Financial Market News

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Latest Economic News

France will present an emergency financial bill

December, 11 2024

The interim government of France will submit to Parliament an emergency financial bill that provides for the preservation of the 2024 tax policy and minimum government spending. This solution is temporary and serves more to maintain the status quo than to solve long-term economic problems.The uncertainty is caused by the lack of a clear majority in the National Assembly. The opposition agrees to support temporary measures, but remains divided on long-term solutions. Barnier's plan to reduce... Read More

Financial Market News

Latest Economic News

France will present an emergency financial bill

All News

European stock indexes decline after the United States

German inflation slowed to 6.4% in August

Wall Street closed in the red on fears of a new round of inflation

ECB keeps intrigue on monetary policy

China's Tencent will introduce its own analogue of ChatGPT

Oil prices are stable after rising to the highest since November

Producer prices in the eurozone in July fell at the fastest pace in 14 years

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?