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
According to official statistics, the unemployment rate in Turkey fell to 9.5% in May, which is the... Více
Monday, July 10As is most often the case, the beginning of the trading week is accompanied by a... Více
The price of gold is rising on Friday after the US labor market data published today turned out to... Více
Job growth in the US slowed after a sharp surge in the previous month, exceeding expectations, but... Více
American entrepreneur and owner of the social network Twitter Elon Musk reacted to the launch of... Více
Oil quotes continue moderate growth on Friday and end the week on a positive note. The current... Více
The global oil market may face a shortage of supply if it is not enough to invest in this industry,... Více
US stock indexes ended Wednesday's trading session in the red due to weak statistical data from... Více
According to the Statistical Institute of Turkey (Turkstat), inflation in the country in June... Více
From August 1, the Chinese authorities will impose restrictions on the export of rare earth... Více
Iran has become the ninth full member of the Shanghai Cooperation Organization (SCO), as indicated... Více
The Reserve Bank of Australia (RBA) on Tuesday decided to leave the key interest rate at 4.1% per... Více
On Tuesday, the oil market is on the rise again: the price of Brent jumped to $75.95 per barrel,... Více
According to the Institute for Supply Management (ISM), the index of business activity in the US... Více
The main stock indexes in Europe on Monday show mostly positive dynamics – the market is growing a... Více
Saudi Arabia intends to continue the voluntary reduction of oil production, adopted for July in the... Více
Monday, July 3 The first trading day of July will be full of publications of data on business... Více
Apple's market capitalization exceeded the $3 trillion mark on Friday, which was the second time in... Více
Annual inflation in the eurozone countries slowed in June to 5.5% from 6.1% in the previous month,... Více
The situation on the oil market has stabilized by the end of the week, but it remains difficult.... Více
Mario Centeno, a member of the Governing Council of the European Central Bank, announced the... Více
According to media reports, the European Union has developed a legal framework for the issuance of... Více
According to preliminary data from the German Federal Statistical Office, consumer prices in the... Více
The Central Bank of Sweden (Riksbank) raised its key interest rate by 25 basis points to 3.75% per... Více
According to the Italian statistical agency Istat, inflation in Italy, calculated in accordance... Více
According to trading data, European stock indexes are showing growth on Wednesday. There is a... Více
Oil prices are rising slightly on Wednesday after the release of data from the American Petroleum... Více
On Tuesday, the main US stock indexes are showing growth after the publication of a number of... Více
Oil prices began to decline on Tuesday due to concerns about global demand.August futures for Brent... Více
Analysts believe the Bank of England will raise the base interest rate to 6.25% per annum at the... Více
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