June 2018

World oil prices rose on Wednesday during Asia trading due to increase threat of Venezuela export cuts, Reuters informs. However, the growth was limited among news that US government asked Saudi Arabia and some other members of OPEC to increase output.

Cryptocurrency sales increased this year to $9,1 billion exceeding total $6,6 billion for 2017, Reuters reports with reference to finance technology provider Autonomous NEXT. However, monthly data actually shows slowdown if two largest offerings are excluded.

Global shares growth that brought US equities to the highest level in 12 weeks yesterday, continues today. Stoxx Europe 600 index goes up for third day already. Today it grew by 0,1%. IT-companies and auto producers were leaders of this growth. Index DAX of Germany went up by 0,5%.

International Monetary Fund (IMF) noted on Monday that although Canada’s economy shows good results, it faces significant risks, including trade tensions and potential reduction in competitiveness due to US tax reform, Reuters reports.

There is one interesting thing noticed in the country that demonstrates negative interest rates.