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Latest Economic News

ECB: two more rate cuts this year will be quite reasonable

June, 26 2024

The head of the central bank of Finland and a member of the ECB governing Council, Olli Rehn, said that he believes investors' expectations about two rate cuts by the end of the year are justified, which will reduce the cost of borrowing to 2.25% by 2025.In his interview, Ren also noted that officials should return inflation to 2%, without curbing excessive economic activity.«Market data points to two upcoming rate cuts, which will lead to a level of 3.25% by the end of this year and about 2.25-... Read More

Latest Economic News

ECB: two more rate cuts this year will be quite reasonable

All News

Oil dropped below $71 for the first time since September

Unemployment and other economic indicators of Japan

US stock indexes rose after the collapse last week

Top Glove jumps 52% as omicron concerns boost

Serbia will save €1 billion thanks to the price of Russian gas

The Turkish President drops the lira with his own hand

Economic calendar | November 29 – December 03

European markets in the red due to concerns about a new strain of coronavirus

Emerging Markets shares break 6-day decline

German GDP grew by 2.5% in the third quarter

Sweden’s first female Prime Minister resigned hours after appointment

Experts believe that Biden's oil strategy is disastrous

Japan also announced the sale of reserve oil

Gold prices are rising in anticipation of the US statistics

Trump criticized the current US energy policy

Joe Biden announced the release of oil from US reserves

Gold increased the decline amid news from the Fed

Great Britain invests more than 9 million pounds in a hydrogen gas storage project

Cryptocurrency Market | November 22 – 26

Economic calendar | November 22 – 26

Nasdaq index could grow by 19% in 2022

The European market has declined sharply amid the introduction of quarantine

The Bundestag accused the Greens of causing damage to Germany

Analysts named the factors exerting pressure on the oil market

Inflation in the eurozone has reached a 13-year high

Germany outlined the consequences of suspending the certification of Nord Stream-2

The oil market remains highly volatile

The Turkish currency has updated the anti-record again

Oil accelerated the decline at the end of the trading day

Slowing GDP growth in China could lead to a global financial crisis