Asian stocks have strengthened further, while US ones may face a larger correction
Shanghai, Hong Kong, Tokyo and Seoul announce the end of Wednesday's stock market session in stronger territory. In contrast, Wall Street saw the actual stagnation...
BoE’s threat of negative interest rates will trigger investors to top-up portfolios
The Bank of England’s threat of negative interest rates will encourage market-wise investors to increase their exposure to UK stocks, affirms the CEO of...
The importance of fossil fuels in the EU has decreased in 30 years. They...
The share of fossil resources in gross energy consumption in the European Union averaged 71 percent at the end of 2019. That's about 11 percentage...
A copper smelter will grow in Indonesia, and an agreement with China is close
The American company Freeport-McMoRan is close to an agreement with the Chinese Tsingshan Holding Group to build a copper smelter in the Indonesian industrial center of Weda Bay.
U.S. labor market showed unexpected signs of recovery
In January, 174,000 new jobs were created in the United States. This is a bigger increase than analysts' estimates had calculated. The unexpected recovery in the...
The economy of both the European Union and the euro area fell by more...
According to a preliminary estimate by Eurostat, the European Union's gross domestic product decreased by 6.4 percent last year. Eurozone performance fell 6.8 percent. In the...
Non-energy commodities become more expensive at fastest time in a decade
Commodity prices have been rising rapidly in recent weeks. Especially those that are not related to energy production, but to those that serve as input...
Cryptocurrencies are not ideal tender, thinks Bank of England governor
The Governor of the Bank of England, Andrew Bailey, believes that cryptocurrencies, as originally designed, are not an ideal form of digital currency. According to...
US economy will surprise markets as well as central bank in spring, analyst claims
The United States economy will face the risk of further contraction in the coming months, but will take a breath toward a giant recovery...
Tokyo Stock Exchange at a thirty-year high. Thanks, Biden
Shares on the Tokyo Stock Exchange closed Thursday at a 30-year high. The market took on an optimistic wave, which was started by the inauguration...
