The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett. The preparation of a discussion on these innovations coincides with a planned meeting of industry representatives with President Donald Trump at the White House.Bessent clarified that at first, the reserve will be formed at the expense of confiscated digital assets. Subsequently, it is planned to explore... Read More
The outlook of eurozone rates is presumed to continue increasing by 1.7 percent annually until 2020... Read More
Japan’s manufacturing activity grew in October at the quickest rate in about half a year as new e... Read More
The German economy drops in the third quarter as they struggle due to declining in the car... Read More
The economic growth of China rose at a slower rate of 6.5 percent in the third than a year ago,... Read More
Exports of Japan dropped in September for the first time since 2016 due to lesser shipments to... Read More
Japanese manufacturers’ confidence grew in October but the forecast for the next quarter is for it t... Read More
The Industrial output in the eurozone has exceeded expectations in August after its negative... Read More
A strong domestic demand will push the increase of German growth by 1.8 percent for 2018 and the... Read More
China’s export rose at a slower rate in September dropped down at a slower rate in September, i... Read More
Investor’s confidence in the eurozone dropped more than the forecast in October based on the survey ... Read More
China’s service sector rose at the quickest pace in July quarter due to pick-up in demand according ... Read More
Household spending rose in August at the fastest annual rate in three years due to higher... Read More
The US services sector grew to a 21-year high in September, supporting employment of most companies... Read More
German services growth reached an 8-month high in September based on the survey on Wednesday which... Read More
The central bank of Australia has been going steady for the 26 consecutive months on Tuesday,... Read More
The manufacturing activity of Japan grew steadily in September based on the revised survey on... Read More