Today, the Bank of Norway marked the transition to a softer monetary policy, hinting at the possible start of interest rate cuts as early as March. The Central Bank left the key rate at 4.5%, which coincided with experts' forecasts.Following the example of other leading financial institutions in developed countries, the Bank of Norway is preparing to lower interest rates. It is expected that at the next meeting a decision will be made to reduce by 25 bps.Despite the planned changes, the regulato... Read More
The U.S housing market dropped in November, however, its level is still in a stable condition which... Read More
The depreciation of yen is beneficial for companies as it attracts more investments giving higher... Read More
The unemployment rate in UK had marginally declined to 1.62 million from August until October, as... Read More
The USD surged to its highest levels in almost two weeks after the FOMC finally decided to... Read More
The USD had a somewhat muted trading session since traders are now closely monitoring Federal... Read More
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Read More
The economic sentiment for Germany remained constant for this month as it was supported by a... Read More
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Read More
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Read More
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... 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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