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The ECB keeps interest rates unchanged

The European Central Bank at the meeting on Thursday kept interest rates on loans at zero level. The deposit rate was left at the level of minus 0.4% per annum, for marginal loans - at 0.25% per annum. The bank said that ensuring that the target ...
14.09.2018

The Bank of England retained the benchmark interest rate at 0.75% per annum

The Bank of England kept the base interest rate at 0.75% per annum, which is its maximum value since 2009. The volume of the bond buying program is kept at the level of 435 billion pounds sterling. The regulator also left unchanged the volume ...
14.09.2018

The Central Bank of Turkey raised the key rate to 24% per annum

The Central Bank of Turkey reported a significant increase in the key interest rate. The rate for weekly REPO operations has been raised to 24% from 17.75% per annum. For analysts, such a significant increase was unexpected, they had predicted ...
14.09.2018

Heads of the US Federal Reserve worry unemployment is too low

The US Federal Reserve notes significant achievements in the US labor market, as unemployment in the country is at a minimum of almost 2 decades at 3.9%. However, such a low level began to cause concern. Thus, the head of the Federal Reserve ...
14.09.2018

India can not completely stop the purchase of Iranian oil

India will not be able to completely stop buying oil from Iran, which is the third largest supplier of oil to this country, The Tribune writes, citing informed sources. India made this clear to Washington during the technical negotiations on ...
14.09.2018

The financial system of China is one of the main risks to financial stability in the world, Carney believes

The head of the Bank of England and the chairman of the International Financial Stability Board, Mark Carney, gave an interview to the BBC, timed to coincide with the tenth anniversary of the beginning of the global financial crisis of 2008. ...
13.09.2018

The volume of lending in China in August was lower than expected

According to the People's Bank of China, the volume of new bank lending to the PRC in national currency in August was 1 trillion 280 billion yuan, having decreased from 1 trillion 450 billion yuan in July. Analysts had predicted a figure of ...
13.09.2018

Industrial production in the euro area declined by 0.8% in July

In July, industrial production in the euro area fell by 0.8% compared to the previous month, Eurostat reported. A month earlier, there was also a decrease in monthly terms by 0.8%. Experts had predicted a decrease of 0.5%. In annual terms, ...
13.09.2018

Hermes increased its profit by 17% in half a year

The net profit of the French fashion house Hermes International in the first half of the year increased by 17% to 708 million euros. The executive chairman of the Hermes board of directors, Axel Dumas, who participated in the teleconference, ...
13.09.2018

In the first half of the year, New York became the world's largest financial center

The financial consulting company Z/Yen Group following the results of the first half of the year, calculated the Global Financial Centers index, according to which New York beat London by only two points and became the world's largest financial ...
13.09.2018

In August, the number of oil and gas installations in the world reached a maximum since March 2015

The American oil field services company Baker Hughes, which publishes data on operating rigs in the world since 1944, reported that in August the total number of operating oil and gas drilling rigs increased to 2 thousand 278, the highest level ...
13.09.2018

Prices for nickel will grow by 10% by the end of the year, according to the Indonesian producer of this metal

Nickel prices until the end of 2018 will grow by 10% and reach 14 thousand dollars per ton, Hari Vidyayanto, a chief operating officer at PT Aneka Tambang, abbreviated ANTAM, the Indonesian producer of this metal, told the journalists. According ...
13.09.2018

Producer prices in the US declined by 0.1% in August

In the US, producer prices have fallen for the first time in the past 18 months, MarketWatch writes. According to the US Department of Labor, prices in August this year fell by 0.1% compared to July, while specialists had expected an increase ...
13.09.2018

Italian authorities plan to raise 20 billion euros through tax amnesty

Deputy Prime Minister of Italy Matteo Salvini said in an interview with Rai that the draft budget of Italy for 2019 contains the reduction of some taxes, lowering of retirement age, and a tax amnesty that would enable Italians to settle disputes ...
13.09.2018

Irish Ryanair canceled 150 out of 400 flights to Germany

400 pilots and 1 thousand flight attendants of the Irish budget airline Ryanair on Wednesday started a 24-hour strike, which forced the company to cancel 150 out of 400 flights to Germany. Deutsche Welle writes with reference to the words of ...
13.09.2018

Exxon Mobil will invest 500 million pounds to upgrade its refinery

The US oil corporation Exxon Mobil, one of the largest in the world in terms of market capitalization, announced its intention to invest in the modernization of its refinery Fawley in the UK more than 500 million pounds sterling. The Financial ...
12.09.2018

Optimism of small business in the US increased to a historic high in August

The index of small business optimism in the US in August reached a maximum of 108.8 points since the end of 1973, having increased from last month by 0.9 points, according to the National Federation of Independent Business. The growth of the ...
12.09.2018

Wholesale inventories in the US rose by 0.6% in July

Commodity stocks in wholesale warehouses in the US rose 0.6% in July after rising 0.1% in June, the country's Ministry of Trade reported. In annual terms, reserves growth was 5%. Experts expect that enterprises will continue to increase their ...
12.09.2018

The number of open vacancies in the US reached a record in July

In July, the number of open vacancies in the US reached a record 6 million 940 thousand, the ministry said. MarketWatch notes that these data indicate the preservation of momentum for the growth of the US economy. In July, 5 million 679 thousand ...
12.09.2018

Investor confidence in the German economy exceeded forecasts in September

In September, the index of investor and analyst confidence in the German economy for the next six months amounted to minus 10.6 points, rising from minus 13.7 points in the previous month, a poll of the Center for European Economic Research ...
12.09.2018
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