Financial news

26.06.2019 11:01:02

A group of billionaires has proposed a tax on wealth in the United States

A group of American billionaires appealed to US presidential candidates in the upcoming elections in 2020 with a call to impose a wealth tax in the country. They were convinced that new taxes should come from the richest US citizens, and not ...
26.06.2019 11:01:02

A strike at the Codelco mine could deprive the market of 10 thousand tons of copper

A strike at a copper mine in northern Chile, which belongs to the world's largest copper producer Codelco, which began in mid-June, may lead to the fact that ten thousand tons of this metal will not enter the world market., Bloomberg reported. ...
26.06.2019 11:01:02

US consumer confidence declined in June

In the US, consumer confidence fell to a minimum level since September 2017. According to the Conference Board, the corresponding index in June was 121.5 points, down from the May value of 131.3 points. Forecasts of economists suggested a decrease ...
26.06.2019 11:01:02

New home sales in the US fell by 7.8% in May

In May of this year, 626,000 new homes were sold in the United States. According to the US Department of Commerce, the figure compared with the previous month fell by 7.8% to its lowest level since January of this year. The fall in sales was ...
26.06.2019 11:01:02

China's car exports have declined by 4.9% since the beginning of the year

From the beginning of the year to May, China shipped 392,000 cars abroad. According to the China Association of Automobile Manufacturers, the figure fell by 4.9% compared to the same period last year. 259 thousand passenger cars were shipped ...
26.06.2019 11:01:01

Wholesale sales in Canada increased by 1.7% in April

Wholesale sales in Canada reached $65.3 billion in April, the rise for the fifth consecutive month. April's growth was at the level of 1.7%. At the same time, 5 of the 7 sectors showed an increase in sales. The largest growth was recorded in ...
24.06.2019 11:01:32

Oil finished the week with active growth

The conflict between Iran and the United States has increased the risks regarding oil supplies from the Middle East, which pushed oil prices to rise at the end of last week. Over the week, Brent crude has risen in price by 5%, WTI - by almost ...
24.06.2019 11:01:32

Citigroup predicts a rise in gold prices to 1 thousand 600 dollars in the next 12 months

Citigroup analysts believe that in the coming year, the price of gold could reach $1,600 per troy ounce if the US Federal Reserve reduces the base interest rate to zero and resumes the asset-buying program. On Friday, in the course of trading, ...
24.06.2019 11:01:32

US secondary housing market recorded a 2.4% increase in sales in May

In the US secondary housing market, 5.34 million homes were sold in May, which is 2.4% more than in the same month a year earlier, the National Association of Realtors reported. Economists estimate that the figure was expected to be at the ...
24.06.2019 11:01:32

Chinese Bitmain again plans to hold an IPO due to the rise in Bitcoin's price

Bitmain Technologies told about the resumption of plans for the initial public offering of its shares. As informed sources told Bloomberg, the world's largest maker of equipment for cryptocurrency mining came to this decision amid Bitcoin's ...
24.06.2019 11:01:32

British IQE warns of serious damage from sanctions against Huawei

On Friday, the British semiconductor manufacturer IQE published a forecast for the first half of the year and the whole of 2019, in which it stressed the risks that have increased based on expectations of serious consequences for other companies ...
24.06.2019 11:01:32

Annual inflation in Japan slowed down to 0.8% in May

In Japan, in May, a slowdown in annual inflation was recorded, which does not take into account the price of fresh food, to 0.8% from 0.9% in the previous month. This was reported by the Ministry of Internal Affairs and Communications of Japan. ...
24.06.2019 11:01:32

Bitcoin rate for the first time since March 2018 exceeded 11 thousand dollars

According to the trading on Saturday, for the first time since last March, the price of Bitcoin exceeded 11 thousand dollars. According to CoinMarketCap, by 15:29 Moscow time, the price of Bitcoin reached 11 thousand 33 dollars, an increase ...
24.06.2019 11:01:32

Retail sales in Canada rose for the third consecutive month in April

In April, Canadian retail sales totaled 51.5 billion Canadian dollars. As shown by official data, the growth rate compared to March was at the level of 0.1%. At the same time, the indicator, which does not take into account cars and spare parts ...
24.06.2019 11:01:32

The index of business activity in the euro area rose in June to a maximum 7-month level

The private sector of the euro area in June showed the fastest growth in the last 7 months due to the rise in the services sector. According to preliminary data from Markit Economics, the composite index of business activity in the industrial ...
24.06.2019 11:01:32

Production activity in Japan declined in June

The continued decline in manufacturing activity in Japan is due to weak orders in the country. According to IHS Market, the business activity index in the manufacturing sector in Japan was 49.5 points in June, down from the May value of 49.8 ...
20.06.2019 13:01:03

Japan's exports fell in May for the sixth consecutive month

Japan has recorded a decline in exports for the past six months, which is caused by the continuing tension in world trade. According to the country's Ministry of Finance, in May, exports decreased by 7.8% from the same month a year earlier ...
20.06.2019 13:01:03

Adobe's quarterly results exceeded forecasts thanks to cloud service

Following the results of the second financial quarter, American software developer Adobe has reported a 22% growth in revenue for the digital media segment to 1.89 billion dollars, finversia.ru reports, referring to the company's statements. ...
20.06.2019 13:01:03

Apple plans to transfer 15-30% of production capacity outside of China

The American corporation Apple, in the framework of the planned large-scale restructuring of the supply chain, intends to transfer 15-30% of its production capacity outside of China - to Southeast Asia. The company asked for an assessment of ...
20.06.2019 13:01:03

Google to invest $1 billion in housing construction in San Francisco over the next 10 years

Google CEO, Sundar Pichai, told about the plans of the corporation to invest in housing construction in the San Francisco Bay Area over the next decade Bay area. According to him, $750 million will be allocated for the construction of about ...
20.06.2019 13:01:03

Chinese companies concern about dollar shortage and sell overseas assets

Large Chinese companies with high levels of debt and foreign investment have recently been selling off their assets in connection with China’s struggle with risky loans and overseas transactions. According to the South China Morning Post, ...
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