October 9 2022 🕓 2 min
Ukrainian economy down about 30%
Of course, the fall is mainly due to the Russian invasion. But also worse harvests and problems with the nuclear power plant.
Tag: europe
October 9 2022 🕓 2 min
Massive drop in demand for chips incoming?
Chip shortages have recently constrained the production of a large number of companies. Is the period of high demand now coming to an end?
October 7 2022 🕓 3 min
DAX awaits US jobs data at crucial level
We could see some nice movements after today's US jobs report, with the DAX index sitting at key support heading into the release.
October 6 2022 🕓 3 min
EUR/GBP stays above significant support
So far, the 0.87 support has held, offering some nice momentum for the bulls.
October 5 2022 🕓 2 min
Poland surprisingly does not raise its interest rates
Neither the neighbouring Czech Republic nor Hungary are likely to raise rates. Is this the end of interest rate hikes?
October 5 2022 🕓 2 min
Azerbaijan urges to increase gas pipeline capacity to Europe
Azerbaijan has begun talks with partners to double the capacity of its gas pipelines to Europe. Could this be a lifeline for Europe?
September 29 2022 🕓 3 min
DAX erases Wednesday’s gains, remains bearish
Another batch of week data and rising inflation sent EU stocks lower.
Audio article September 29 2022 🕓 3 min
UK records highest food inflation in history
Food prices are rising globally along with energy prices. The UK is now seeing the highest rate of inflation in this category.
September 28 2022 🕓 3 min
EUR/USD remains offered, targets 0.95
It looks like another bearish day for the single currency as the USD remains unstoppable.
Audio article September 28 2022 🕓 3 min
Severe explosions damage Nord Stream pipelines
Swedish and Danish gauging stations massive underwater explosions where the Nord Stream pipeline subsequently started leaking gas.
September 25 2022 🕓 2 min
Poland has enough gas and coal for the winter
Poland has secured supplies of natural gas and coal for the upcoming winter heating season. It managed to do so without Russian supplies.
September 24 2022 🕓 2 min
Mercedes is making parts to stock up – afraid of gas
Mercedes-Benz is worried about possible gas rationing in the winter. It is therefore manufacturing parts for inventory.