Although China imposed duties on almost all US imports in response to Washington’s actions, American oil was not subject to restrictions. But it seems that market participants have themselves decided to refrain from purchasing oil for now. US crude shipments to China “stopped completely,” said Xie...

Stock markets in the Asia-Pacific region fell on the first working day of the week following the fall of the Chinese market. The Chinese indices Shanghai Composite and Shenzhen Composite collapsed in a day by 3.72% and 3.83%. Trading on the sites resumed on Monday after a week break due to...

Switzerland has automatically started to share data of bank account holders in its country with the governments and tax authorities of many countries which officially brings an end to the era of secrecy surrounding the thousands of Swiss bank accounts where mostly wealth individuals and firms from...

The European Commission does not exclude the possibility of the United States imposing new duties on automotive products imports from the European Union, and is preparing to respond to the rules of the World Trade Organization (WTO) in this case, said European Commissioner for Trade Cecilia...

In the second quarter of 2018, housing prices in the euro zone increased by 4.3% compared with April-June 2017, after a 4.5% increase in the first quarter, according to data released by Eurostat. In relation to the previous quarter, the price increase accelerated to 1.4% after a 0.5% increase in...

The Association of German Banks (Bankenverband, BdB) called a significant slowdown in private investment the weakness of the German economy and slightly reduced the forecast for GDP growth for 2019, reports Reuters. Now the association predicts a 1.8% growth in Europe’s largest economy compared...

Despite the sharp drop in portfolio investment volumes, the total inflow of non-resident funds to emerging markets this year could reach $ 1.1 trillion against $ 1.26 trillion in 2017, predicts the Washington Institute of International Finance. The net inflow volume will amount to $ 177 billion...

By the end of September, inflation in Turkey reached 24.5% year on year. Economists attribute the rise in prices to depreciation of the Lira, which has fallen by 40% against the Dollar since the beginning of the year. According to data of the Central Bank of Turkey for September, the basic consumer...

Market participants and analysts are focused on forthcoming reduction in oil supplies in connection with US sanctions against Iran, which will be introduced in November. However, the market faces a more disturbing problem. Experts predict that unless large oil fields are opened in the near future,...