According to Reuters, the results of upper house elections in Japan complicate the decision-making process at the country's central bank. As analysts quoted by the agency pointed out, political uncertainty and worries over the country's growing national debt could weaken the yen.
On Monday morning, precious metal prices challenged key resistance levels. Meanwhile, Heraeus analysts believe gold may have already run out of steam due to weakening investment demand for physical bullion.
On Tuesday, oil prices are declining due to pressure from concerns over escalating trade tensions. Market participants are worried about the impact of increasing friction between the US and EU on economic activity and fuel demand.
Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.
More than 60 of Germany's major companies have announced the launch of an investment campaign with projects worth about 100 billion euros ($116 billion).
Christopher Harvey of Wells Fargo predicts the S&P 500 could rise 11% by year-end, driven by the resilience of major technology companies. His 7,007-point target suggests further growth from Monday's closing level of 6,304.2.
Russia’s precious metals exports to China nearly doubled in the first half of the year, as record-high gold prices boosted revenues for Russian suppliers. China’s imports of precious metals and concentrates from Russia, including gold and silver, surged 80% year-on-year to $1 billion.
The UK may regain some of its former prominence as a European manufacturing hub if Donald Trump implements proposed 30% tariffs. Alex Altmann of Lubbock Fine suggests the UK's available production capacity could attract EU-based companies looking to avoid steep US tariffs.
Erste Group analysts anticipate the European Central Bank (ECB) will maintain current interest rates at its July 24 meeting, following June's 25 basis-point cut that lowered the deposit rate to 2%.
UBS analysts expect the US dollar to weaken in the medium term, with the EUR/USD pair possibly reaching 1.20. The bank adheres to this forecast, even despite the uncertainty about the September rate cut by the US Federal Reserve.
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
