Bank of America expects the Bank of Canada to leave its key interest rate unchanged at 2.75% at its July 30 meeting. As the bank's chief economist Carlos Capistran explains, the reason for this is persistent core inflation and unexpectedly strong labor market data for June.According to him, the Canadian economy added 83,100 jobs in June, mainly due to part–time employment and growth in the manufacturing sector. The unemployment rate dropped to 6.9% for the first time since January.Although overa... Прочетете още
The head of the Ark investment fund, Katie Wood, said that she is a big fan of the British company... Прочетете още
JPMorgan Chase & Co. will add Indian government bonds to its main emerging markets indices.... Прочетете още
Microsoft Corp. It is getting one step closer to approving a deal to acquire game developer... Прочетете още
Indonesia has joined a number of countries actively promoting the de-dollarization of their... Прочетете още
The US Federal Reserve System has decided to keep the key interest rate at 5.25-5.5% per annum,... Прочетете още
Oil prices continued to decline on Thursday morning, showing negative dynamics for the third... Прочетете още
By Wednesday, the price of oil had rolled back from the area of local highs amid uncertainty about... Прочетете още
In August, producer prices in Germany fell by 12.6% compared to last year, according to the Federal... Прочетете още
According to the Telegraph newspaper, the UK is considering becoming an «associate member» of the E... Прочетете още
According to the final data from Eurostat, in August 2023, consumer prices in the eurozone... Прочетете още
The meeting of the US Federal Reserve System starts on Wednesday, and it is assumed that the base... Прочетете още
Russia has decided to leave the Barents Council/Euro-Arctic region. This was announced by the... Прочетете още
The current week promises to be quite volatile, as several central banks are expected to meet at... Прочетете още
Alibaba Group Holding intends to invest $2 billion in Turkey, including in the construction of new... Прочетете още
Economists warn that the sluggish Chinese economy may negatively affect other countries, especially... Прочетете още
ECB President Christine Lagarde said that the base interest rate will be maintained at a relatively... Прочетете още
Oil prices continue to rise on Thursday amid the weakness of the US dollar. The current price... Прочетете още
The largest lithium deposit in the world has been discovered in the USA – inside an ancient s... Прочетете още
The European Central Bank has decided to increase the key interest rate by 0.25% to 4.5%.From... Прочетете още
On Wednesday morning, the dollar index is slightly declining, but the US currency is strengthening... Прочетете още
On Wednesday morning, the price of gold is slightly declining, as investors are waiting for the... Прочетете още
Prices for key oil brands continue to rise, reaching the highest levels since... Прочетете още
Europe managed to get away from Russian gas, although it was partially replaced by supplies from... Прочетете още
In August, the annual inflation rate in Egypt reached new record levels, amounting to 39.7%. The... Прочетете още
This morning, Tesla shares rose on Wall Street after investment bank Morgan Stanley raised their... Прочетете още
The head of the Central Bank of Japan, Kazuo Ueda, said that the regulator does not exclude the... Прочетете още
The European Commission has published its summer economic forecast, which emphasizes that the... Прочетете още
On Monday morning, oil prices remain stable in the area above $90 per barrel. The current... Прочетете още
The UN has agreed to Russia's conditions for resuming the grain deal, the German newspaper Bild... Прочетете още
The main stock indexes in Europe are falling on Friday amid investors' withdrawal from risk due to... Прочетете още
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