Browsing: Stocks

The Purchasing Managers’ Index has been in decline for seven consecutive months

Russia’s foreign currency reserves have continued to grow, surpassing $593 billion as of December 22, the country’s central bank has reported. 

Iran and Russia have officially abandoned the US dollar for mutual settlements after the countries finalized an agreement to trade in the ruble and the rial, Iranian news agency IRNA reported this week. The agreement was sealed during a meeting in Russia between the heads of the central banks of the two countries, the outlet said.

Most analysts polled by the newspaper believe the single currency bloc is already in a recession

The piece, which commemorates the 25th anniversary of the currency, was written by European Commission president Ursula von der Leyen

The US currency is used to undermine the competitive rights of other countries, Russia’s foreign minister says

Trading volumes were mostly low because of the absence of many foreign investors for Christmas and New Year holidays

Inflation, as measured by the personal consumption expenditures (PCE) price index, fell 0.1% last month after being unchanged in October

The euro was last down 0.5% at $1.0742, having traded around $1.07715 ahead of the payrolls numbers, near its lowest…

The yen fell against the dollar after staging its biggest rally in almost a year the day before Hannah Lang…