PMI: The economic decline slowed down in May

22 May, 2020

Preliminary PMI indices for May published today indicate a slowdown in the economies of Japan, Australia, the Eurozone and the UK (US data will be published in the second half of the day).

The indices showed a friendly growth since April historical lows, but at the same time they are still at levels corresponding to a deep recession.


Source  
Brexit agreement signing ceremony31 Dec, 2020  

The African Republic of Angola will act as chairman of the OPEC conference in 2021, replacing Algeria in this role. In particular, Angola's Minister of Mineral Resources...

The printing press in the USA will work to the bitter end18 Dec, 2020  

The printing press in the United States will work to the bitter end - this is the position taken by the American regulator. The Open Market Committee of the US Federal Reserve...

Market Watch. Interest in risk has increased14 Dec, 2020  

With the opening of the European trading session, the demand for risk continues to increase, due to two very strong fundamental factors. First, negotiations...


The oil rally continues11 Dec, 2020  

The oil market continues to fly to new highs, despite the decline in consumption in the US and Europe. At the auction on Thursday, Brent quotations in London...

Brexit at risk of failure7 Dec, 2020  

I will start today's review with one of the most unexpected and resonant news - Britain is ready to leave the EU without a deal. This news was spread by quite...

The ECB has lost the battle of printing presses4 Dec, 2020  

The euro is again rapidly rising in price in forex and renews highs in two and a half years, despite the efforts of the European Central Bank. On Thursday...


Biden cancels the trade war with China24 Nov, 2020  

Of the interesting events in the world of politics, it should be mentioned that Joe Biden, the newly elected US President, will return the country to the WHO, and also talks...

Dependence on the COVID-19 vaccine17 Nov, 2020  

The current week started with optimism in the stock markets. So the main European and American stock indices show steady growth, thereby indicating an increase...

France is ready to close the country29 Oct, 2020  

Today we'll start with some very unpleasant news. We have already noted a rapid increase in the number of cases in France. Only according to official data, more than...