In February, the average rates on yuan deposits in the largest Russian banks fell below 4%. For three-month deposits, they amounted to 3.38% per annum, for semi–annual deposits – 3.66%, and for annual deposits – 3.85%. These are the lowest values since September 2024, when rates began to decline after peaking at 5.32% per annum…
The capitalization of the crypto market has reached $3.355 trillion (+$67 billion). The share of bitcoin is 58.0%, ether – 9.7%. The fear and greed index rose from 43 to 47, reflecting neutral investor sentiment. Trading on February 10 for BTC/USDT ended with an increase of 1%, to $97,430. Bitcoin’s movement continues to correlate with…
The leading digital asset has slightly declined over the past few days but remains afloat. Bitcoin is striving to recover lost ground. Analysts say that BTC is succeeding. On Monday, February 10, Bitcoin opened with a drop followed by a recovery. The asset traded at $96,752 in the morning before rising to $97,650. Over the…
Gold prices are poised for further gains as they capitalize on heightened geopolitical tensions. In the current environment, gold continues to climb, reaching new highs and overcoming various obstacles. Investors are increasingly turning to gold as a safe-haven asset, driven by fears of an escalating trade war. Additional support for gold prices comes from expectations…
The dollar hit an 8-week low against the yen and a 1-month low against the pound amid declining investor concerns about inflationary risks related to Trump’s trade policy. The Japanese yen strengthened due to expectations of an interest rate increase by the Bank of Japan. Representatives of the regulator supported a further increase in the…
Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw materials and improved refining margins in the region. Sanctions against Russian oil have forced Asian refiners to look for alternatives,…
The heads of the Federal Reserve Banks of Boston and Atlanta, Susan Collins and Rafael Bostic, believe that given the uncertainty in the US economy and politics, there should be no rush to lower the base interest rate. Collins noted the importance of a cautious approach in monetary policy, pointing out the prematurity of sudden…
Gold has once again delighted its investors by reaching a new record high. The precious metal is benefitting from the tense geopolitical climate caused by the ongoing trade tensions between the U.S. and other countries. The precious metal is actively attracting investment as people seek safe assets amid renewed worries of a trade war between…
Belgium has launched a new government led by Flemish nationalists from the N-VA party, which won the elections eight months ago. For the first time in the country’s history, the post of Prime Minister of the federal government was occupied by N-VA leader Bart De Wever. The formation of the cabinet was completed after an…
In early February, the U.S. stock market faced pressure following the announcement of new import tariffs by President Donald Trump. This decision to impose duties on goods from key trading partners raised concerns among investors about potential negative impacts on the global economy. As a result, the Dow Jones index dropped by 613 points, which…