Investment companies can also manage non-public investment funds
At the meeting of September 22, the Board of the Central Bank of Armenia approved the project on making amendments and additions to the Resolution 332-N of the Central Bank of Armenia.
US stocks and bonds jump after inflation falls to 3.2%
US inflation fell more than expected to 3.2 per cent in October, the first decline in four months, prompting Treasury yields to fall sharply and Wall Street stocks to climb.
The yield on two-year Treasury, which moves inversely to prices, was down 0.21 percentage points at 4.83 per cent on Tuesday evening. The yield on the benchmark 10-year Treasury dropped to a three-month low of 4.43 per cent.
The S&P 500 rose 1.9 per cent, its biggest one-day jump since April. The Nasdaq Composite climbed 2.4 per cent.
ECB raises rates to record high
ECB signalled that the hike, its 10th in a 14-month-long fight against inflation, was likely to be its last.
Deutsche Bank Economists Expect Rate Cuts in the USA in 2024
Deutsche Bank strategists forecast the S&P 500 index to end next year 12% higher and surge to a record 5,100 point.
This page was last updated 15.11.2023 09:00
