According to the preliminary assessment of IHS Markit, the composite index of business activity of the eurozone in October was 50.2 points. Its slight rise from 50.1 points in September indicates that the eurozone economy remains close to stagnation... Read more
American mortgage corporation Freddie Mac reported a significant weekly increase in mortgage rates. Thus, the average size of the mortgage rate for 30 years increased from 3.57% to 3.69%. And the mortgage rate for 15 years increased from 3.05% to 3.1... Read more
The October report of the Bundesbank, which he publishes monthly, indicates that the country's economy is likely to have entered a technical recession. The results for the third quarter are likely to show a decline in gross domestic product. And... Read more
Executive Director of the Dutch financial conglomerate ING Ralph Hamers told The Financial Times that if libra is launched without approval from financial regulators, banks may refuse to participate in this project Facebook. The main obstacle to obta... Read more
In an interview with CNBC, JPMorgan Chase CEO Jamie Dimon said that keeping negative rates for a long period could lead to negative consequences. He suggested that initially the application of negative rates helped to support the European Union and t... Read more
