Gold ends the week with a drop, reaching the lowest level in the last three years. The market value of the precious metal has been declining throughout the week and has lost more than 4% of its value. Spot gold is currently trading at $2,561 per ounce.Experts believe that the decline in the value of gold is due to a strong dollar and expectations of a stricter US monetary policy under Trump. Also, high interest rates make gold less attractive to investors.Comments by Fed Chairman Jerome Powell, ... اقرأ أكثر
According to the US Department of Labor, in the first week of April, the number of initial... اقرأ أكثر
Eurozone finance ministers held a videoconference, during which they expected to agree on the main... اقرأ أكثر
Industrial production in Germany in February unexpectedly showed an increase. At the same time, the... اقرأ أكثر
According to Sentix analytics, investor sentiment in the eurozone fell to a record low in April, as... اقرأ أكثر
Retail sales in the UK in March fell to a record low due to the fact that sales volumes declined... اقرأ أكثر
According to official figures, the number of unemployed in Spain in March 2020 increased at a... اقرأ أكثر
Analysts believe that the economies of Germany and Canada are the most susceptible to the shocks... اقرأ أكثر
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... اقرأ أكثر
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... اقرأ أكثر
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... اقرأ أكثر
The mood in the German business community deteriorated significantly in March amid concerns about... اقرأ أكثر
Energy experts fear that global oil storages may overflow during several months due to falling... اقرأ أكثر
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... اقرأ أكثر
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... اقرأ أكثر
The European Union decided to create an investment initiative of €37 billion as part of a package o... اقرأ أكثر
According to the results of the European Central Bank (ECB) meeting, the regulator left key... اقرأ أكثر
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... اقرأ أكثر
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... اقرأ أكثر
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... اقرأ أكثر
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... اقرأ أكثر
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... اقرأ أكثر
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... اقرأ أكثر
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... اقرأ أكثر
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... اقرأ أكثر
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... اقرأ أكثر
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... اقرأ أكثر
Italy warned the EU that it could require substantial assistance if the unexpected spread of... اقرأ أكثر
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... اقرأ أكثر
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... اقرأ أكثر
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... اقرأ أكثر
