Ripple CEO Brad Garlinghouse plans to put an end to the cryptocurrency company's legal battle with the US Securities and Exchange Commission (SEC). The firm is withdrawing its cross appeal against the SEC and now hopes the SEC will reciprocate, Reuters reports.
Goldman Sachs analysts warn that higher US trade tariffs will negatively impact corporate earnings for the second quarter. Since the beginning of the year, duties have increased by about 10% on average.
Investors will be closely watching a series of key US employment data releases this week, including reports on job openings and non-farm payrolls. Market participants are about to use them to assess the nation's economic resilience.
According to Bloomberg, Russia is attempting to boost its exports of liquefied natural gas (LNG) despite the US restrictions. The LNG tanker Iris left Russia's Arctic LNG 2 export terminal for the first time since October 2024.
Copper prices in London and Shanghai continue to fluctuate this week. Traders’ attention is focused on Donald Trump's trade policies, particularly his decision on copper import duties, Reuters reports.
REX Financial and Osprey Funds are likely to introduce the first staking-based exchange-traded funds (ETF) for Ethereum and Solana in the US in the nearest future, ZyCrypto reports.
The number of bitcoins held on centralized exchanges has fallen to less than 2.9 million, the lowest level in six years. Glassnode's analysis points to a significant reduction in supply of the main cryptocurrency.
Reuters reports that global shares hit record highs on Friday as investors grew more optimistic amid signs of progress in trade talks between the US and China.
According to statements by rating agency Scope on Friday, increased defense spending could weaken the creditworthiness of European governments. This may occur if they fail to reduce expenditures in other sectors and boost budget revenues.
Gold prices reversed course on Monday on the back of a weaker dollar, heading upward. A 0.2% drop in the US dollar index made bullion cheaper for holders of other currencies and helped restore interest in the yellow metal.
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
