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Oil prices fell on Thursday after rising to a maximum of 4 years the day before

Oil prices declined on Thursday, reaching the maximum level in 4 years. According to analysts, oil supplies from Iran by November 4, when the second block of US sanctions against this country is introduced, will fall by about 1 million barrels ...
05.10.2018

The Fed intends to gradually raise rates, despite the nervousness of investors

Recent speeches by representatives of the Federal Reserve's management suggest that interest rates will continue to rise gradually, which will help curb inflation against the background of rapid economic growth. This scenario makes investors ...
05.10.2018

One Belt and One Road can lead to an increase in copper consumption by 7% of annual demand, according to BHP

BHP Billiton, the Anglo-Australian mining company, announced the serious influence of China’s One Belt and One Road initiative on global copper demand, Reuters reports. An analysis by the company showed that China’s overseas expansion under ...
05.10.2018

Service sector growth in India slowed in September

The business activity index in the services sector of India fell in September to the lowest in 4 months value of 50.9 points compared to 51.5 points in August, according to IHS Markit. The decline was due to low demand in the services sector. ...
05.10.2018

Oil traders bet on the rise in oil prices up to $100 per barrel

Oil traders bet that by 2019, oil prices will rise to $100 per barrel. The reason for this was the rise in oil prices to a peak of four years against the backdrop of the resumption of US sanctions restricting the export of Iranian oil. Sanctions ...
05.10.2018

US employment growth accelerated in September

The number of people employed in the US private sector in September increased by 230 thousand people, exceeding the growth predicted by experts by 185 thousand, Automatic Data Processing reported. Small businesses hired 56,000 new employees ...
04.10.2018

Prices in British stores rose for the second month in a row

BRC UK retail consortium reported price growth in UK stores in September for the second month in a row. Compared to September of last year, the price index in stores increased by 0.2% after rising 0.1% in the previous month. Prices for food ...
04.10.2018

BNP Paribas prepares investors for the upcoming elections in the US

BNP Paribas specialists presented three possible scenarios for the upcoming elections in the US, which take place on November 6, so that investors can prepare their portfolios, Bloomberg reports. According to public opinion polls, Democrats ...
04.10.2018

Growth in sales of semiconductors in the world amounted to 14.9% in August

In August, sales of semiconductors in the world amounted to 40 billion 160 million dollars, increasing its volume by 14.9% in annual terms, the data of the Semiconductor Industry Association (SIA) showed. The August figure was a record for ...
04.10.2018

Eurozone private sector expanded in September at the slowest rate in 4 months

Activity in the private sector in the eurozone rose in September at the slowest rate in 4 months, IHS Markit reported. According to the company's final data, the composite index of production in the private sector of the eurozone was 54.1 points, ...
04.10.2018

A record number of unprofitable companies held an IPO in the United States this year

For the period from January to September of this year, 83% of American companies that conducted an IPO did not gain profits during the year before the initial public offering, Professor of Finance at the University of Florida, Jay Reiter, reported. ...
04.10.2018

Retail sales in the eurozone fell by 0.2% in August

Retail sales in the euro area declined in August by 0.2% after falling 0.6% in the previous month, Eurostat management reported. The monthly figure did not coincide with analysts' forecasts, who had expected it to rise by 0.2%. The annual growth ...
04.10.2018

The central bank of Indonesia may raise interest rates before the Fed does

The head of Indonesia’s Central Bank, Perry Vargiya, speaking at a seminar organized by the Golkar party, expressed an opinion that interest rates in the country had to be raised before the US Federal Reserve System does, finversia.ru writes. ...
04.10.2018

Tesco increased semi-annual profit by 24%

The operating profit of Tesco, the largest retailer in the UK, without taking into account one-time balance sheet items, rose 24.4% year-on-year to £933 million in the first fiscal half ended August 25, finversia.ru reports citing company reporting. ...
04.10.2018

Inflation in Turkey reached a 15-year maximum in September

The Turkish Statistical Institute reported that inflation in September reached a 15-year maximum level of 24.52%, it means that the interest rates will soon be risen to curb price increases. Experts had predicted a rise in consumer prices by ...
04.10.2018

Japan Virtual Currency Exchange Association intends to tighten the rules for storing crypto assets

The Japan Virtual Currency Exchange Association tightens regulation and rules for storing cryptocurrencies after the recent hacking of the Zaif exchange, during which attackers stole about $60 million, The Japan Times reports, citing informed ...
03.10.2018

Amazon raised the minimum wage for all employees in the US to $15 per hour

Online retailer Amazon.com announced that starting from November 1, wages to employees who work in the US are rising to $15 per hour. This number includes more than 250 thousand employees of the company and over 100 thousand seasonal workers ...
03.10.2018

House prices in the UK rose in September

House prices in the UK rose slightly in September, Bloomberg reported. The increase compared with the previous month was 0.3%. In August, there was a decrease in the cost of homes by 0.5%. In annual terms, prices in August rose by 2%. According ...
03.10.2018

Eurozone producer prices rose in August

Producer prices in the euro area rose in August by 0.3% from the previous month and by 4.2% compared with August last year, Eurostat reported. According to experts, the first indicator was expected to grow by 0.2%, the second one – by 3.9%. ...
03.10.2018

The government of Denmark proposes to ban the sale of gasoline and diesel cars from 2030

The government of Denmark has proposed to introduce a ban on the sale of new gasoline and diesel cars starting from 2030. As the representative of the Danish Ministry of Energy, Utilities and Climate told Reuters, this proposal should be considered ...
03.10.2018
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