Tag: Business
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Oil eyes on US stock data
Oil slumped as hawkish statements from the Fed and investors await US crude stock data.
Oil tumbled as the Federal Reserve's governor supported raising interest...
Continuing tightening signal in Norway, which continues to increase interest rates
The Norwegian Central Bank increased the policy rate by 50 basis points, above the expectations, and signaled a possible increase in August.
Interest rate increases...
Housing starts in the US at the peak of more than a year
Housing starts in the US beat forecasts in May, reaching the highest level since April 2022.
Housing starts rose 21.7 percent to 1.63 million units...
Investment brake on some companies from the EU
The European Union (EU) has prepared a plan to prevent its companies from investing in sensitive technologies in countries like China.
The European Commission has...
Second rate cut from Hungary
Hungary, the country with the highest interest rate in the EU, cut interest rates in the second month.
The Hungarian Central Bank lowered the policy...