Quotes of American construction companies rose steadily on Friday after Fed Chairman Jerome Powell's speech at a symposium in Jackson Hole, where he admitted the possibility of an interest rate cut as early as September.Shares of Rocket Companies jumped by 8%, Mr. Cooper Group and Beazer Homes added 6% each, KB Home and Lennar — 4% each, and PulteGroup and D.R. Horton — 3% each.Powell noted the continuing inflation risks, but also pointed to a weakening labor market, which investors took as a si... Více
Alibaba Group Holding intends to invest $2 billion in Turkey, including in the construction of new... Více
Economists warn that the sluggish Chinese economy may negatively affect other countries, especially... Více
ECB President Christine Lagarde said that the base interest rate will be maintained at a relatively... Více
Oil prices continue to rise on Thursday amid the weakness of the US dollar. The current price... Více
The largest lithium deposit in the world has been discovered in the USA – inside an ancient s... Více
The European Central Bank has decided to increase the key interest rate by 0.25% to 4.5%.From... Více
On Wednesday morning, the dollar index is slightly declining, but the US currency is strengthening... Více
On Wednesday morning, the price of gold is slightly declining, as investors are waiting for the... Více
Prices for key oil brands continue to rise, reaching the highest levels since... Více
Europe managed to get away from Russian gas, although it was partially replaced by supplies from... Více
In August, the annual inflation rate in Egypt reached new record levels, amounting to 39.7%. The... Více
This morning, Tesla shares rose on Wall Street after investment bank Morgan Stanley raised their... Více
The head of the Central Bank of Japan, Kazuo Ueda, said that the regulator does not exclude the... Více
The European Commission has published its summer economic forecast, which emphasizes that the... Více
On Monday morning, oil prices remain stable in the area above $90 per barrel. The current... Více
The UN has agreed to Russia's conditions for resuming the grain deal, the German newspaper Bild... Více
The main stock indexes in Europe are falling on Friday amid investors' withdrawal from risk due to... Více
According to the final data of the German Federal Statistical Office, in August consumer prices... Více
US stock indexes ended trading lower on Wednesday as investors assessed the rise in oil prices and... Více
Members of the European Central Bank have warned investors expecting that the bank will not raise... Více
Chinese Internet company Tencent Holdings plans to introduce a new chatbot developed on the basis... Více
Oil prices showed a moderate decline on Wednesday, after they reached the highest levels since... Více
In July of this year, producer prices in the eurozone decreased by 7.6% compared to July last... Více
Saudi Arabia extends the voluntary reduction of oil production by 1 million barrels per day until... Více
On Tuesday, oil prices of benchmark brands are moving in different directions near multi-month... Více
Experts predict that the continued persistence of high interest rates in major world economies may... Více
According to Eurostat data, by the end of June 2023, the volume of Russian oil imports to the EU... Více
Inflation in Turkey continues to accelerate, reaching its highest level in eight months in August.... Více
Benchmark oil prices continue to remain at high levels, despite slight fluctuations at the... Více
According to the oilfield services company Baker Hughes, in August 2023, the number of operating... Více
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