Gold has approached its current level (in US dollars) four times since 1971 on an inflation-adjusted basis. More recently, two years ago, the face price was near $2,100/oz and we are now a little below $2,000/oz. It seems to me that there will probably be a breakout in the price of gold that will gain … Read more
– Haruhiko Kuroda, governor of Japan’s central bank The head of the central bank was convinced to the end that the weak yen was making Japanese products more competitive. – (Photo: Reuters) – – – – Tokio According to the Japanese central bank, the strong exchange rate fluctuations of the national currency, the yen, are … Read more
According to a study, German start-ups have caught up in a European comparison and are among the leaders when it comes to large-scale financing. Half of the ten largest injections of money from investors in Europe in 2021 went to local growth companies, according to a survey by the auditing company EY. “This is a … Read more
The Russian currency reached the level of 90 rubles per dollar yesterday. However, the exchange rate is worse on the interbank market. Negotiations between Ukraine and Russia will be crucial for the further development of the value of the Russian currency. The Russian ruble strengthened to RUB 90 per dollar during trading in Moscow yesterday, … Read more
Stock markets around the world are hit on Wednesday and Thursday. Fall. Maybe a bubble burst, even a “super bubble”. Stock market pessimists compete in gloomy predictions of what will happen after the end of the ongoing two-day meeting of the US Federal Reserve. The main result of the meeting will be known on Wednesday … Read more
The koruna broke the psychological limit of 24.30 koruna per euro on Wednesday afternoon in Central European Time. It strengthened below it for the first time since September 2012. According to Bloomberg, the koruna reached a rate of 24,292 crowns per euro. It thus slightly lagged behind its absolute maximum for the entire period of … Read more
– Passers-by in Cologne According to calculations by the Kiel Institute for the World Economy, the potential volume of work will fall from 2024. – (Photo: dpa) – – – – There are many indications that 2022 will be a good year for the economy. The recovery from the corona shock continues, financial and monetary … Read more
Not only the autumn intensification of the pandemic, but also problems with the supply of chips caused a significant weakening of the koruna a few weeks ago. But now she is shining for better times. In addition, it could receive another positive impulse from the CNB on Wednesday. The central bank is expected to tighten … Read more
NEW YORK (awp international) – The Dow Jones Industrial came under pressure again on Friday. While the US benchmark index had risen significantly in the middle of the week, skepticism has prevailed again recently. The Dow fell 0.90 percent to 35,573.85 points. On a weekly basis, this indicates a decrease of around 1 percent. The … Read more
Frankfurt / Berlin (dpa) – The separate collective bargaining for the public and private banks is going into the next round. The second date of negotiations for the 60,000 employees of state and development banks and several savings banks is set for this week. On Friday (September 24th) the trade unions Verdi and the German … Read more