News

British Chancellor of the Exchequer Reeves concluded his budget speech.

The CEO of Sberbank said that the current fair exchange rate of the ruble to the dollar is approximately between 98-105.

Swedish Foreign Minister: We hope that the EU will immediately launch the 20th round of sanctions to increase pressure on Russia.

UK Chancellor of the Exchequer Reeves: From April, the average household energy bill will be reduced by £150.

British Chancellor of the Exchequer Reeves: Keeping his promise to reduce energy bills.

The UK's FTSE 100 index is now up 0.55%, and the FTSE 250 mid-cap index is up 0.68%.

Zelensky said he had a conversation with European Commission President von der Leyen.

British Finance Minister Reeves: Will extend the freeze period on fuel tax increases until September 2026.

British bank stocks generally rose, with Barclays, Lloyds, NatWest, and Standard Chartered all rising between 2.6% and 3.8%.

U.S. Treasury yields rose after U.S. economic data.

The number of people filing for unemployment benefits in the United States in the week ending November 22nd was 216,000, the lowest since the week ending April 12th, 2025.

The monthly rate of U.S. durable goods orders excluding defense was 0.1% in September, compared with the previous value of 1.9%.

The monthly rate of durable goods orders excluding transportation in the United States in September was 0.6%, which was expected to be 0.2%. The previous value was revised from 0.30% to 0.5%.

The monthly rate of U.S. non-defense capital durable goods orders excluding aircraft was 0.9% in September, which was expected to be 0.2%. The previous value was revised to 0.9% from 0.40%.

The number of people filing for unemployment benefits in the United States in the week ending November 22nd was 216,000, compared with expectations of 225,000. The previous value was revised from 220,000 to 222,000.

The four-week average of initial jobless claims in the United States for the week ending November 22 was 223,750, and the previous value was revised from 224,250 to 224,750.

The number of people continuing to apply for unemployment benefits in the United States in the week to November 15 was 1.96 million, compared with the expectation of 1.969 million. The previous value was revised from 1.974 million to 1.953 million.

The monthly rate of U.S. durable goods orders in September was 0.5%, which was expected to be 0.3%. The previous value was revised from 2.90% to 3%.

Britain's FTSE 350 bank shares extended their gains, rising 2% and on track for their biggest one-day gain in a month.

British Chancellor of the Exchequer Reeves: VAT, income tax and national insurance premiums will not be increased.