European Central Bank (ECB) Governing Council member Olli Rehn has called for additional rate cuts in April, citing declining inflation and a slowing eurozone economy, according to Econostream Media.
European Central Bank (ECB) Governing Council member Olli Rehn has called for additional rate cuts in April, citing declining inflation and a slowing eurozone economy, according to Econostream Media.
Saudi Arabia's efforts to enforce production discipline among OPEC+ member countries are being called into question. Kazakhstan does not intend to cut crude output, according to several sources cited by Bloomberg.
The Canadian dollar recorded its strongest gain against the greenback in nearly three months on Wednesday after an unexpected United States trade policy shift improved global economic prospects, Reuters reports.
Bitcoin is becoming a more prominent player in international trade, especially for countries looking to bypass US control over their financial systems. This week, Russia and China announced plans to use the decentralized cryptocurrency for energy payments, Reuters said in a report.
As Bloomberg notes, Federal Reserve (Fed) officials are ready to keep the key interest rate at a stable level to minimize inflationary risks associated with import tariffs. The regulator prefers not to ease policy even in the face of a slowing labor market.
InPlay Oil Corp. CEO Douglas Bartole believes the current drop in oil prices is a market shock in response to a new round of Donald Trump's import tariffs. Canadian companies at the BMO CAPP Energy Symposium doubt the long-term decline in oil prices, Bloomberg reports.
Analysts at JPMorgan Chase have concluded that a quadruple cut in interest rates by the European Central Bank (ECB) is just a matter of course due to the negative impact of US trade policy on the EU economy.
Activity on Ethereum-based decentralized exchanges (DEX) continues to decline. Coinotag reports that the number of unique daily traders has fallen to 40,000, almost half of the peak of 95,000 recorded in late 2024.
Bloomberg reports that China’s retaliatory tariffs on American goods can practically halt supplies of copper scrap from the US, further adding to the shortage of the raw material at Chinese smelters.
MarketGauge analyst Michelle Schneider advises investors to exercise caution before buying gold or silver, given the current heightened economic uncertainty. Despite silver's recent rebound, Schneider warns against making hasty investment decisions.
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