US Treasury Secretary Scott Bessant said that the Federal Reserve System should reduce the key interest rate by at least 150-175 basis points from the current level. He suggested starting the cycle in September with a step of 50 bp.According to him, if the regulator had had the revised labor market data published on August 1, it would probably have started cutting rates in June or July. These data showed that employment growth in May and June was reduced by 258,000 jobs.Currently, the Fed's rate... Прочетете още
Tuesday brought a sharp decline to the Indian stock market, reducing the total value of shares by... Прочетете още
The Texas Stock Exchange (TXSE) has received $120 million in investments from individuals and major... Прочетете още
Today, oil prices in the energy markets continued their decline, following the dynamics of the last... Прочетете още
SPIEF, one of the largest economic forums in the world, starts today. The main theme of this year... Прочетете още
Oil prices continued to decline on Tuesday morning – Brent quotes fell to $76.77 per barrel, WTI p... Прочетете още
The Ministry of Finance in the Russian Federation intends to officially recognize mining. The... Прочетете още
The Mexican peso reached its lowest level since November 2023 after the presidential election – 1... Прочетете още
Benchmark oil prices dropped sharply on Monday evening. Brent crude oil fell to $78.44 per barrel,... Прочетете още
OPEC+ will extend the current quotas for the whole of 2025. Currently, an agreement is in place to... Прочетете още
According to preliminary data from Eurostat, in May 2024, consumer prices in the eurozone increased... Прочетете още
China has refused to participate in the peace conference on Ukraine, which will be held in... Прочетете още
The US stock market fell on Thursday after disappointing data on quarterly US GDP growth increased... Прочетете още
The EU Council plans to decide on May 30 to increase customs duties on imports of Russian and... Прочетете още
Unemployment in the eurozone fell to 6.4% in April 2024, compared with 6.5% in the previous month,... Прочетете още
Russia and China can withdraw their financial operations from the influence of the West. The... Прочетете още
The Indian rupee has gained the status of one of the most stable currencies in Asia this year,... Прочетете още
According to preliminary data from the German Federal Statistical Office (Destatis), consumer... Прочетете още
The Indian company Reliance has signed a contract with Rosneft for oil supplies for a period of 1... Прочетете още
On Tuesday, US government bond yields declined moderately in anticipation of new data on US... Прочетете още
Oil prices started to rise on Tuesday after falling last week. The current Brent quote is $83.00... Прочетете още
Cryptocurrencies in Russia: business has proposed changes to the mining bill. Companies engaged in... Прочетете още
Amid the slowdown in economic growth in the United States, investor sentiment towards the dollar... Прочетете още
Analysts note the gradually growing contrast between India and Indonesia on the one hand and China... Прочетете още
Philip Lane, chief economist at the European Central Bank (ECB), said the regulator was ready to... Прочетете още
Georgia is going to return Abkhazia and South Ossetia to its composition and become a member of the... Прочетете още
The European Union, following the United States, plans to increase duties on Chinese cars.Last... Прочетете още
Japan is expanding sanctions against Russia, accusing the country of receiving weapons from the... Прочетете още
On Thursday afternoon, oil prices began to rise, recovering from three consecutive sessions of... Прочетете още
In a desire to speed up the de-dollarization process, in the first quarter of the year, China sold... Прочетете още
According to the minutes of the last meeting of the Federal Open Market Committee (FOMC), a number... Прочетете още
