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
According to the forecast of Bank of America, the Japanese yen may strengthen to a level above 155... Leer más
China is experiencing a shortage of its own steel production. This led to a 65% increase in iron... Leer más
On Tuesday evening, oil prices began to rise again as investors assessed the situation in the... Leer más
Microsoft Corp. and Coca-Cola Co. announced a five-year strategic partnership aimed at exploring... Leer más
The decline in the US stock market over the past 3 weeks has become the starting point for a... Leer más
Russia has earned a record $125 million from grain supplies to China. According to the statistics... Leer más
On Monday, gold prices fell by more than 2% amid a decrease in geopolitical risks. Quotations of... Leer más
Germany believes that the US bills approved over the weekend on financing Ukraine may be the last.... Leer más
At night, Israel launched a retaliatory attack on Iran. The attack was limited and carried out with... Leer más
Crude oil prices fell on Thursday to $86.27 per barrel, continuing the dynamics of yesterday.... Leer más
The imposition of sanctions has led to the fact that the London and Chicago Metal Exchanges can no... Leer más
The Dubai government granted Binance Holdings a full VASP license after the ex-CEO of the exchange,... Leer más
The yuan is gradually increasing its influence in world trade. In March, its share in global... Leer más
At a meeting of the Federal Reserve System on Tuesday, Jerome Powell noted that, given the strong... Leer más
According to a report by the National Statistical Office of the United Kingdom, consumer prices... Leer más
Secondary US sanctions have become the strongest lever of pressure on Chinese companies cooperating... Leer más
The Swiss People's Party opposed the country's joining the REPO group, which is engaged in the... Leer más
Cryptocurrency traders are now particularly concerned about the dynamics of bitcoin before the... Leer más
Gold prices hit new records on Tuesday amid heightened geopolitical tensions in the Middle East and... Leer más
Olaf Scholz arrived in China in order to convince Xi Jinping to reduce support for Russia. During... Leer más
Global economic growth in 2024 may slightly exceed last year's level due to the increasing pace of... Leer más
After the introduction of new sanctions by the United States and Great Britain against the supply... Leer más
The Council of the Eurasian Economic Commission has approved the results of the work of the joint... Leer más
The United States has banned imports of aluminum, copper and nickel from Russia to the London Metal... Leer más
After several failures in the field of artificial intelligence, Alphabet's strategy is again... Leer más
Foreign investors bought 1.18 trillion yen ($7.7 billion) worth of Japanese shares last week. This... Leer más
Gold prices reached a new record in Friday trading, breaking the $2,400 per ounce level for the... Leer más
The International Energy Agency (IEA) has lowered its forecast for global oil demand growth to 1.2... Leer más
Russia's external debt per capita has reached a minimum over the past 18 years. As of April 1, the... Leer más
The higher-than-expected US consumer inflation report for March caused expectations of a Fed rate... Leer más
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