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, ... Прочетете още
China stated that it does not intend to set an annual target indicator of economic growth this... Прочетете още
The publication of the minutes of the April FOMC meeting reflected the call of Fed leaders to... Прочетете още
According to the final data of the Statistical Office of the European Union (Eurostat), consumer... Прочетете още
The UK has announced a new tariff regime after Brexit, which will replace the external tariff of... Прочетете още
The Japanese economy has slipped into recession for the first time in four and a half years in the... Прочетете още
According to the Statistical Office of the European Union (Eurostat), the eurozone economy in the... Прочетете още
According to the forecast of the UN Department of Economic and Social Affairs, the global economy... Прочетете още
UK retail sales plummeted last month as coronavirus control measures limited consumer... Прочетете още
China freed another group of American goods from higher import duties, which were introduced at the... Прочетете още
The President of the European Commission said that EU countries could face the second wave of the... Прочетете още
According to the US Department of Labor, unemployment in April updated the record since 1940 and... Прочетете още
According to the German Ministry of Economics and Labor, industrial production in the country fell... Прочетете още
According to a US employment report from ADP, a record 20.236 million Americans lost their jobs in... Прочетете още
According to trading data, the main US indices are growing amid the emergence of prospects for the... Прочетете още
Ernesto Ferlenghi, president of Confindustria Russia (Association of Italian Industrialists in... Прочетете още
According to Baker Hughes, an American oil and gas service company, the number of oil and gas... Прочетете още
According to the results of the meeting on Thursday, the European Central Bank (ECB) kept the base... Прочетете още
According to the first estimate, US GDP in the first quarter of 2020 fell by 4.8%. Analysts had... Прочетете още
According to the National Statistical Institute of Spain, the country's unemployment rate rose to... Прочетете още
On Monday, the price of gold began to decline amid rising risk appetite after signs that countries... Прочетете още
The University of Michigan Consumer Sentiment Index, which reflects household confidence in the US... Прочетете още
Business activity in the eurozone in April reached another record low, which is a sign that the... Прочетете още
According to the National Statistical Office (ONS) of Great Britain, consumer prices in March rose... Прочетете още
The situation in the oil market has again become the focus of attention of traders. For the first... Прочетете още
Today China for the second time since the beginning of the year lowered lending rates to support... Прочетете още
According to the US Department of Labor, the number of American citizens applying for unemployment... Прочетете още
US President Donald Trump announced that the United States is completing funding for the World... Прочетете още
According to analysts, China's economic growth may slow to a minimum in almost half a century due... Прочетете още
Saudi Arabia again went against its colleagues under the OPEC+ agreement and seems to have decided... Прочетете още
The finance ministers of the European Union (EU) have agreed on a plan to save the bloc’s economy i... Прочетете още
