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Annual inflation in Canada rose to 1.9% in June from 1.7% in May, the Statistical Office of the country reported. The reasons for the increase are a slowdown in the fall in gasoline prices and an increase in the cost of durable goods.Gasoline prices decreased by 13.4% year-on-year from 15.5% in May, which eased deflationary pressure in the energy sector. Excluding energy, inflation was 2.7%, reflecting a steady rise in prices.Transport continues to rise in price: prices for new cars increased by... Read More
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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