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... Baca Lagi
Hugh Pill, chief economist at the British central Bank, said that the Bank of England should focus... Baca Lagi
Gold may become the object of new anti-Russian sanctions of the European Union, representatives of... Baca Lagi
Over the weekend, bitcoin fell below the key resistance level of $20 thousand. According to the... Baca Lagi
Last Friday, oil prices collapsed from the area of $121 to the level of $112 per barrel amid market... Baca Lagi
Monday, June 20The economic calendar at the beginning of the week, as usual, is empty. Moreover, in... Baca Lagi
Bitcoin continues to demonstrate a persistent «bearish» trend, approaching the main psychological t... Baca Lagi
According to Eurostat's final data, annual inflation in the 19 eurozone countries accelerated to an... Baca Lagi
The head of the Association of Exporters of Egypt, Mohammed Kassem, said that his country plans to... Baca Lagi
Today, the Swiss National Bank (SNB) made an unexpected decision to raise the deposit rate for the... Baca Lagi
Chairman of the US Federal Reserve Jerome Powell, during a speech at a press conference, said that... Baca Lagi
Italy is again facing the biggest damage among the EU's leading countries due to a sharp rise in... Baca Lagi
Yesterday, US stock indexes ended the trading session with a decline – market participants are w... Baca Lagi
According to the data of the National Bureau of Statistics, the volume of industrial production in... Baca Lagi
On Tuesday, the price of bitcoin continues to remain in the area of local lows: the current price... Baca Lagi
According to the final estimate of the German Federal Statistical Office, inflation in the country... Baca Lagi
At the beginning of the trading week, the oil market fell to its lowest level in almost a week... Baca Lagi
Finnish President Sauli Niinistö said that Finland would not join NATO without Sweden if ... Baca Lagi
On Monday, bitcoin continued its decline, which began last week. The current quote of the most... Baca Lagi
Monday, June 13As a rule, the macroeconomic calendar is completely empty on Mondays, but this time... Baca Lagi
According to a press release from the US Department of Labor, consumer prices in the country... Baca Lagi
On Thursday evening, the sell-off on the US stock market accelerated in anticipation of the release... Baca Lagi
The President of the European Central Bank, Christine Lagarde, during a press conference following... Baca Lagi
A fire broke out yesterday in a key US export hub, sending natural gas prices in Europe up 40%. And... Baca Lagi
Oil quotes continued to remain stable on Thursday after rising to three-month highs the day before... Baca Lagi
Investor Michael Burry, who predicted the 2008 mortgage crisis and became the inspiration for one... Baca Lagi
The European Central Bank, the regular meeting of which will be held on Wednesday-Thursday, is... Baca Lagi
The uncertainty surrounding the deal to buy Twitter by Elon Musk may lead to the disruption of... Baca Lagi
In Great Britain the average price for gasoline exceeded the level of 1,785 pounds sterling, which... Baca Lagi
According to trading data, the Japanese yen is trading at a twenty-year low against the dollar amid... Baca Lagi
The price of oil on Tuesday exceeded the level of $120 per barrel. Traders continue to assess the... Baca Lagi
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