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
Federal Reserve Chairman Jerome Powell suggested that the emergence of a new strain of Covid-19... Прочетете още
During trading on Tuesday, Brent oil quotes declined to $70.23 per barrel. The $71 level was broken... Прочетете още
According to the Ministry of Internal Affairs and Communications of Japan, unemployment fell to... Прочетете още
Yesterday, the US stock market closed with the growth of the main indices, which fell sharply at... Прочетете още
News about the appearance of a new strain of coronavirus «omicron» sharply increased the demand for ... Прочетете още
Serbian President Aleksandar Vucic said that the republic will be able to save about €1 billion due ... Прочетете още
Over the past few weeks, the Turkish lira has become the weakest currency in the world. If at the... Прочетете още
Monday, November 29The beginning of a new trading week will be quite rich in news publications. It... Прочетете още
On Friday, European stock indexes are falling as news of the newly identified new Covid-19 strain... Прочетете още
Most emerging market currencies strengthened on Thursday, and stocks broke their six-day decline.... Прочетете още
According to the final estimate of the German Federal Statistical Office, the GDP of Europe's... Прочетете още
Magdalena Anderson became the first female Prime Minister in the history of Sweden. However, the... Прочетете още
Oil prices moved to an increase after yesterday's statement by the United States on reaching an... Прочетете още
Japanese Prime Minister Fumio Kishida officially announced the decision to print part of the... Прочетете още
On Wednesday morning, the price of gold started to rise after yesterday's decline to the level of... Прочетете още
Former US President Donald Trump criticized the policy pursued by the current head of the White... Прочетете още
US President Joe Biden announced the decision to release 50 million barrels of oil from the... Прочетете още
Gold prices accelerated the pace of decline after the news from the US Federal Reserve System. The... Прочетете още
The Ministry of Business, Energy and Industry of the UK announced plans to invest 9.4 million... Прочетете още
While the main cryptocurrency, bitcoin, is declining from the $58,000 level, some altcoins have... Прочетете още
Monday, November 22 This week, Monday will be more eventful than usual. Instead of an... Прочетете още
Specialists of the private investment company Wedbush shared their forecasts regarding the further... Прочетете още
On the European stock market, sales accelerated amid the resumption of restrictions related to... Прочетете още
Representatives of the Bundestag said that the Green Party, opposing the Nord Stream 2 project, is... Прочетете още
Yesterday ended with a decline in oil prices under the psychological level of $80 per barrel. What... Прочетете още
According to the European statistical agency Eurostat, inflation in the eurozone has reached a... Прочетете още
On Tuesday, the Federal Network Agency of Germany (BNA) announced the suspension of the... Прочетете още
For several days now, the oil market has been showing increased volatility, and the quotes of Brent... Прочетете още
On Tuesday, the exchange rate of the Turkish lira paired with the US dollar again updated the... Прочетете още
On Monday evening, oil quotes accelerated their decline amid investor concerns about the growth of... Прочетете още