Mr. Schnabel, the ECB executive, agreed with investors' bets on the ECB's next rate rise. Mr. Schnabel said borrowing costs were already at levels that would remain appropriate for some time barring fresh shocks, while consumer spending, business investment and heavy government spending on defence and infrastructure would still boost the economy. The German hawk noted that economic and inflation risks were skewed to the upside. She hinted that in...
European Central Bank Executive Director Schnabel said that global interest rate hikes may come sooner than people think. (Golden Ten)
A spokesperson for the Kremlin said that there is still a long way to go to resolve the Russian-Ukrainian conflict. Click to view...
Gold ten futures January 27th, according to the Shanghai shipping exchange data, as of January 27, 2025, Shanghai export container settlement freight index (European routes) reported 2466.36 points, down 11.5% compared with the previous period.
Rostin Behnam, chairperson of the US Commodity Futures Trading Commission (CFTC), will step down as chairperson on January 20 to make way for future appointees to President-elect Donald Trump. In his final public speech at the Brookings Institution this week, he devoted much of his talk to cryptocurrencies and the need to elevate the CFTC as its regulator. Rostin Behnam watch...
Gold Ten Futures, December 9, according to data from the Shanghai Shipping Exchange, as of December 9, 2024, the Shanghai Export Container Settlement Freight Index (European routes) reported 3032.96 points, an increase of 7.2% compared with the previous period.
Gold Ten Futures December 6th, according to the Shanghai Shipping Exchange data, as of December 6, 2024, Shanghai export container freight index (composite index) reported 2256.46 points, up 22.63 points compared with the previous period.
Gold Ten Futures, November 25th, according to the Shanghai Shipping Exchange data, as of November 25, 2024, Shanghai export container settlement freight index (European routes) reported 2861.60 points, up 3.2% compared with the previous period.