Dean Turner of UBS believes the greenback is losing its safe-haven status, driven by the policies of the American administration. Turner warns against a full exit, yet advises reallocating funds held in US dollars.
9 June
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Peter Krauth, editor of Silver Stock Investor, expects silver to hit $45 by year-end. However, the expert is confident the metal's rally has further to run, forecasting prices will break through the $50 barrier as early as next year.
9 June
China's imports of most natural resources fell in May, according to customs data released today. Reuters analysts noted that the decline affected oil, coal, iron ore, and copper.
9 June
Macquarie analysts forecast further upside for the euro-dollar pair, citing diverging monetary policies between the European Central Bank (ECB) and the Federal Reserve (Fed).
9 June
Analysts at Nomura Holdings, Inc. predict that the Japanese yen could strengthen by approximately 6% against the US dollar in the coming months, driven by Japanese investors pulling funds from American assets amid rising yen yields.
9 June
According to CoinMarketCap portal, citing an analysis by Arkham, BlackRock purchased more than $500 million worth of Ethereum (ETH) over the course of ten days. This marked one of the largest rounds of crypto asset purchases by institutional investors in recent months.
9 June
The US labor market showed signs of cooling in May, with employers adding 139,000 jobs, Reuters reports. While this figure indicates a moderation in labor demand, it was solid enough to reinforce the Federal Reserve's strategy of keeping interest rates unchanged.
9 June
Isabel Schnabel, a member of the Executive Board of the European Central Bank (ECB), stated that the current moment presents an ideal opportunity to strengthen the euro's position. These remarks overlap with statements from other policymakers, including ECB President Christine Lagarde.
9 June
The S&P 500 is just 2.3% away from its all-time high, yet the benchmark continues to struggle near the key psychological resistance threshold of 6,000. Market analysts surveyed by Reuters believe that a sustained rally in American stocks would require easing global trade tensions.
9 June
China's copper output has reached a record high this year. The relentless expansion of copper processing capacity in China has led to intense competition among mining companies for the ore needed to produce the vital industrial metal.
9 June
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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.
Global events and economic policies
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 and their role
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.
Government and 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.
Investment and Risks
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
