The dollar's share of global foreign exchange reserves in the third quarter reached its lowest level in almost 30 years. According to the International Monetary Fund (IMF), the indicator decreased by 0.85 percentage points, amounting to 57.4%. This is the lowest value since 1995, as there are no earlier statistics.The decrease in the dollar's share is due to an increase in investments in euros: its share increased to 20.02% from 19.75% in the second quarter. Investments in the Japanese... Прочетете още
The manufacturing Purchasing Managers' Index for the month of July was at 51.4 less than the... Прочетете още
Both money markets and economists deemed that the time where the interest rates stimulate or... Прочетете още
The U.S. gasoline futures rallied that resulted to an increase in gains this week following the... Прочетете още
Japan’s household expenditure in the previous month accelerated most in 2015 since the available j... Прочетете още
The U.S. Federal Reserve reduced its bond holdings for the year and began to narrow down its 2.3... Прочетете още
The British economy was able to accelerate slightly during the second quarter after a lackluster... Прочетете още
China opens the access to capital markets for various types of investors as announced by China's... Прочетете още
German firms are preparing for a bountiful period on the back of a slackening summer... Прочетете още
The growth forecast of South Korea for 2017 was changed on Tuesday pledged to maintain an... Прочетете още
The International Monetary Fund downgraded its growth outlook for the United States due to concerns... Прочетете още
Development in the Information Technology sector and rising adaptability of the labor market in the... Прочетете още
One of the top central banks stated that the interest rates of the Reserve Bank of Australia will... Прочетете още
According to the latest reading on the strength of the UK consumer, it shows an optimistic stance.... Прочетете още
There is a big expectation for major central banks not to implement easing of monetary policy... Прочетете още
The Japanese government maintains its basic evaluation on domestic economy indicated in the monthly... Прочетете още
The European Central Bank is in the process of curbing inflation to attain the two percent... Прочетете още
The head of European Central Bank (ECB), Mario Draghi is possible to make a soft step since the ECB... Прочетете още
The U.S. Federal Reserve intends to curtail its balance sheet estimated $4 trillion or more in... Прочетете още
The British economy is expected to slow down this year, following its slowest pace since 2012... Прочетете още
China’s economy improved greater than anticipated for the second quarter at a faster pace since b... Прочетете още
Singapore’s export data upsurge more than anticipated at 8.2 percent in June compared to the p... Прочетете още
Fed Chair Janet Yellen said on Thursday that the 3 percent target of the current administration of... Прочетете още
The economy of Singapore rose for the second quarter as it narrowly missed the recession as the... Прочетете още
The Switzerland’s private financial institution Falcon now stores and trade bitcoins through their c... Прочетете още
The South Korea’s central bank kept its base rate steady, for the 13th consecutive month on T... Прочетете още
In Argentina, consumer prices climbed to 1.2 percent for the month of June according to the... Прочетете още
The industrial production of Italy had rebounded in May which gives hints that the growth of the... Прочетете още
The U.S. dollar against the Japanese yen reached a four-month high while both the bonds and the... Прочетете още
The economic leaders of the European Union held a meeting on Monday in Brussels, citing that euro... Прочетете още
Qatar holds reserves worth $340 billion that could prop up the country despite being secluded by... Прочетете още
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