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, ... Read More
On Monday, the British pound collapsed to its lowest since 1985. At the moment, the exchange rate... Read More
Monday, September 5Monday this week is unusually full of publications – indexes of business a... Read More
In the USA, a monthly report from the Ministry of Labor was released, which surprised market... Read More
Gold prices accelerated their decline on Thursday amid the strengthening of the US dollar and... Read More
The main US stock indexes are noticeably declining on Thursday amid a reduction in investor... Read More
Oil prices ended August in the red zone and continue to decline on the first day of... Read More
OPEC oil production in August increased to the highest since the beginning of the coronavirus... Read More
Analysts at JPMorgan investment bank said that the US stock market could grow by 11% over the next... Read More
According to the Statistical Office of the European Union, consumer prices in the eurozone... Read More
World oil prices are recovering weakly on Tuesday after falling below the level of $100 per barrel.... Read More
The British FTSE 100 index started the day with a decline, being under pressure from falling mining... Read More
Philip Lane, chief economist at the European Central Bank, said the ECB should raise rates at a... Read More
Analysts at Goldman Sachs Group Inc. expect the UK economy to enter recession by the end of 2022.... Read More
Friday's report by the head of the US Federal Reserve Jerome Powell provoked a decline in the... Read More
According to the Forbes Real-Time rating, the richest billionaires in the world lost more than $70... Read More
On Monday, the US dollar reached a 20-year high against major currency competitors after the speech... Read More
Monday, August 29The week will start again with a completely empty macroeconomic calendar. However,... Read More
Analysts note that the main feature of the current global energy crisis is the lack of investment... Read More
On Friday, all the attention of the markets is focused on the speech of the head of the US Federal... Read More
Iran's prospects of taking part of Russia's share in the oil market look increasingly realistic,... Read More
According to updated data from the US Department of Commerce, the country's GDP in the second... Read More
According to the weekly report of the US Department of Labor, the number of Americans who applied... Read More
The price of oil on Thursday remains stable after yesterday's rise to the level of $ 102 per... Read More
German Chancellor Olaf Scholz said that Germany intends to move away from Russian natural gas as... Read More
According to the weekly review of the Energy Information Administration of the US Department of... Read More
Analysts at JPMorgan investment bank believe that inflation will come to naught by itself as the... Read More
According to the ONS, the statistical office of the United Kingdom, in June 2022, Britain imported... Read More
According to preliminary data from the research organization S&P Global, the composite... Read More
Oil prices are falling at the beginning of a new trading week, the current Brent quote is $93.10... Read More
According to the monthly report of the German central bank Bundesbank, a recession in the country... Read More
