18% fired at Coinbase (NASDAQ: COIN)
And what does this mean for Russian business LetterOne fund filed a lawsuit in a US court against its counterparties from the private company Pamplona Capital.
<img class="aligncenter" src="https://daytradergt.com/wp-content/uploads/2022/06/73648d83d79697c5dc4f4cb50a6b6830.jpg" alt="Обзор индийского фондового рынка"
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Moscow Exchange gradually revives. Shares of Russian companies are traded, bonds of authorities and companies, funds for Russian assets - and even some funds with foreign assets inside. At the same time, new securities appeared on the stock exchange in April and May: corporate bonds and mutual funds.
1 June, FinEx announced, that there are no underlying assets left in its FXRB exchange-traded fund. The fund will cease to exist in the near future, at the same time, investors should not expect any payments. I'll tell, what happened to the fund and what is the situation of other FinEx ETFs.
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