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28 January
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Oil drops as supply concerns ease
Oil prices are hovering near two-month lows amid easing concerns about fuel supplies.
21 November 2022
Gold trades near $1,750 an ounce amid continued hawkish sentiment by the Fed
Gold prices held near key support levels amid markets' desire to determine the future course of U.S. monetary policy for the coming months.
21 November 2022
US labor market hit little by pandemic, researchers say
The important documents were presented at the Boston Fed research conference. They say that despite the COVID-19 pandemic, the job market, in general, remains favorable.
21 November 2022
There is no need to doubt the U.S. dollar, according to Jamie McGeever at Reuters
According to Jamie McGeever, financial journalist at Reuters, news on the U.S. dollar’s decline might be strongly exaggerated. Many investors bet that the Fed creates the necessary conditions for the much-anticipated “pivot” of the American currency.
21 November 2022
Markets reacted positively to the new UK budget
Currency and bond markets' reaction to Hunt's statement looked like a complete calm.
18 November 2022
New Zealand's RBNZ may raise OCR for the first time by 0.75%
A survey data from Reuters showed that the Bank of New Zealand (RBNZ) raised rates by 75 basis points for the first time on Wednesday. The move was taken to reduce the high level of inflation.
18 November 2022
Germany’s labor union gets a 8.5% increase in wages as a means of fighting inflation
The largest labor union in Germany managed to reach an agreement with employers on two rounds of wage increases in industrial enterprises. These measures were established to offset the threat of workers’ strikes.
18 November 2022
Saudi Arabia reduces oil exports
As Saudi Arabia is fulfilling obligations under an OPEC+ agreement to support global markets of crude oil, the kingdom sharply cut exports in November.
18 November 2022
Consumer confidence in the U.K. increased
After Liz Truss' disastrous short term to be Prime Minister, Rishi Sunak is trying to stabilize the economy.
18 November 2022
China should set a GDP growth target for 2023 of at least 5%
On Friday, People's Bank of China (PBOC) policy consultant Liu Shijin stated that China's economic growth target for 2023 should be at least 5%.
18 November 2022
