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Bulgaria delays transaction to euro

Bulgaria became part of the European Union in 2007. Joining the banking union and the foreign exchange mechanism ERM II had to become the next stage planned for July of

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Monday begins with the drop of oil quotes

At 8 am Moscow time, Brent futures  fell 1.56 US dollars (6.26%) and were trading at around 23.37 US dollars per barrel. We recall that on Friday the asset decreased

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World stock markets: rally goes on

Today began with a positive trend for stock markets and the energy one. However, their participants believe that this recovery is temporary. After the increase of the US Dow Jones

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Huawei resumes full work

More than 135 thousand employees of the Chinese high-tech giant Huawei Technologies Co. have resume work that was stopped due to the coronavirus pandemic. The company employs about 150 thousand

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Benchmark crudes are adjusting after yesterday’s growth

The energy market began today’s trade with a fairly confident drawdown. The USA government has decided to provide assistance to the economy in the amount of almost $ 2 trillion.

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Eurozone PMIs are at historical lows

It’s no secret to analysts that the Purchasing Managers’ Index (PMI) is a great indicator of the healthy economy. Experts have estimated that for the current month this cumulative figure

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Apple capitalization falls below one trillion American dollars

By results of yesterday’s trading session, Apple Inc. shares fell 2.1%, closing at around 224.37 US dollars. Thus, the tech giant from Cupertino is no longer a member of the

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Gold breaks historical records for daily growth

Yesterday will definitely go down in the trading books. The most popular defensive asset has broken records. It’s about gold. Yesterday, precious metal futures increased $ 84.7 per ounce (5.7%)

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Airbus cancels dividend payments

A famous European aerospace giant Airbus has issued a press release. It reports that the company is withdrawing a proposal of dividend payment for 2019. Their total volume was to

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Experts believe US GDP will fall in the second quarter

The authoritative publication The Wall Street Journal has carried out a survey of leading US economists. Most experts have changed forecasts. Analysts agree that there will be large job losses

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