Economy News

S&P Global Ratings and Moody's Investors Service change downwards the ratings on about $1B of the company’s debt at the fastest pace...

Market Recap Yesterday morning I suggested that the end of Q1 and the portfolio rebalancing flows would give us a clearer view of what the...

Market Recap No need for an April Fool’s joke this year – it feels like my whole life is an April Fools’ joke, and later today...

Goldman Sachs suggests that the U.S. economic downturn in Q2 will be much larger than previously estimated, and unemployment rate will grow more...

The U.S. dollar strengthened against a range of currencies on Tuesday amid demand from Japanese companies due to the end of the fiscal year, while...

Gold was on track to start the week on negative territory on Monday, as stocks and the greenback tried cautiously to resume growth against the...

The DAX 30 index started session in red, but managed to recover and gained 0.43 percent slightly to trade higher 9,700 on Monday afternoon, after...

Gold price is pulling back on Friday after five days of growth, but remained on way for the largest weekly growth in more than 11 years amid demand...

As the infection pandemic unleashes great ambiguity and risk on the population and economy globally, leading provider of cars focused forecasting...

The Bank of England has held the key rate at an all-time low of 0.1 percent during its planned March meeting, promising also to increase again the...

Gold prices fell slightly on Wednesday, while markets were awaiting adoption of a $2 trillion economic support package by the U.S. Congress seen as...

The price of palladium soared by 12 percent on Tuesday, to a record pace since 2000, after quarantine was announced in South Africa, the largest...

Gold prices went up after the Fed’s unprecedented moves to support the U.S. economy from Covid-19 shock. Goldman Sachs Group analysts...

Turkey’s currency went down on Monday hitting its weakest level since September 2018 as a surge in coronavirus cases at home putting its...

The price of gold gains momentum, while platinum went up by almost 5 percent on Friday amid a sharp recovery of precious metals after the...

The situation in the world economy is deteriorating so quickly that even the most authoritative organizations have to review macro forecasts on...

Gold price continued its movement downwards on Thursday, being on track to betray its status of a safe haven, as global shares rout triggers forces...

The German economy may contract in 2020 due to the impact of a coronavirus outbreak, German research institutes Ifo and DIW, as well as analysts at...

The policymakers of Australia slashed on Thursday borrowing cost repeatedly this montр, announcing about its readiness to use offbeat policy...

Taiwan and  Australia followed other countries financial help to air carriers as infection and more tight travel restrictions forced companies...

Goldman Sachs analysts on Tuesday sharply worsened the forecast for China's GDP for Q1 of current year and now expect a reduction in the...

The precious metals prices slumped sharply on Monday, with platinum easing more than a 1/4 of its value, touching its record low last time seen 17...

Goldman Sachs is confident that the longest bullish period in U.S. stock markets history will soon end. Bank analysts warn of a likely market...

Canada’s equity benchmark dropped sharply at the open on Friday as investors continued to dump stocks amid concerns over the economic impact...

Gold prices gain more than 1 percent on Thursday on the back of stocks fragility and a decrease in government bond yields due to concerns over the...

The U.S. dollar turned to be under pressure on Thursday, as the low yield of U.S. government bonds and the prospect of further easing of monetary...

ECB is developing measures to maintain liquidity to companies heavily affected by the Covid-19 outbreak, according to three sources familiar with...

The euro grew against the dollar on Monday due to increased expectations of interest rate cuts by the Federal Reserve later in March to support the...

The Japanese currency rose on Friday to a 1-month top versus the U.S. dollar as investors turned to safe assets amid growing fears over the virus...

Gold rates gain on Thursday, as fears over the spread of COVID-19 outside of China continue to spook selling in global markets, increasing demand...

The greenback dropped against the yen on Thursday, after reconfirmed case of Covid-19 infection of unknown origin in the U.S., reinforcing anxiety...

Eurozone financial markets have begun to fully estimate in their forecasts a decrease in the interest rate by the European Central Bank in...

The dollar continued to be under pressure on Wednesday, as rising expectations of a rate cut and warnings by U.S. health officials about the...

The U.S. dollar was approximately unchanged on Tuesday amid a sharp increase in expectations that the growing effects of a coronavirus outbreak...

Market participants worries over the impact of coronavirus on the global economy are intensifying, and with them the investors' risk aversion....

The Swiss franc, considered right a safe-haven in times of turmoil touched its highest level in 4 ½ years versus the fighting euro on first...

Asian currencies went down on Monday as the speedy Covid-19 spread outside China awakened worries over a pandemic and pushed investors towards safe...

The price of gold continues its strong rally of this week on the back of ongoing concerns over the virus developments. The rates managed to hit on...

The price of gold grew on Thursday managing to touch its highest level over seven years amid growing demand for safe-havens due to the news of...

The Japanese currency dropped against the dollar, reaching a 10-month low on Thursday, extending its previous session’s slump to register its...

The U.S. dollar grew against Asian major peers on Thursday, as a sharp decline in the Japan’s yen called into question its safe-harbor status...

The Japanese yen was the greatest mover within the G10 currency bunch on Wednesday, reaching a 9-month low as a lull in the number of new detected...