Oil prices fell about 2% during trading on Monday, amid the market's anticipation of the liberation of the strategic oil reserves announced by the member states of the International Energy Agency, with the continued closures in China due to the…
Continue ReadingSterling falls against the euro following the release of ECB minutes. Sterling fell against a stronger euro on Thursday, as the minutes of the European Central Bank's March meeting were more hawkish than expected. At their March 10 meeting, ECB…
Continue ReadingRomania's central bank raises the key interest rate to 3%, predicting higher inflation. On Tuesday, Romania's central bank raised its benchmark interest rate by half a percentage point to 3%, predicting that inflation would rise faster than expected due to…
Continue ReadingSouth Korea has taken new measures to counter the inflation caused by high oil prices, by increasing the fuel tax cuts that began in November for a period of 6 months and intends to extend them for another 3 months.…
Continue ReadingGerman government bond yields rose on Friday, following their biggest monthly jump in years in March, on expectations of rising inflation and tightening monetary policy. Some analysts believe Germany's 10-year yield will remain near current levels in the short term,…
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