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The business confidence index in Finland decreased slightly in August

The index of business confidence in Finland declined in August to 13 points from 14 points a month earlier, a survey conducted by the Confederation of Finnish Industry showed. Business confidence, nevertheless, remains stable in the country, ...
28.08.2018

Analysts believe that the merger of Deutsche Bank and Commerzbank is inevitable

The merger of two largest banks in Germany, Deutsche Bank and Commerzbank, is only a matter of time, many analysts and observers of the banking industry say. The Financial Times writes that in order for such a deal to become successful, its ...
28.08.2018

Macron hopes that the agreement on Brexit will not harm the interests of the EU

French President Emmanuel Macron, speaking to the French ambassadors in Paris, expressed the hope that an agreement on the withdrawal of the UK from the EU would be concluded before the end of the year and would not harm the interests of the ...
28.08.2018

India can become the world leader in terms of growth in demand for oil

India can become a world leader in terms of increasing demand for oil, outperforming China by 2024, according to Wood Mackenzie experts. Experts expect that in 2017-2035, the average annual growth in demand in the country could reach 3.5 million ...
28.08.2018

The economy of the OECD countries increased by 0.6% in the second quarter

The economy of countries of the Organization for Economic Cooperation and Development in the second quarter increased by 0.6% compared to the first quarter, when its growth was 0.5%. The most significant increase in economic growth was noted ...
28.08.2018

The confidence of entrepreneurs in the German economy increased above forecasts in August

The business confidence index in the country in August 2018 increased to 103.8 points from 101.7 points in the previous month, data of the research institute Ifo showed. Experts had expected the figure at 101.8 points. The attitude of the leaders ...
28.08.2018

The volume of student loans in the US exceeded a record $1.5 trillion

The volume of student loans in the US has risen by $500 billion since 2010-2011 academic year and reached a record of $1.5 trillion, despite the fact that the issuance of new loans since this time has been declining annually, finversia.ru reported ...
28.08.2018

Benchmark crude oil moderately went down in value after a sharp increase last week

Oil prices declined moderately on Monday after a sharp increase last week, when Brent went up by 5.6%, WTI - by 5.4%. October Brent crude oil futures at 13:53 am Eastern European time on Monday fell 34 cents to 75 dollars 48 cents a barrel. ...
28.08.2018

Tesla will remain a public company

Tesla Founder Elon Musk said that the US company would remain a public company, as the majority of shareholders of Tesla did not support the idea of repurchasing the company's shares. In the opinion of the shareholders, in the event of the ...
27.08.2018

Over the past week, the price of Brent crude rose by 7.5%, of WTI - by 5.9%

WTI oil finished last week in positive territory for the first time in almost 2 months, having risen by 5.9%. The price of Brent grew by 7.5% over the week. Investors' concerns are related to strikes in the North Sea and sanctions against Iran, ...
27.08.2018

The head of the Fed considers it necessary to continue raising the base interest rate at a moderate pace

The chairman of the US Federal Reserve System, Jerome Powell, believes that the current process of gradual normalization of monetary policy is justified, as he is confident in the strong growth of the US economy. He stated this at the annual ...
27.08.2018

In the US, there is a decrease in the mortgage rate for the third consecutive week

Federal Home Loan Mortgage Corporation Freddie Mac in its weekly review reported that mortgage rates in the US declined for the third week in a row due to a decrease in the yield of government bonds of the country. The average fixed interest ...
27.08.2018

Budget surplus of Germany for the half-year reached a record level

The surplus of the consolidated budget of Germany for the period from January to June of the current year increased by 1.8 times, or by 18 billion 300 million euros, and reached 41 billion 800 million euros, according to the data of Destatis. ...
27.08.2018

Trump offered Italy assistance to fund its public debt

President of the United States Donald Trump during a meeting in July with Italian Prime Minister Giuseppe Conte offered Italy assistance to fund its public debt in 2019, the Italian newspaper Corriere della Sera reported. In 2017, Italy's national ...
27.08.2018

Quarterly net profit of HP increased by more than a quarter

The net profit of the US HP, which combined assets for the production of computer equipment and printers after the separation of Hewlett-Packard, in the third fiscal quarter ended in July, increased by more than a quarter in annual terms to ...
27.08.2018

Economic activity in Argentina deteriorated in June for the third consecutive month

The economic activity index in Argentina in June 2018 fell by 6.7% in annual terms after a decrease of 5.2% in May, according to the statistical agency Indec. The decrease in the index is observed for the third month in a row. Economic activity ...
27.08.2018

The value of gold increased against the background of a weaker dollar

Gold, during trading on Friday, rose in price against the background of the depreciation of the dollar after the speech of the Chairman of the of Federal Reserve System, Jerome Powell, at the symposium in Jackson-Hole, finversia.ru wrote. Gold ...
27.08.2018

The Norwegian government commission recommended that the Norwegian Sovereign Fund should not abandon oil investments

The Governmental Commission of Norway recommended that the Sovereign Fund of Norway not to give up oil and gas sector shares worth more than $40 billion. The Fund made such an offer last year, as Norway, the largest oil exporter in Western ...
27.08.2018

The probability of a recession in the world economy in the next 5 years is 70%, according to PIMCO

Chief investment director for non-traditional strategies of the investment company Pacific Investment Management, Mark Zinder, warned investors about the onset of increased volatility amid tightening of monetary policy in the world's largest ...
23.08.2018

Target Corporation increased its quarterly profit by 19%

Target Corporation, which owns the second-largest discount network in the US, reported that its second-quarter net profit, which ended Aug. 4, rose 19% year-on-year to $799 million. Excluding one-off factors, earnings were 1 dollar 47 cents ...
23.08.2018
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