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... Leer más
On Tuesday afternoon, global oil prices resumed their growth after yesterday's decline. The price... Leer más
Over the next five years, stablecoins will most likely begin to displace some of the US currency... Leer más
European Commissioner for Energy Dan Jorgensen stressed that the dialogue between Russia and the... Leer más
The European Union has decided to postpone discussions on future sanctions against Russia with... Leer más
Adriana Kugler, head of the Federal Reserve System, expressed the opinion that the tariff policy... Leer más
In April, gold inflows into global ETF funds showed an impressive increase of $11.2 billion,... Leer más
Gasoline prices in the United States rose above the $2.10 per gallon mark, which was their highest... Leer más
As a result of negotiations in Switzerland, the U.S. and China have reached an agreement to... Leer más
US-China talks show «significant progress». Regular negotiations on de-escalation of the d... Leer más
Unexpectedly the Australian islands of Heard and McDonald, where penguins live but there are no... Leer más
The administration of US President Donald Trump is considering the possibility of significantly... Leer más
On Friday, bitcoin steadily strengthened, continuing its recent rapid growth and overcoming... Leer más
US President Donald Trump and British Prime Minister Keir Starmer have announced the conclusion of... Leer más
Foreign companies are actively negotiating their return to the Russian market. This is confirmed by... Leer más
The trade war between Beijing and Washington continues to have an impact on the business... Leer más
During the meeting held on May 8, the Bank of England announced a reduction in the interest rate to... Leer más
The US Federal Reserve has left its key interest rate unchanged, keeping it in the range of... Leer más
The index of business activity in the German construction sector increased to 45.1, rising from... Leer más
The Fed kept the base rate in the range of 4.25-4.5% as expected. The rate has been at the current... Leer más
China has announced large-scale mitigation measures to support an economy weakened by trade... Leer más
The softening of trade relations between the United States and China has contributed to the... Leer más
The Fed is likely to keep the federal funds rate at 4.25%-4.50% at the May meeting. This step is... Leer más
Last year, the European Union spent 23 billion euros on the purchase of Russian gas. Monthly... Leer más
In the United States, it was decided to raise the national debt ceiling, which makes default... Leer más
The main index of the Frankfurt Stock Exchange DAX, representing 40 leading German companies, lost... Leer más
The EU intends to impose additional tariffs on American goods with a total value of about 100... Leer más
The Swiss National Bank (SNB) has declared its readiness to take decisive measures to prevent... Leer más
Oil prices are rising after falling to lows since February 2021. Brent rose to $61.50 per barrel... Leer más
Donald Trump stated that cryptocurrencies have become an important and stable asset class that... Leer más
The World Diamond Council (WDC) has asked the US authorities to exclude natural diamonds from the... Leer más
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