Economic news

Semiconductor companies are worried about a problem they may face in the near future. It’s about a shortage of noble gases, which are necessary in the production of chips. The main supplier of neon was Ukraine. The termination of deliveries from this country will stop the process of recovery of the semiconductor industry. Manufacturers expect […]

The head of the US Central Bank, Jerome Powell, said that inflation is expected to rise in the country in the near future. This will be facilitated by the rise in prices for commodities and, above all, for energy carriers. Jerome Powell admitted that the Fed should have recognized the existence of such a problem […]

According to the updated forecast of the US Department of Energy, by 2050, the maximum price level for Brent will be $170, and not $173 per barrel, as its previous forecast had provided. In the agency’s baseline scenario, the price of Brent is expected at $90 against $95 per barrel previously expected. The low mark […]

According to statistics published by the European agency Eurostat, in January, retail sales in the euro area increased by 0.2% compared to December. According to Eurostat, a month earlier, the figure fell by 2.7%. According to economists, its January growth was expected at 1.5%. Over the twelve months, sales rose by 7.8%, which was also […]

Negative sentiment prevails on stock exchanges in the United States. Trades ended with a decrease in stock indices. Thus, Dow Jones fell to 33794.66 points or 0.29%. Trading on the S&P 500 index closed at 4363.49 points, which is 0.53% lower than the previous trading day’s close. The Nasdaq fell to 13,537.941, or 1.56%. In […]

At 08:18 Moscow time, a barrel of Brent oil was trading at $112.59, up 1.93% from the closing price on Thursday. A barrel of WTI oil rose to $110.14, or 2.29%. The day before, both oil brands fell in price by 2.2% and 2.7%, respectively. This was facilitated by news from Iran. As it became […]

One of the world’s most famous women’s underwear sales, the American company Victoria’s Secret has published a report for the IV financial quarter at the end of January. Quarterly results showed net income of $246.1 million, down about 13% from the same period a year earlier. Earnings per share of $2.7 beat the market estimate […]

The Ukrainian Statistical Office informed about the dynamics of industrial production in Ukraine in January. According to this data, at the end of the first month of this year, industrial production in the country increased by 2.9% compared to the same month of the previous year. At the same time, the volume of industrial production, […]

Inflation in Turkey continues to grow at an accelerated pace. The country’s statistics agency said consumer prices rose 54.4% in February from a year ago. A month earlier, inflation in the country was at the level of 48.7%. Analysts predicted its growth in February to 53%. The leaders in terms of price growth were transport […]

The American Central Bank published the Beige Book. It provides an assessment of the state of the economy in various regions of the country. The review notes that different regions of the United States showed modest to moderate growth rates at the beginning of this year. Almost all survey participants stated two main problems. The […]