The ECB should be ready to reduce the cost of borrowing to just below 2% per annum in order to offset the risks caused by global trade conflicts, said Pierre Wunsch, head of the Central Bank of Belgium. According to him, the current economic uncertainty and the resulting shocks require additional support. As one of the steps, Wunsch mentioned a reduction in the deposit rate, which has already been reduced by the ECB from 4% to 2.25% since June last year.Wunsch's statements indicate a revision of... Více
Biden is in favor of ending the conflict in Gaza. The Axios portal, citing anonymous American... Více
The US stock market has been stable in recent weeks, despite reports of a steady increase in... Více
On Tuesday evening, oil prices accelerated their decline as investors evaluate production forecasts... Více
According to media reports, Sinopec, the Chinese energy company, plans to start purchasing 1.5... Více
The EU is considering trade sanctions against Israel due to the policy of aggressive war in the... Více
Oil prices rose slightly on Monday after the strongest weekly drop in seven months. Brent quotes... Více
According to the ECB's chief economist Philip Lane, the latest statistics on the eurozone economy... Více
Instant coffee prices may rise due to a sharp jump in prices for robusta coffee futures. Its value... Více
In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest... Více
On Friday morning, oil quotes are growing slightly, but the asset ends the whole week with a... Více
Turkey has suspended all trade with Israel, heightening already high tensions between the two... Více
Turkey has stopped all trade with Israel in protest. The restrictive measures will last until... Více
This week, the price of Brent crude oil has significantly decreased, falling by more than 4%. The... Více
The US Federal Reserve has decided to leave interest rates unchanged – this is the sixth c... Více
Uranium prices have risen above $90 per pound, exceeding their highest in more than seven weeks.The... Více
The Fed has decided to keep the key rate at 5.5%. According to Powell, inflation exceeds... Více
The exchange rate of the Japanese yen against the US dollar continues to strengthen, reaching 155... Více
The President of Nigeria, Bola Tinubu, has signed an agreement with the Danish giant Maersk to... Více
Elon Musk unexpectedly arrived in Beijing after the visit of the head of the State Department... Více
On Friday evening, oil prices rose, breaking a two-week downward trend. Oil is growing, even... Více
The market value of Google's holding company, Alphabet Inc., exceeded the $2 trillion mark for the... Více
A new attack on Russian refineries: drones attacked a plant in the Krasnodar Territory of the... Více
Donald Trump advisers are looking for ways to counteract the process of dedollarization in the... Více
The Bank of Japan kept its key interest rate unchanged after the end of a two-day meeting on Friday... Více
406 companies are officially registered in the so-called «Russian offshore», and this number is g... Více
French President Emmanuel Macron has begun talks with other European Union leaders on the search... Více
Bank of America experts predict a 35% rise in Tesla shares after the first quarter report.... Více
The Houthis are attacking again: the American destroyer Maersk Yorktown and two commercial vessels... Více
On Tuesday, oil prices showed steady growth, increasing by 1.3% and reaching the level of $88.50... Více
Kirill Babayev, President of the National Coordinating Center for International Business... Více
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