British government bonds recovered significantly on Thursday, outperforming their main rivals. The rise was helped by a statement from Prime Minister Keir Starmer, who expressed confidence in Rachel Reeves as Chancellor of the Exchequer, stressing that she should hold this position «for many years to come.»The yield on 30-year British bonds fell by 11 basis points, almost offsetting the rise seen the day before. This positive trend was a reaction to Starmer's expression of confidence in Reeves, ... Read More
The price of oil in 2020 will be kept below the level of $40 per barrel. This conclusion was... Read More
Oil refineries around the world have begun to suspend production or reduce refining volumes, as... Read More
The coronavirus pandemic remains the main news of the day. The disease continues to spread,... Read More
The mood in the German business community deteriorated significantly in March amid concerns about... Read More
Energy experts fear that global oil storages may overflow during several months due to falling... Read More
Today, the Philippine Stock Exchange closed indefinitely, and trading in foreign currency and bonds... Read More
Since the beginning of 2020, the Chinese economy has experienced the most severe recession in the... Read More
The European Union decided to create an investment initiative of €37 billion as part of a package o... Read More
According to the results of the European Central Bank (ECB) meeting, the regulator left key... Read More
The Bank of England unexpectedly lowered its base interest rate in an attempt to support the... Read More
Saudi Arabian State Oil Company Saudi Aramco intends to increase oil supplies to 12.3 million... Read More
The Italian authorities intend to allocate 7.5 billion euros ($8.4 billion) to combat the epidemic... Read More
The Bank of Canada cut its key rate from 1.75% to 1.25% amid a rapidly spreading outbreak of... Read More
The Federal Reserve Board unexpectedly lowered its base interest rate from 1.5-1.75% to 1-1.25%,... Read More
The Central Bank of Australia has lowered its key interest rate from 0.75% to 0.5% per annum. The... Read More
According to official figures, Italy's economic growth in 2019 has slowed to its lowest level since... Read More
A key market indicator of long-term inflation expectations in the eurozone fell to a record low... Read More
Major European stock indexes on Thursday evening accelerated the pace of decline and are already... Read More
The German Institute for Economic Research DIW reported that Germany’s economy is close to s... Read More
Italy warned the EU that it could require substantial assistance if the unexpected spread of... Read More
Philip Lane, chief economist at the European Central Bank (ECB), said that the spread of the... Read More
Gold prices rose to a maximum in 7 years due to fears that an outbreak of coronavirus will slow... Read More
According to the Office of National Statistics (ONS), inflation in Great Britain accelerated in... Read More
Stock prices of the American company Apple Inc are reduced today by 3.6% during preliminary... Read More
In the fourth quarter of 2019, Japan's GDP fell by 6.3% year on year after increasing the... Read More
According to the US Federal Reserve, the volume of industrial production in the United States in... Read More
According to the US Labor Department, consumer prices in the US in January rose 2.5% year on year,... Read More
Deputy head of the PRC Academy of Social Sciences Cai Fan said that China will be able to achieve... Read More
The UK economy showed zero growth in the last quarter of 2019. According to preliminary data from... Read More
Today, Gold quotes rose to a week maximum, reaching $1,580 per troy ounce. The precious metal is... Read More
