No big European companies have started to pay for Russian gas in roubles – Reuters

Two sources familiar with the matter told Reuters on Thursday that no big European companies have so far started to pay for Russian gas in roubles. "Several traders, maybe more than five, have started payments," one of the sources added.

Meanwhile, a senior European Union official noted that opening an account in roubles at GazpromNank could be a breach of sanctions "at first sight."

Market reaction

These comments don't seem to be having a noticeable impact on market sentiment. As of writing, the Euro Stoxx 600 Index was up 0.9% on a daily basis. 

USD/CAD holds steady near multi-week top, above 1.2800 ahead of US Q1 GDP

The USD/CAD pair seesawed between tepid gains/minor losses through the first half of the European session and was last seen trading with a mild positi
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Brazil Inflation Index/IGP-M registered at 1.41%, below expectations (1.7%) in April

Brazil Inflation Index/IGP-M registered at 1.41%, below expectations (1.7%) in April
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