News

Note: This section contains information in English only.
Mon, 11 Apr 2022 14:30:06 GMT

Bank of America issues warning

On Friday, in its weekly research note the Bank of America stated that the macroeconomic situation would deteriorate and push the US into a recession.

Mon, 11 Apr 2022 14:11:09 GMT

Natural Gas breaks 2021 high level

On Monday, the price for Natural Gas reached above the 2021 high level zone, as at mid-day the price even touched the $6.65 mark.

Mon, 11 Apr 2022 12:30:07 GMT

Germany subsidizes companies

Reuters has revealed that the German government intends to offer companies that have been impacted by the war in Ukraine more than 100 billion Euros in various aid forms.

Mon, 11 Apr 2022 11:10:30 GMT

Bank of Japan impacts Japanese Yen

On Monday, the Bank of Japan was the cause of an all-out decline of the value of the Japanese Yen. The USD/JPY surged more than 150 base points or 1.20% during Monday's first half of trading.

Mon, 11 Apr 2022 10:30:06 GMT

Volvo creates reserve fund

Due to the invasion of Ukraine by Russia, Volvo has revealed that the company would create a $423 million or 4 billion SEK reserve fund that should cover possible losses.

Mon, 11 Apr 2022 08:30:08 GMT

EU sanctions boost coal stocks

On Friday, the European Union adopted new sanctions on Russia, among which was a ban of coal imports. The news caused surge of US and European coal company stocks.

Mon, 11 Apr 2022 06:30:07 GMT

Food prices hit record high

The UN reported on Friday that global food prices reached a record high level during March by jumping 13.00%.

Fri, 08 Apr 2022 14:30:07 GMT

Yellen comments on Russia

On Thursday, the US Treasury Secretary Janet Yellen stated that Russia needs to be expelled from 20 and that the US would boycott G20 meetings.

Fri, 08 Apr 2022 10:30:05 GMT

Irish inflation hits record high

In March, inflation in Ireland had reached 6.7% on a year-on-year basis, which is the highest level observed over a period of 40 years.

Fri, 08 Apr 2022 08:32:41 GMT

Natural Gas reaches 2021 high levels

On Friday, the price for Natural Gas traded in the 6.40/6.50 zone, which marks the 2021 October high levels. A move above this zone would see the price reaching the 2014 high levels near 6.70.

Fri, 08 Apr 2022 08:30:05 GMT

ECB might increase rates

A Reuters poll revealed this week that the European Central Bank is likely going to increase the bank's deposit rate by the end of 2022.

Fri, 08 Apr 2022 06:30:06 GMT

Shell increases write-down

On Thursday, Shell revealed that the company would increase its write down of assets, which was caused by the exit from Russia, up to $5 billion.

Thu, 07 Apr 2022 14:30:05 GMT

Canada sets up investment attraction fund

Reuters reported this week that Canada would create a $12 billion fund that would attract private investment in green technologies.

Thu, 07 Apr 2022 13:22:00 GMT

Markets expect surge of CAD

This week, Reuters published poll results, which revealed that its survey participants expects the USD/CAD pair to decline to 1.2300 during 2022.

Thu, 07 Apr 2022 12:30:06 GMT

Nagel comments on ECB policy

This week, the European Central Bank policymaker Joachim Nagel revealed that the central bank could soon increase interest rates.

Thu, 07 Apr 2022 10:30:06 GMT

Oil executives defend high prices

US oil company executives appeared before US Congress on Wednesday and defended high fuel prices, which have remained elevated despite a decline in oil prices.

Thu, 07 Apr 2022 08:30:08 GMT

European equities experience outflows

Refinitiv Lipper revealed this week that last month European equity funds had experienced biggest outflows since March 2020.

Thu, 07 Apr 2022 06:30:06 GMT

Toyota cuts 2022 forecast

On Wednesday, Toyota announced that the company would decrease its 2022 new car sales forecast for the United States due to issues with supply chains.

Wed, 06 Apr 2022 18:00:06 GMT

US Federal Reserve releases Meeting Minutes

At 18:00 GMT on Wednesday, the US Federal Reserve released its Meeting Minutes, which revealed additional details on the world's top central bank's policy.

Wed, 06 Apr 2022 14:30:06 GMT

West Africa faces starvation

West African aid agencies revealed this week that due to the ongoing surge in food prices the region is set to face starvation.

Wed, 06 Apr 2022 12:30:07 GMT

Global bond sales aim at record

S&P Global Ratings has announced that the rating agency expects global state borrowing to reach $10.4 trillion in 2022.

Wed, 06 Apr 2022 06:30:09 GMT

Ryanair expects fare recovery

Ryanair revealed this week that the company expects this summer fares to be higher by up to 10.00%, compared to 2019.

Tue, 05 Apr 2022 14:30:06 GMT

China buys US corn

The US government announced this week that China had bought a record 1.084 million tonnes of US corn.

Tue, 05 Apr 2022 13:47:13 GMT

Natural Gas surges above $6.00

During Tuesday's trading, the price for Natural gas extended its 2022 surge, as the price reached above the $6.00 mark.

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