Tag: Inflation
Dollar Gains Fade After Fed Chair Comments Ease Inflation Expectations
The U.S. dollar gave up its morning gains today. It was weakened by comments from Federal Reserve Chair Kevin Warsh, who said that inflation...
Shares in Europe and Israel strengthen following announcement of ceasefire between...
European shares are strengthening, with their main index showing growth of more than 1% in the morning. Shares in Germany are performing particularly well....
US stocks closed mixed today, dollar strengthened
US stocks closed mixed today. The Dow Jones index, which includes shares of thirty leading US companies, lost 0.28 percent today to end trading...
Hungarian central bank cuts base rate to 6.75 percent
Hungary's central bank cut its key interest rate by a quarter of a percentage point to 6.75 percent. It announced this in a press...
Eurozone inflation falls to 2.5 percent in June, according to Eurostat...
The inflation rate in the euro area slowed to 2.5 percent in June from 2.6 percent in May, Eurostat said in its flash estimate....
Walmart’s profit and sales beat estimates, company raises full-year outlook
US retailer Walmart increased net profit to $5.1bn (£116bn) in the first quarter of its fiscal year from $1.67bn in the same period last...
Inflation in Russia has already peaked, central bank governor says
Inflation in Russia has already peaked, but its decline is not yet sufficient for the Russian central bank to start cutting interest rates. Reuters reports...
Car sales in China fell for the second month in a...
Interest was not raised even by discounts
Passenger car sales in China fell 2.6 percent year-on-year to 1.79 million vehicles in July. It decreased for...
Turkey’s inflation rate resumed rising in July to 47.83 percent
Turkey's inflation rate resumed growth in July after eight months of slowdown, rising to 47.83 percent. The hotels, restaurants, and cafes segment, as well...
British oil group BP’s profit fell by 70 percent, but the...
The British oil company BP managed a net profit of $2.59 billion (CZK 56.3 billion) in the second quarter, which is a year-on-year drop...
