News

Note: This section contains information in English only.
Thu, 16 Dec 2021 14:30:06 GMT

Google appeases regulators

Google announced on Wednesday that the company had submitted proposals to French regulators that would deal with disputes with publishers and news agencies.

Thu, 16 Dec 2021 12:57:35 GMT

Euro surges on ECB announcement

At 12:45 GMT, the Euro jumped against peer currencies, as the European Central Bank published its Monetary Policy Statement. The EUR/USD gained 28 base points or 0.25%.

Thu, 16 Dec 2021 12:30:07 GMT

Japan overstates economic data

This week, the Prime Minister of Japan Fumio Kishida stated that for years the Japanese government had overstated values of construction orders.

Thu, 16 Dec 2021 12:07:39 GMT

GBP surges due to Bank of England

At 12:00 GMT on Thursday, on the publication of the Bank of England Monetary Policy Summary, the value of the GBP immediately jumped on all GBP pairs. The GBP/USD surged by 75 base points or 0.56%.

Thu, 16 Dec 2021 10:30:09 GMT

Zoom joins counterterrorism group

On Wednesday, Zoom Video Communications joined Microsoft, Meta Platforms and other US tech companies in the Global Internet Forum to Counter Terrorism.

Thu, 16 Dec 2021 08:57:30 GMT

SNB keeps policy intact

On December 16, the Swiss National Bank published its Monetary Policy Assessment. In general, the bank kept its policy unchanged. The deposit rate would remain -0.75% and the bank would intervene into forex markets to push the value of the Swiss Franc down.

Thu, 16 Dec 2021 08:30:07 GMT

Scholz transforms German economy

The new German Chancellor Olaf Scholz announced this week that the German economy would be made ready for the future via digitalization and climate protection.

Thu, 16 Dec 2021 06:30:11 GMT

Netherlands invest in energy

This week, the government of the Netherlands announced that it would invest additional 35 billion Euros into carbon neutral energy, possibly including nuclear power plants.

Wed, 15 Dec 2021 19:03:32 GMT

USD jumps on Fed Statement

At 19:00 GMT, the US Federal Reserve published its Statement and Federal Funds Rate. The event caused an immediate surge of the US Dollar. The EUR/USD plummeted 34 base points or 0.30% immediately on the announcement.

Wed, 15 Dec 2021 14:30:15 GMT

IMF warns Bank of England

The International Monetary Fund issued a warning to the Bank of England that inaction on inflation could cause a 30-year-high price surge.

Wed, 15 Dec 2021 13:46:45 GMT

USD/CAD moves due to Canadian CPI

On Wednesday, at 13:32 GMT, the Canadian Consumer Price Index was published. The inflation measure hit the forecast of 0.2%. Due to that reason, the market reaction was muted, as the USD/CAD surged only 17 base points or 0.13%.

Wed, 15 Dec 2021 13:35:46 GMT

US Retail Sales beat down USD

At 13:30 GMT on Wednesday, the publication of the US Retail Sales caused a drop of the USD value. The EUR/USD surged 13 base points or 0.12% in the first five minutes after the data release.

Wed, 15 Dec 2021 12:30:08 GMT

Europe faces low gas inventories

Gas Infrastructure Europe has revealed that gas inventories in Europe could reach record low levels by the end of this winter due to low volumes from Russia and an early winter.

Wed, 15 Dec 2021 10:30:05 GMT

IMF addresses Bank of England

This week, the International Monetary Fund urged the Bank of England to give non-bank financial institution access to liquidity.

Wed, 15 Dec 2021 08:46:23 GMT

UK inflation causes rate spikes

On Wednesday, at 07:00 GMT, the UK Inflation data was published. The event caused a spike in the value of the GBP. However, the currency almost immediately returned to previous levels.

Wed, 15 Dec 2021 08:30:08 GMT

HSBC advises clients on coal

Reuters revealed on Tuesday that HSBC had advised its clients to have a plan to cut exposure to coal by the end of 2023.

Wed, 15 Dec 2021 06:30:06 GMT

Tesla accepts Dogecoin

Elon Musk posted on Twitter on Tuesday that Tesla would issue Dogecoin merchandise and sell it for Dogecoin.

Tue, 14 Dec 2021 14:30:07 GMT

Apple approaches $3 trillion value

On Tuesday, a potential continuation of the surge of the stock price of Apple could put the company's total market capitalization at $3 trillion.

Tue, 14 Dec 2021 12:30:06 GMT

Elon Musk sells stock

US securities filings have revealed that the CEO of Tesla Elon Musk had sold on Monday additional 934,091 Tesla shares. The total value of the CEO's stock sale had reached $13 billion.

Tue, 14 Dec 2021 10:30:08 GMT

Oil prices fall due to Omicron

During this week's trading, crude oil prices declined. The decline was attributed to the spread of the Omicron variant, which could cause a decrease in demand.

Tue, 14 Dec 2021 08:30:09 GMT

USD hits high level

On Tuesday, the US Dollar index fluctuated near a one week high level, as the Federal Reserve rate announcement was set to be published on Wednesday.

Tue, 14 Dec 2021 07:12:24 GMT

Asian stocks decline

During Tuesday's Asian trading hours, stock indices declined. The event was attributed to the spread of the Omicron coronavirus variant.

Mon, 13 Dec 2021 14:30:12 GMT

Shell moves to London

Shareholders of Royal Dutch Shell have voted in favor for ending the company's dual share system and a move of headquarters to London.

Mon, 13 Dec 2021 12:30:10 GMT

Microsoft wins antitrust case

Reuters revealed last week that Microsoft would gain the approval of EU regulators for a $16 billion bid for Nuance Communications.

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