Despite reaching a resistance level of $39 per ounce, silver has the potential to rise to new peaks, according to Solomon Global analyst Nick Cowley. He predicts prices will go up to $40 per ounce before reaching the August–September 2011 highs of $43.35 and $44.24.
Experts surveyed by Reuters suggest that American consumer prices likely rose in June. The US Labor Department's report is expected to show increased gasoline prices and higher costs for some tariff-sensitive goods last month.
Bitcoin slipped more than 3%, falling below the $118,000 level, after surpassing the $123,000 mark for the first time in history the day before. The sharp fall came amid profit taking by investors who had earlier entered the market anticipating progress in regulating the crypto industry in the US.
In June, China recorded its highest oil refining volume in nearly two years as domestic refineries ramped up operations after seasonal maintenance. According to Bloomberg, the surge was driven by national companies seeking to capitalize on favorable diesel market prices.
According to Jeremie Peloso, Chief Europe Strategist at financial advisory firm BCA Research, the euro is in the early stages of a multi-year bull market that could eventually take EUR/USD to 1.40.
As noted by Reuters columnist Mike Dolan, we can now expect a significant rebalancing of US investment portfolios toward foreign stocks. The key catalyst for this, in his view, is a 10% weakening of the dollar against major currencies in the first half of 2025.
A new study by the Federal Reserve Bank (Fed) of San Francisco warns that although Donald Trump's tariffs may boost US manufacturing jobs in the medium term, they will ultimately reduce overall employment and corporate profits nationwide.
Goldman Sachs has increased its oil price forecast for the second half of 2025, projecting Brent crude to average around $86 and WTI crude at $83 per barrel. The revision reflects concerns over potential supply disruptions and declining OECD petroleum inventories.
The price of silver keeps growing impressively, approaching a 14-year high. According to Macquarie analysts, the metal's value could peak by 2026.
Five senior European Central Bank officials said that the US President's threat to impose 30% tariffs on European imports complicates the regulator's decision-making process. However, they said this is unlikely to derail plans to pause rate cuts next week.
The world of business and finance is constantly changing. What trends and directions are relevant today? The answer to this question is key to successfully navigating in a trading and investment environment and better assessing the risks involved.
The global economy can be greatly impacted by major events, causing stock markets and exchange rates to plummet. The repercussions of one nation's crisis may extend to other countries, creating a butterfly effect with far-reaching consequences. While these events may be frightening for some, traders and investors use them as a chance to generate profits amidst a crisis.
Financial institutions act as intermediaries between borrowers and lenders. This group typically includes banks, as well as non-bank organizations such as pension funds, insurance companies, credit unions, and pawnshops. By supporting global trade, business growth, and job opportunities, these institutions play a crucial role in maintaining a stable and thriving economy.
All governments serve as regulators for businesses, both domestically and internationally. The economic policies implemented by separate states have a significant impact on their currency exchange rates and living expenses.
Market players are always looking for tools and opportunities to make a profitable investment, which is accompanied by some risks. This is where capital management comes into play, with the goal of minimizing losses and maximizing profits
By closely monitoring worldwide events and economic strategies of the top nations, traders and investors can make well-informed decisions in the financial world
