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... مزید پڑھیں
On Friday, the US dollar showed a strengthening against its major rival currencies, reaching its... مزید پڑھیں
In the second quarter of 2023, Germany's GDP remained unchanged compared to the previous three... مزید پڑھیں
The creation of their own payment mechanisms will allow the BRICS countries to reduce their... مزید پڑھیں
The Turkish lira began to rise against the dollar on Thursday after the announcement of the results... مزید پڑھیں
At the Johannesburg summit, the Presidents of Russia, Brazil, India, China and South Africa reached... مزید پڑھیں
On Thursday, Brent oil quotes are trading in a narrow corridor of $82.50-83.50 per barrel after... مزید پڑھیں
Last week, the Kazakhstani tenge weakened significantly against the dollar, becoming one of the... مزید پڑھیں
The company-developer of Arm chips, owned by Softbank, announced its intention to hold a... مزید پڑھیں
Analysts note that despite the fact that the probability of a global debt crisis is currently low,... مزید پڑھیں
Representatives of the US Federal Reserve System are preparing for a meeting in Jackson Hole, which... مزید پڑھیں
In July, producer prices in Germany fell by 6% year-on-year, which was the largest decline since... مزید پڑھیں
In June, China set new record levels for natural gas imports. Deliveries through gas pipelines have... مزید پڑھیں
Monday, August 21 The beginning of a new trading week, as it usually happens, is accompanied... مزید پڑھیں
Over the past week, the cryptocurrency market has been going through critical moments. Bitcoin and... مزید پڑھیں
According to the Statistical Office of the European Union, in July consumer prices in the eurozone... مزید پڑھیں
On Friday morning, oil prices are relatively stable at $84 per barrel. At the same time, the asset... مزید پڑھیں
Inflation in the UK in July decreased by 0.4%, reducing the annual rate to 6.8%, which was the... مزید پڑھیں
The currency markets of Australia and New Zealand were under pressure, which led to a decline in... مزید پڑھیں
On Thursday, oil quotes showed a significant drop after the release of data on oil production in... مزید پڑھیں
Chinese manufacturers are strengthening their positions in the EU market, outpacing German... مزید پڑھیں
According to the statistical office of the European Union, the eurozone countries showed economic... مزید پڑھیں
Analyzing the situation around the closure of the grain deal, experts came to the conclusion that... مزید پڑھیں
British Vice-Minister of Finance John Glen suggested that the British authorities could achieve... مزید پڑھیں
US stock exchanges closed in the red on Tuesday, with the S&P 500 index falling to its monthly... مزید پڑھیں
Oil prices declined significantly on Tuesday evening, mainly due to investor concerns about the... مزید پڑھیں
Analysts from Bank of America argue that at the initial stage of market growth, investors should... مزید پڑھیں
China's central bank on Tuesday unexpectedly cut a number of interest rates for the second time in... مزید پڑھیں
The National Debt Management Center (NDMC) of Saudi Arabia has completed the largest early... مزید پڑھیں
Oil prices are declining on Monday due to the growing investors’ concern about a potential new c... مزید پڑھیں
Analysts from Goldman Sachs Group Inc. predict that the US Federal Reserve System will begin... مزید پڑھیں
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