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... Read More
Bitcoin has risen sharply since the previous week against the background of the fact that the... Read More
On Monday, gold prices fell slightly in Asian trading to the level of $2.091.95, but they still... Read More
For the first time, Russia has applied the minimum price level mechanism in the oil and gas... Read More
JPMorgan has suggested a possible drop in bitcoin to $42,000 after the halving scheduled for April,... Read More
Inflation in France has reached its lowest level since September 2021, at 3.1%, prompting... Read More
Inflation in France has reached its lowest level since September 2021, at 3.1%, prompting... Read More
On Thursday, oil prices declined, but closed February on a confident note of growth.The current... Read More
On Wednesday, the US stock market showed a decline as investors continue to analyze corporate... Read More
Bitcoin continues its upward trend on Wednesday, reaching new highs since November 2021.According... Read More
Gold prices continued to decline on Wednesday, remaining in a narrow range near $2,035 per ounce.... Read More
Oil prices started a moderate decline during afternoon trading on Tuesday after the previous strong... Read More
On Tuesday, most Asian currencies strengthened slightly, receiving some support from the weakness... Read More
Over the past day, the cryptocurrency has increased in price by more than 10%, reaching $57,039,... Read More
In light of recent statements by the leadership of the Federal Reserve and the minutes of the... Read More
According to Ulrich Bindsail, Director General of the Department of Market Infrastructure and... Read More
In January, Turkey reached a historical record in exports, the volume of which amounted to 20... Read More
In January of this year, the US economy showed positive trends in employment, according to the... Read More
On Thursday, gold prices jumped to the level of $ 2,080 per barrel for the first time since the... Read More
The Bank of England has decided to maintain the base interest rate at 5.25% per annum, as indicated... Read More
The US Federal Reserve System (FRS) has decided to maintain the interest rate on federal loan funds... Read More
According to Eurostat data, in January, consumer prices in the eurozone increased by 2.8%... Read More
In January, consumer prices in Germany, according to European Union standards, increased by 3.1%... Read More
Oil prices are moderately declining on the last day of January, showing a minimum of fluctuations... Read More
The central bank of Turkey has taken new measures to deter bank depositors from converting their... Read More
According to preliminary data from Eurostat for the fourth quarter of 2023, the economies of the... Read More
The Ministry of Finance of India predicts that the volume of Indian GDP will reach $5 trillion by... Read More
Earlier this week, a Hong Kong court decided to liquidate China's largest real estate developer,... Read More
On Monday morning, benchmark oil prices rose significantly amid news of the death of the US... Read More
The Hong Kong court has decided to liquidate the Chinese developer China Evergrande Group. This... Read More
Oil prices are showing a steady rise at the end of the trading week – the highest growth rate since ... Read More
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