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
Last week, oil prices showed the largest weekly increase since mid-2020. Yesterday, Brent futures... Прочетете още
According to the Food and Agriculture Organization of the United Nations, world food prices in... Прочетете още
According to the US Department of Labor, the number of jobs in the non-agricultural sector of the... Прочетете още
The oil market continues to grow, updating all new highs. Today, Brent oil quotes have reached the... Прочетете още
According to the operators of gas transmission systems (GTS), the transit of Russian gas through... Прочетете още
According to analysts, large oil buyers are boycotting Russian Urals oil because of the situation... Прочетете още
On Wednesday morning, world oil prices continued to rise. At the same time, the cost of both... Прочетете още
The Spanish football club Barcelona intends to issue its own cryptocurrency in order to attract... Прочетете още
Nord Stream 2 AG, the operator of the Nord Stream-2 project, is considering the possibility of... Прочетете още
The price of oil continues to rise on Tuesday amid the continuation of military operations on the... Прочетете още
The Ministry of Foreign Affairs of China has announced its intention to continue mutually... Прочетете още
On Saturday, many Western countries decided to block the SWIFT international payment network for... Прочетете още
The cost of various commodities is rising at the beginning of the week, as new Western sanctions... Прочетете още
Since the beginning of 2022, the main «headache» of investors has been the return of volatility to t... Прочетете още
Iraqi Oil Minister Ihsan Ismail said that the country is discussing the supply of 1.5 million tons... Прочетете още
On Thursday morning, the price of benchmark oil is steadily rising amid the escalation of the... Прочетете още
German Chancellor Olaf Scholz announced the suspension of the Nord Stream-2 certification after... Прочетете още
The value of the most popular cryptocurrency collapsed again on Monday, reaching $37,400. Bitcoin... Прочетете още
The index of business activity in industry and services of 19 eurozone countries rose to 55.8... Прочетете още
Monday, February 21The week will begin with preliminary estimates of business activity indices in a... Прочетете още
According to trading data, American stock indices are mainly growing on Friday after strong... Прочетете още
The president of the Federal Reserve Bank of St. Louis, James Bullard, said that the high level of... Прочетете още
Binance, one of the world's largest exchanges for trading cryptocurrency assets, has joined the... Прочетете още
According to trading data, US stock indices are falling on Thursday after the release of statistics... Прочетете още
On Thursday, the price of oil accelerated its decline amid expectations that the United States and... Прочетете още
According to a survey conducted by Bank of America among fund managers, professional investors... Прочетете още
The price of gold fell for the first time in eight trading sessions amid the weakening of... Прочетете още
UK consumer prices rose at their fastest annual pace in nearly 30 years in January, putting more... Прочетете още
In the fourth quarter of 2021, Japan's economy grew by 5.4% compared to the same period in 2020.... Прочетете още
Gold prices jumped on Monday amid increased demand for protective assets due to high geopolitical... Прочетете още
