According to Bloomberg, Bank of Japan (BOJ) officials discussed the country’s accelerating inflation last week. The regulator’s representatives believe that vigilance remains necessary due to high uncertainty surrounding the US administration’s trade policies.
According to US President Donald Trump's statement posted on social network Truth on Tuesday, China may continue to buy oil from Iran. Such a declaration goes against the official position of the country, which for years has been imposing restrictions on crude exports from Iran.
According to Richard Chambers from Goldman Sachs, the dollar might continue its decline as currency hedging ratios rise, driven by foreign investors hedging against volatility.
In May, Australia’s inflation slowed faster than expected, nearing the bottom of the Reserve Bank’s (RBA) 2–3% target range. As reported by Bloomberg, this has strengthened the case for a potential rate cut as early as July.
FXStreet says Statistics Canada is set to release the consumer price index for May this Tuesday. Economists project the gauge will match April’s annual rise of 1.7%.
A survey by the Official Monetary and Financial Institutions Forum (OMFIF) found that one in three central banks plan to cut their dependence on the dollar and ramp up gold holdings over the next year or two.
The London Metal Exchange (LME) is grappling with one of the most severe copper shortages in history. Rapidly dwindling inventories have driven prices up to multi-year highs. On Monday, copper traded at a $280-per-ton premium, the largest since 2021, as noted by Bloomberg.
According to an analysts' review by Heraeus, investors are gradually shifting their focus from gold to silver. In recent months, the share of inflows into silver-backed funds has noticeably increased.
Liquefied natural gas (LNG) flows to Germany's four floating terminals have significantly increased in recent months as the country rushes to replenish its fuel reserves. However, a large portion of the imported LNG is being sent abroad, leaving domestic reserves unchanged.
UK food prices rose 4.7% year-on-year in the four weeks to June 15, up from 4.1% the previous month. The increase has further strained low-income households across the country. Reuters forecasts indicate UK grocery inflation may spike 5% this year.
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
