Today, the Bank of Norway marked the transition to a softer monetary policy, hinting at the possible start of interest rate cuts as early as March. The Central Bank left the key rate at 4.5%, which coincided with experts' forecasts.Following the example of other leading financial institutions in developed countries, the Bank of Norway is preparing to lower interest rates. It is expected that at the next meeting a decision will be made to reduce by 25 bps.Despite the planned changes, the regulato... Read More
The European stocks dropped for three days in a row on Tuesday pulled by the decline in shares of... Read More
Australia's Interest Rate Remained on Hold Australia kept its interest rates steady on Tuesday,... Read More
UK Prime Minister Theresa May is recently being urged by a panel of Brexit-supporting lawmakers to... Read More
China aims to reduce its oversupply in the steel sector for next year according to the National... Read More
The Egyptian economy slowed down for the 17th time within the month of February showing a much... Read More
UK Chancellor Philip Hammond has announced that he will be utilizing Wednesday’s budget to offer m... Read More
An accommodating local currency market that is both open and competitive to curb the impact of... Read More
Indian President Pranab Mukherjee mentioned that the country’s economic growth plays between 0 to 1 ... Read More
The US job market looks like it’s in for more positive movements in the coming days after the c... Read More
For three succeeding session, the crude oil dropped as the supply accumulated affecting the overall... Read More
The country bounded in the Western Indonesia, Timor Leste or called East Timor in the past has... Read More
Inequality and poverty rates in the UK are expected to get worse within a five year-period as the... Read More
The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in... Read More
After 25 years the economy of Nigeria experienced an annual decline in its economic output as the... Read More
Investors are now shifting their focus from Donald Trump’s Congress address to the timing of the F... Read More
The Australian economy is assumed to have recovered after a surge in demand for exports and... Read More
The consumer confidence of UK for this month declined while the British currency weakened. The... Read More
The US Senate has already confirmed the appointment of billionaire Wilbur Ross as US Commerce... Read More
In the upcoming week, the passive investment funds are expected to rise to $2 billion from... Read More
The economy of Argentina beefed up by 1.6% during the month of December compared with last month... Read More
The Dow Jones Industrial Average Index (DJIA) has recently recorded another all-time high for the... Read More
The economy of India is projected to fell nearly three-year low for the last three months of the... Read More
The greenback declined versus other major currencies on Thursday because of the absence of... Read More
Contrary to the general market sentiment, the FOMC is not so keen on raising interest rates this... Read More
Business investments in Australia dropped for the fourth straight quarter as miners lessened while... Read More
A couple of years later the negative growth in the economy of Venezuela continues which brought... Read More
Financial authorities in China have allocated billion of dollars in tax downsizing and penury aid... Read More
The sovereign states, Britain and Singapore held yesterday the renewal of their bilateral ties... Read More
Donald Tsang, the ex-chief executive of Hong Kong, has just been charged with grave misconduct... Read More
Brazil lowered its inflation rate less than 5 percent halfway February for the first time since... Read More
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