WTO lowers global forecast

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Source: Dukascopy Bank SA
On Tuesday, the World Trade Organization announced that it would decrease its forecasts for 2022 global trade volumes.
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Wed, 13 Apr 2022 08:03:10 GMT

RBNZ hikes interest rates by 0.50%

On April 13, the Reserve Bank of New Zealand hiked interest rates. The markets expected a 0.25% hike that would increase rates up to 1.25%. However, the bank hiked 0.50%, which put the Official Cash Rate at 1.50%.

Wed, 13 Apr 2022 08:30:05 GMT

German bank stocks drop due to stock sale

This week, the stock prices of Deutsche Bank and Commerzbank dropped due to an undisclosed stock holder selling more than 5.00% of the total stock of the two banks.

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