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... Leer más
On Tuesday, oil prices started to rise steadily, climbing to $69 a barrel, the high of early... Leer más
According to the Federal Statistical Office of Germany, the country's GDP contracted in the first... Leer más
According to a press release from the Bureau of Economic Analysis of the US Department of Commerce,... Leer más
Ethereum, the world's second-largest cryptocurrency by market capitalization, reached a new peak on... Leer más
According to the research organization Conference Board, the index of consumer confidence in the... Leer más
On April 28, a meeting of all OPEC + ministers and a meeting of the Ministerial Monitoring... Leer más
The US stock market opened lower on Thursday despite a positive labor market report.According to... Leer más
Today the Bank of Canada has to make a decision on monetary policy, and it will not be easy. On the... Leer más
On Monday, the US stock market opened lower, consolidating in the absence of important economic... Leer más
The oil market continues to grow on Friday. Brent quotes reached $67.37 per barrel, WTI – $63,87. E... Leer más
According to a report by the International Energy Agency (IEA), Iran has decided to increase oil... Leer más
In a speech on Wednesday, Christine Lagarde, President of the European Central Bank (ECB), said... Leer más
The Moscow Exchange and members of the FinTech Association (AFT), which includes large Russian... Leer más
Today, the US Department of Labor released a report Non-farm Payrolls, according to which, the... Leer más
The manager of the Suez Canal, Osama Rabia, said that the financial losses from the blocking of the... Leer más
The head of the European Central Bank (ECB) Christine Lagarde said that the regulator could launch... Leer más
According to the analyst firm Conference Board, the consumer confidence index in the US in March... Leer más
Experts believe that blocking the movement of ships through the Suez Canal will inevitably lead to... Leer más
Economists believe that the lag of the EU countries from the approved vaccination calendar against... Leer más
One of the largest container ships in the world, owned by the Taiwanese company Evergreen Marine,... Leer más
Co-founder and former CEO of BTCC crypto exchange Bobby Lee said that today bitcoin is in a «bull ... Leer más
The Bundesbank said today that the German economy is likely to contract sharply in the first... Leer más
The pound sterling declines against the euro and the dollar on Tuesday amid news of the suspension... Leer más
Brent crude hit a high of $70 per barrel on Monday, boosted by data from China, which indicated a... Leer más
US President Joe Biden signed into law a $1.9 trillion stimulus package a day earlier than... Leer más
A meeting of the Board of Governors of the European Central Bank (ECB) took place today, following... Leer más
In the morning trading session on Tuesday, bitcoin rose to $54348.57, reaching a 24-hour high. At... Leer más
On Friday, Brent crude rose to $68.60 for the first time since January 2020. The prices were... Leer más
The construction of the Russian gas pipeline Nord Stream 2 was again postponed, this time for six... Leer más
On Wednesday, the price of gold declines against the background of investors leaving defensive... Leer más
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