The main events by the morning: November 15

• The euro may decrease to the value of the dollar. Now the euro is at an annual low and costs $ 1.05, that is, there is very little left before the parity of the two currencies. However, a lot depends on the import tariffs that Trump will set. Tax cuts and an increase in the budget deficit will spur inflation – as a result, the Fed rate will be higher, which is also a factor for the growth of the dollar. 

• The Bank of China has tightened the blocking of transfers in yuan for transactions related to Russia. The Bank restricts transactions that may be related to the supply of goods to the Russian Federation. For example, a company from the UAE faced a problem when trying to transfer yuan through a Kazakh BCC to a Chinese Chouzhou Commercial Bank, even in the absence of official ties with Russia.

• Mining of cryptocurrencies in Russia may be partially limited until 2031. We are talking about the introduction of temporary bans on the mining of cryptocurrencies in the Irkutsk region, Buryatia and Transbaikalia during the winter peak loads. In a number of other regions, bans may be permanent for the next seven years. According to experts, such measures risk pushing miners to return to the «gray zone».

• The Pentagon is preparing to accelerate the allocation of aid to Ukraine before the end of Biden's term. The US Department of Defense intends to allocate $7.1 billion in time before Donald Trump takes office, who plans to reduce support for Kiev. However, given the long delivery times, some of this assistance may arrive after the change of administration.

• France and Hungary have become the main buyers of Russian gas among the EU countries. According to Eurostat calculations, the key buyers of Russian gas in the European Union in the period from January to August 2024 were France (€1.9 billion), Hungary (€1.6 billion) and Spain (€1.4 billion). In total, during this period, Russia supplied €9 billion worth of gas to the EU.