Inflation in Canada picked up in June for the first time in four months, while underlying price pressures also intensified, prompting the country's central bank to hold off on cutting interest rates later this month, Bloomberg reported.
According to a joint report by Bybit and Block Scholes for June, bitcoin has entered a zone of historically low volatility thanks to significant inflows into ETFs.
According to Bloomberg, Russia’s seaborne oil exports averaged 3.23 million barrels per day (bpd) over the four weeks to July 13, which is a 3% increase from the period ending July 6. Flows reversed the previous week’s drop.
CIBC analysts believe that despite short-term stabilization, gold still has significant room to rally in the second half of 2025. The financial institution sees the metal climbing to $3,600 per ounce and maintaining that price through next year.
The S&P 500 index dipped 0.4% as disappointing bank earnings overshadowed upbeat US inflation data. Meanwhile, the Nasdaq 100 inched up 0.1% to reach a new record high. American stocks have been under pressure in recent weeks, weighing on broader market performance, Bloomberg reported.
According to Federal Reserve Bank of Dallas President Laurie Logan, US central bank officials will likely have to keep interest rates steady for a while to ease inflationary pressures.
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.
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
