Russia Cuts Rate Most in Five Years and Signals More Easing By Bloomberg
© Reuters. Russia Cuts Rate Most in Five Years and Signals More Easing (Bloomberg) — The Bank of Russia cut interest rates by the most in five years and signaled… Read more »
Tag: cuts
Crude Oil Price Hits Resistance as OPEC+ Cuts Hang in Limbo
CRUDE OIL PRICE OUTLOOK: OPEC+ CALL LEAVES SAUDI ARABIA, RUSSIA PRODUCTION CUTS IN QUESTION Crude oil price action clashes with technical resistance following the latest OPEC+ call Saudi Arabia shied… Read more »
Crude Oil Price Hits Resistance as OPEC+ Cuts Hang in Limbo
CRUDE OIL PRICE OUTLOOK: OPEC+ CALL LEAVES SAUDI ARABIA, RUSSIA PRODUCTION CUTS IN QUESTION Crude oil price action clashes with technical resistance following the latest OPEC+ call Saudi Arabia shied… Read more »
ECB cuts 2020 GDP forecast to -8.7%, lowers inflation forecasts
The latest forecasts The baseline is -8.7% this year with a 5.2% rebound in 2021 and 3.3% in 2022. The March forecast was +0.8% for this year. 2021 +5.2% vs… Read more »
Saudi Arabia Commits to More Oil Cuts
Weekly inventory numbers will be released later on Tuesday by the American Petroleum Institute. The U.S. Energy Information Administration will be releasing its numbers on Wednesday. Oil futures edged higher… Read more »
Sterling Cuts Gains as Analysts Flag Further Coronavirus Economic Woes Ahead By Investing.com
© Reuters. By Yasin Ebrahim Investing.com – The pound erased the bulk of its gains against the dollar on Wednesday as timid inflation data and worries of a deeper coronavirus… Read more »
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68… Read more »
Mexican central bank cuts rates by 50 basis points in surprise move
Banxico with a cut Rates lowered to 6.00% from 6.50% in unscheduled move. The USD/MXN chart is an interesting one. It blew up in March and has been consolidating around… Read more »
ConsenSys Cuts, DForce Faces Doom, ATMs Boom – CoinDesk
A weekend hack drained funds from a popular decentralized finance application, Ethereum incubator ConsenSys is laying off about 90 employees and bitcoin ATMs are seeing growth during the coronavirus contagion… Read more »
Crude Oil Prices Sink Despite OPEC+ Cuts, 1998-Low Nearing Next?
Crude Oil Prices, WTI, OPEC, 18-Year Low – Technical Forecast Crude oil prices sink over 20% in another dismal week despite OPEC+ cuts WTI at 18-year low testing support that… Read more »