Topic
All finance stories from St Petersburg.
A rare simultaneous bid for bullion and equities signals deep investor uncertainty, and St Petersburg portfolios are caught squarely in the crossfire.
As global equities rally and gold breaks records, St Petersburg-based Neva Capital Partners is showing local savers how to build a diversified pension portfolio for an era of compressed real returns.
A bruising mix of falling oil prices, a stronger euro and stubborn budget pressures is testing the patience of St Petersburg savers and market participants alike.
A fractured July 4 trading session has sent loud signals about inflation fears, energy costs and currency exposure that every St Petersburg resident with savings or a mortgage should understand.
A dramatic divergence between precious metals and crude oil is reshaping the resources outlook for Q3, and investors in St Petersburg's listed sector cannot afford to ignore it.
A 4.1% jump in gold to $4,187 an ounce headlined a broadly positive session for global markets on July 4, though falling oil prices and a weaker dollar create a mixed picture for St Petersburg investors.
As the S&P 500 climbs to 7,483 and gold hits $4,187 an ounce, the quiet message from sovereign debt markets suggests investors are hedging against something the headline numbers are not showing.
With gold at $4,187 an ounce and the S&P 500 clearing 7,483, the city's trading desks, wealth managers and fintech firms are in an accelerating race for skilled workers they can no longer easily afford to ignore.
A simultaneous surge in gold, crypto and global equities on July 4 is handing local investors in dollar-exposed assets and commodities a window that strategists say comes along perhaps twice a decade.
The Daily Network — local news across Australia