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