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
U.S. Treasury bonds have long been considered a reliable asset, especially during times of crisis.... Leer más
For the first time since the beginning of the year, OPEC revised its forecasts for oil demand... Leer más
Analysts believe that the ECB will cut interest rates again this week, given the increased economic... Leer más
The EU Council has approved the European Commission's Stop-the-clock initiative aimed at... Leer más
Trump announced the introduction of tariffs on imports of semiconductor chips, noting that... Leer más
The new German government, despite a massive economic stimulus plan, is unlikely to achieve... Leer más
During trading on Friday, the price of gold reached a new all-time high, exceeding the mark of... Leer más
China has announced an increase in duties on American goods to 125% in response to Washington's... Leer más
The UK economy grew by 0.5% in February, recovering from a 0.1% decline in January. The growth... Leer más
Inflation in the United States slowed more than expected: in March, the consumer price index fell... Leer más
The dollar showed an accelerated decline against the euro and the yen, losing about 2% on Thursday... Leer más
The escalation of the trade war between China and the United States has jeopardized further... Leer más
The EU has decided to postpone the introduction of retaliatory duties against the United States for... Leer más
The cryptocurrency market has grown sharply after the decision of US President Donald Trump to... Leer más
Russia is studying the conditions for the return of foreign companies. According to information... Leer más
The eurozone economy is at risk of recession amid increasing trade tensions and weakening growth... Leer más
On Wednesday, oil prices continued to decline rapidly, which is facilitated by the growing trade... Leer más
Donald Trump said that Taiwan Semiconductor Manufacturing Company (TSMC), which had previously... Leer más
US President Donald Trump has imposed a new package of duties on imports of goods from dozens of... Leer más
The trade war between the United States and China is escalating – Trump has imposed duties of 104% a... Leer más
Ripple has announced the acquisition of multi-asset prime broker Hidden Road for $1.25 billion.... Leer más
The European Commission has responded to Donald Trump's calls for the European Union to actively... Leer más
The European Court of Auditors has made a proposal to review the financing mechanism for... Leer más
Stagflation looks like the most favorable option for the US economy, as the tariffs imposed by... Leer más
The BRICS and SCO markets may merge in the future. The SCO secretariat informs that such a decision... Leer más
The technology sector continued to fall for the third session in a row, reflecting last week when... Leer más
European stock markets started the week with a sharp drop, and the most significant decline was... Leer más
On Monday, the price of gold dropped to its lowest level in the last three weeks in Asian trading.... Leer más
On Monday, the price of bitcoin showed a significant decline and for the first time since November... Leer más
Some countries are trying to find ways to quickly eliminate US duties. Over the weekend, Vietnam... Leer más
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