The European Union announced its first step towards establishing a club that brings together natural gas buyers from sellers by introducing a tool called AggregateEU, in order to avoid a wave of price hikes similar to those that hit energy markets during the past year.
Asian stocks witnessed a decline at the beginning of trading on Thursday, April 20, after investors analyzed the varying profits of companies, coupled with signs indicating the continued strength of the US economy, which increases expectations of interest rate hikes.
Monetary policy makers in China are awaiting the effects of the previous easing steps for the Chinese economy, as it builds that the recovery of the Chinese economy is on the right track and as planned by the Chinese government, after China pumped the least amount of medium-term cash into…