Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Norges Bank: Regional network: Sharp decline in activity
According to Regional Network contacts, the Covid-19 outbreak and containment measures have led to a sharp fall in economic activity this spring. The oil price fall has contributed to amplifying the decline. Contacts expect a…
Bank of Russia: Talking Trends: gradual revival in…
The easing of anti-coronavirus restrictions that started in May is boosting a revival in economic activity in Russia, which is confirmed by a broad range of up-to-date figures and leading indicators. These findings are given in the new issue of the macroeconomic review Talking Trends prepared by the Bank of Russia’s Research and Forecasting Department. However, the economic recovery…
