The ECB should be ready to reduce the cost of borrowing to just below 2% per annum in order to offset the risks caused by global trade conflicts, said Pierre Wunsch, head of the Central Bank of Belgium. According to him, the current economic uncertainty and the resulting shocks require additional support. As one of the steps, Wunsch mentioned a reduction in the deposit rate, which has already been reduced by the ECB from 4% to 2.25% since June last year.Wunsch's statements indicate a revision of... Read More
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On Friday, gold futures fell significantly in price, ending the week with a negative result against... Read More
Forecasts for the second half of the year suggest that bitcoin will continue to grow steadily in... Read More
The European Union is considering the possibility of imposing a full trade embargo against Russia... Read More
On Thursday, the gas market in the Netherlands and the UK saw an increase in prices caused by an... Read More
The Dubai Financial Authority has announced a partnership with the Crypto[dot]com platform, which... Read More
US President Donald Trump expressed hope that the trade and economic agreements reached with China... Read More
At a meeting of EU foreign ministers on May 15, Sweden plans to invite the association to join the... Read More
