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
Market participants expect that the Bank of England will continue to raise the key interest rate... Read More
On Tuesday, the pound sterling is declining after the release of economic statistics indicating a... Read More
During Monday's trading, the price of oil reached the level of $89 per barrel, which was the... Read More
Monday, January 23This week, the macroeconomic calendar is not rich in any events, and on Monday it... Read More
According to the UK Bureau of National Statistics, retail sales in December 2022 decreased by 5.8%... Read More
According to the Ministry of Internal Affairs and Communications of Japan, consumer prices in the... Read More
Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon believes that US interest rates... Read More
Vietnamese electric car manufacturer VinFast said it is going to protect the competitiveness of its... Read More
According to the SWIFT international system, the share of the pound sterling in international... Read More
Analysts at Goldman Sachs Group Inc. have raised the forecast of China's economic growth for 2023... Read More
Francois Villeroy de Gallo, a member of the Board of Governors of the European Central Bank and the... Read More
The price of oil accelerated its growth after the publication of the report of the International... Read More
Swedish Prime Minister Ulf Kristersson said that reducing the EU's dependence on fossil fuels and... Read More
The cost of gas in Europe fell below the level of $600 per thousand cubic meters for the first time... Read More
According to the German Federal Statistical Office Destatis, consumer prices in the country,... Read More
Monday, January 16The beginning of a new trading week is again accompanied by a completely empty... Read More
On Monday, the price of oil is declining after a significant increase in the results of the past... Read More
Analysts believe that the opening of China's economy after the lifting of anti-Covid restrictions... Read More
According to the Federal Statistical Agency of Germany, the German economy grew by 1.9% in 2022.... Read More
According to trading data, copper prices show a steady rise on Friday, ending the week with a 7%... Read More
The president of the Federal Reserve Bank of Philadelphia, Patrick Harker, said that the US Federal... Read More
According to the data of the General Customs Administration of China, the trade turnover between... Read More
The price of the February gold futures soared by 1.28% today and reached $1905 per troy ounce.... Read More
The price of Brent increased to the level of $84.30 per barrel, continuing to follow the dynamics... Read More
Apple has announced that from 2024 it plans to start producing and using its own custom displays... Read More
The Egyptian currency has fallen to a historic low. The exchange rate of the US dollar against the... Read More
Michelle Bowman, a member of the Board of Governors of the US Federal Reserve System, said that the... Read More
The G7 countries plan to introduce two different price ceilings for Russian oil products from... Read More
According to analysts, stocks of emerging markets have risen by more than 20% since the October... Read More
Morgan Stanley investment bank experts expect that the US stock market may face a... Read More
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