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Oil prices finished the third consecutive week with growth

Following the result of last week, oil prices rose for the third consecutive week. The market is waiting for the second round of US sanctions against Iran, demonstrating concerns over the shortage of raw materials. At the end of last week, ...
01.10.2018

The growth of the consumer confidence index in the US was below forecasts in September

Specialists of the University of Michigan, calculating the index of consumer confidence in the US, reported that the September value of the index was 100.1 points, significantly exceeding the August level of 96.2 points. However, the indicator ...
01.10.2018

UBS named 6 cities with a risk of a bubble in the real estate market

The largest Swiss financial holding company UBS has rated 20 cities, which are considered the world financial centers, according to the indicators of the most overestimated real estate. Its analysis showed that real estate is overvalued in ...
01.10.2018

EasyJet expects higher profit following the results of the fiscal year 2018

British airline EasyJet said that in the fourth financial quarter the demand for its services was quite high, thanks to which strong quarterly indicators were recorded. Against this background, the company improved its forecast for a number ...
01.10.2018

July GDP growth in Canada exceeded forecasts

According to the Statistics Canada, the country's GDP increased by 0.2% in July after a zero change in the previous month. According to analysts, the Canadian economy was expected to grow by 0.1%. The production of goods increased in July by ...
01.10.2018

H&M will not reduce prices on the background of a reduction in profits

Swedish clothing retailer H&M reported a decrease in pre-tax profits for the period from June to August by 20% year-on-year to 4 billion 10 million kroons. Sales fell by 8% in the US, France, Italy and Belgium markets as a result of problems ...
28.09.2018

China left the rates unchanged, despite the decision of the Fed

The Central Bank of China at the meeting on Thursday left short-term interest rates unchanged, although the Federal Reserve raised its key interest rate by 25 basis points to 2-2.25% on Wednesday. The decision of the Central Bank of China could ...
28.09.2018

A number of Hong Kong's largest banks have raised interest rates on loans for the first time in more than 10 years

On Thursday, a number of the largest banks in Hong Kong, such as HSBS and Bank of China, raised interest rates on loans for the first time in more than 10 years. It was made after the Hong Kong Monetary Authority (HKMA) raised the benchmark ...
28.09.2018

The number of loans to companies in the euro area rose by 4.2% in August

The volume of loans to non-financial organizations in the euro area increased in August by 4.2% in annual terms after an increase of 4% in the previous month, according to the European Central Bank. The growth rate in August was the highest ...
28.09.2018

The WTO has worsened the outlook for the increase in the volume of world trade for 2018 and 2019

Experts of the World Trade Organization expect a slowdown in global trade growth due to increased trade disputes and tougher conditions in the credit markets. The organization lowered the forecast for the growth of world trade in 2018 from ...
28.09.2018

Consolidated index of business and consumer confidence in the euro area fell in September lower than it was expected

In September, the consolidated index of business and consumer confidence in the economy of the euro area amounted to 110.9 points, having decreased from 111.6 points in the previous month, the European Commission reported. The value of the ...
28.09.2018

The head of Total believes that the rise in oil prices to $100 per barrel is not good

Total CEO Patrick Pouyanne said in an interview with Bloomberg TV that a possible rise in the price of oil to $100 per barrel was not good news, for the oil industry as well. Oil is becoming more expensive due to the expected significant reduction ...
28.09.2018

In Iceland, consumer prices rose in September, unemployment fell in August

In September, consumer prices in Iceland increased by 2.7% in annual terms after rising 2.6% in the previous month. The finversia.ru project writes that official data indicate a slight acceleration of inflation in September. Compared to August, ...
28.09.2018

Central Bank of Indonesia raised the key rate for the 5th time since mid-May

The Central Bank of Indonesia decided to raise the key rate by 25 basis points to 5.75% the day after the Federal Reserve had raised the rate. Since mid-May this is the fifth rate increase in Indonesia. During this period, the rate increased ...
28.09.2018

The Philippine Central Bank raised the key rate by 50 basis points

The Central Bank of the Philippines following the results of the meeting on Thursday raised the key rate of reverse REPO by 50 basis points to 4.5%. Forecast of 14 out of 15 experts who had participated in the Reuters poll, coincided with the ...
28.09.2018

Moody's experts expect the fall of oil prices to $60-65 per barrel in 2020-2022

The official forecast of the international rating agency Moody's Investors Service assumes a decline in oil prices to 60-65 dollars per barrel in 2020-2022, whereas in 2018 oil will average $78 per barrel, in 2019 - $71 per barrel, Denis Pereverzentsev, ...
27.09.2018

India is not going to acquire Iranian oil in November

Official representatives of Indian companies Indian Oil and Bharat Petroleum told Bloomberg that in November there would be no supplies of Iranian oil, as their companies did not order tankers. Iran does not plan to buy oil from Iran either ...
27.09.2018

The Bank of England can curtail the program of buying up assets without harm to the economy

A member of the Bank of England's Monetary Policy Committee, Gertjan Vlieghe, believes that the British Central Bank should carefully explain the plan for its gradual curtailment of the asset purchase program, as the US Federal Reserve did. ...
27.09.2018

Deutsche Bank has studied the potential merger with UBS

Deutsche Bank at a meeting in September discussed two options for a potential merger with both Commerzbank and the Swiss bank UBS, seeking to examine the possible impact of the deal with UBS, Handelsblatt wrote, citing sources familiar with ...
27.09.2018

Report on the change of Daimler CEO caused a decline in the share price of the German automaker

Daimler, the German company, which manufactures cars, reported the departure of Dieter Zetsche from the post of chief executive after the annual shareholders meeting scheduled for May 22, 2019. The Supervisory Board took such a decision because ...
27.09.2018
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