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