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Latest Economic News

Inflation in the United States accelerated to 2.6%

November, 13 2024

In October, inflation in the United States accelerated, but the indicator was within analysts' expectations.According to the Bureau of Labor Statistics, the consumer price index increased by 0.2% month-on-month and reached 2.6% year-on-year. Excluding volatility in food and energy prices, the core consumer price index showed a more noticeable increase, increasing by 0.3% over the month and reaching 3.3% y/y.The market reaction to the data was restrained. U.S. futures rose slightly, and Treasury ... Read More

Latest Economic News

Inflation in the United States accelerated to 2.6%

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Saudi Arabia will extend the reduction of oil production by 1 million b/d until the end of 2023

Brent crude is trading near $89 per barrel

Economists' forecasts for 2024 are becoming increasingly gloomy

The share of Russian oil in the EU has decreased from 29.2% to 2.3% in two years

Inflation in Turkey accelerated to 58.9% in August

Oil prices have stabilized after rising to annual highs

The number of oil and gas drilling rigs in the world in August fell for the first time in 3 months

Unemployment in the US is growing stronger than expected: stocks are going up, and the dollar is going down

Brent price exceeded $88 per barrel

Retail investors have started to actively invest in the uranium industry

The yuan rose to a maximum due to the measures of the People's Bank of China

The euro accelerated its decline against the dollar after the release of statistics on the eurozone

The Bank of England sees the need to keep the rate near 5.25% for a long time

Inflation in Germany in August slowed to 6.4%

Brent rose above $85.50 per barrel

The yuan may reach a record low this year

Analysts expect China's GDP to grow by 5.1% in 2023

Unemployment in Japan in July unexpectedly rose to the highest in 4 months

The problems of the Chinese economy are threatening global growth

Shares of Evergrande have fallen by almost 90%

Powell: The Fed is ready to raise the rate further

Economic Calendar | August 28 – September 1

What to expect from Powell's speech?

Oil prices rise amid global inventory decline

The dollar rose to a maximum and ends the seventh consecutive week of growth

Germany's GDP in the second quarter did not change

Payment alternatives within the BRICS can work in a couple of months

The lira rose sharply after the Central Bank of Turkey increased rate

Six new countries will join BRICS in 2024

Brent is trading in the corridor of $82.5-83.5 per barrel