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.
According to CoinGecko, the global cryptocurrency market capitalization surged past $4 trillion on Friday, marking a significant milestone in the asset class's evolution from niche to mainstream in the financial ecosystem.
The Financial Times reports that US President Donald Trump may soon sign an executive order permitting alternative assets like cryptocurrencies and precious metals in 401(k) retirement plans, according to a White House statement.
According to the Baker Hughes’ report, US energy companies increased their number of gas platforms as of July 18. The count rose by 9 to 117.
As reported by Bloomberg, Wall Street analysts credit the record-breaking rally in US stocks to Donald Trump’s measured policies. But experts warn investors may still be overlooking the risks, even from duties already in effect.
Japanese Prime Minister Shigeru Ishiba's ruling coalition suffered a defeat in the upper house parliamentary elections. Bloomberg reports this has weakened investor confidence and triggered yen volatility.
According to Reuters, gold demand in India remained subdued this week as prices hovered near record highs. Sellers are now offering discounts of up to $10 per ounce over official domestic costs (including taxes).
BofA remains skeptical about the US dollar's medium-term growth prospects. However, the bank sees a chance for temporary gains of the currency in summer. The report highlights signals pointing to a potential trend reversal.
Goldman Sachs warns that the era of rapid US oil production growth is ending, citing both the maturing Permian Basin and declining crude prices. The bank expects US output to fall this year and next as domestic producers, highly sensitive to price changes, pull back.
US Fed Governor Christopher Waller suggests cutting interest rates in July. He argued this move is needed to support the economy as the labor market shows signs of cooling.
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
