Magazine for Forex Traders

Today the Central Bank of Japan announced its decision not to change the base rate and to keep it at the same level – minus 0.1 percent. The head of the Central Bank, Haruhiko Kuroda, said that despite the country’s strong economic growth, it is not advisable to give up incentives. Inflation should wait until […]

The summit will consider the search for new opportunities for the economic development of participating countries, as well as the management of the global economy and finance. In addition, it is envisaged to discuss how to revive global trade and investment between countries. According to the news agencies, the summit gave priority to bilateral meetings […]

OPEC in Algeria is over. According to news agencies, the exchange of views of the meeting participants led to a preliminary agreement on limiting the volume of oil production. Proposed to reduce the total oil production by 796 thousand barrels per day by OPEC member countries. The largest oil producer, Saudi Arabia, is ordered to […]

In her speech Elvira Nabiullina assessed the economic situation in the country. In particular, she said that Russia’s GDP will grow by 1.5-2 percent per year in the medium term. The growth rate may be higher if structural reforms are implemented. Nabiullina also noted that the implementation of measures to accelerate economic growth, proposed by […]

The International Monetary Fund held a conference. During her work, the head of the American Central Bank, Jerome Powell, gave a speech. He noted that investors should not expect any unexpected decisions from the Federal Reserve system. The interest rate will rise. However, this will happen gradually. The process of monetary policy normalization will not […]