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
Annual inflation in China, according to official data, accelerated in September to 3% from 2.8% a month earlier. September's inflation rate was the highest in almost six years and exceeded economists' forecast of 2.9%. Compared to the previou... Read more
During the period when protests broke out in Georgia and the Russian Federation stopped air traffic with Georgia, the Georgian currency weakened significantly. By September 21, the U.S. dollar had risen to its highest ever level of 2.9759 lari, compa... Read more
More than 1,200 Chinese companies have published their forecasts for financial performance for the 3rd quarter. Almost 44% of these companies expect the reporting to deteriorate. They are forecasting a decline in profits. And those companies that com... Read more
