September 22 2022 🕓 3 min
How are central banks behaving now?
Central banks around the world are now announcing the results of their meetings. There were surprises in Switzerland, for example.
Tag: europe
September 21 2022 🕓 3 min
EUR/USD drops below 0.99 ahead of FOMC decision
This week has been characterized by geopolitical tensions between Russia and NATO, as well as the upcoming Fed meeting.
September 21 2022 🕓 2 min
EC wants to withdraw €7.5 billion from Hungary
According to the EC, Hungary is not doing enough to fight corruption and is problematic in awarding public contracts.
September 21 2022 🕓 3 min
Are we seeing a coal rush?
Buyers, mainly from Europe, are scrambling for shipments of thermal coal around the world. This opens up new import options.
September 18 2022 🕓 2 min
Europe can get Russian gas through Nord Stream 2
President Vladimir Putin says that Russia is not to blame for the energy crisis in Europe. Gas can once again flow through Nord Stream 2.
September 15 2022 🕓 3 min
EC to limit revenues of electricity producers
The European Commission is proposing to limit the income of non-gas electricity producers, who have recently made large profits.
September 12 2022 🕓 2 min
Hungary rejects capping of Russian gas prices
According to Hungary, the move is contrary to their interests. It would lead to an immediate cutoff of Russian gas supplies.
September 11 2022 🕓 3 min
More help for Ukrainian grain exports?
The French transport minister said he would sign an agreement with Romania to help increase Ukrainian grain exports.
September 10 2022 🕓 2 min
Unexpected partnership of Rivian and Mercedes?
Rivian and Mercedes are planning to cooperate in a common factory in Central or Eastern Europe. Together they want to produce electric vans.
September 9 2022 🕓 3 min
EU STOXX jumps amid short-covering rally
Despite the recent barrage of hawkish comments and rate hikes, EU equities surged strongly today.
September 9 2022 🕓 3 min
ECB hikes rates, DAX falls 1.5%
The ECB has failed to spur any rally in the EUR, pushing both the single currency and the DAX index lower today.
Audio article September 5 2022 🕓 3 min
Germany plans a €65 billion aid package
Germany wants to relieve residents and businesses from soaring inflation and high energy prices with another €65 billion package.