No change of the indicator value may reduce the volatility of the related markets.
15 July
Other news
Categories
Economists worry about threats to global growth
It’s predicted that there would be continuously rising interest rates and increasing geopolitical tensions. Thus, these factors, combined with increasing uncertainty, are expected to cause difficult times in the global economy.
9 January 2023
China increases its gold reserves for second straight month
As shown by renewed data on the People’s Bank of China website, the nation’s gold holdings were extended by 30 tons in December. This increase followed an addition of 32 tons made in November.
9 January 2023
Replenishment of U.S. oil reserves was put on hold due to high prices
According to Bloomberg, the U.S. authorities rejected all offers to buy oil needed to replenish the country’s strategic reserves. The main reasons for the rejection were extremely high price or failure to meet the requirements.
9 January 2023
Bank of England: price caps for energy products may provoke the growth of inflation
According to a representative of the British central bank Catherine Mann, the implementation of ceiling price for energy products as a counter-move to a price spike may provoke the growth of inflation in other fields.
9 January 2023
New York Harbour-bound pipeline is restarted after leak
A segment of a crucially important pipeline was returned to work by Colonial Pipeline Co. in the U.S. It took the company a day more than expected to fix the mentioned part of the pipeline that provides the US Northeast with fuel.
9 January 2023
Gold and silver prices rise as investors await reduction in size of interest rate hikes by Fed
Precious metals prices rose as the dollar weakened and U.S. bond yields dropped. Investors assessed the prospects for less aggressive interest rate hikes by the Fed after optimistic non-farm payrolls data had been released.
9 January 2023
Global central banks are not over from inflation yet
Central banks continue their fight with inflation, as most countries haven’t reached peak interest rates yet. However, in 2023 at least, monetary tightening is expected to pause — and probably the current policy may even completely reverse.
9 January 2023
Oil rises in price due to forecast of demand growth in China
According to the reports, the price of WTI crude oil futures rose after falling 8% last week and currently are $75 per barrel.
9 January 2023
FOMC minutes herald further rate increases by Fed
Analysts at Brown Brothers Harriman & Co. (BBH) continue holding a bullish view on the prospects for the U.S. dollar.
9 January 2023
Gas prices in Europe and the U.S. declined to the lows of last winter
There has been a significant fall in gas prices in Europe and the United States, which have reached the level of last winter. Gas prices in Europe have almost halved since mid-December. A similar fall in prices has been observed in the U.S.
9 January 2023
