Donald Trump's tax reforms continue to cause mixed reactions from experts. According to the nonpartisan Congressional Budget Office's calculations, the bill will increase the US budget deficit by $2.42 trillion over the next decade.
RBC strategists led by Sam Crittenden noted a weakening in copper supply and demand. Therefore, Donald Trump's refusal to impose tariffs on this metal could negatively impact prices.
According to analysts surveyed by Bloomberg, the European Central Bank (ECB) is expected to cut borrowing costs for the eighth consecutive time. They believe the move will be driven by worsening inflation and economic outlooks, fueled by disruptions in global trade.
The Bank of Canada has decided to keep its interest rate at 2.75%, signaling that fighting core inflation takes priority over concerns about weak economic growth, Bloomberg notes. However, several experts quoted by the agency believe the central bank will cut rates multiple times this year.
The UK Office for National Statistics (ONS) reported that April's inflation rate was overstated due to an error in vehicle tax data.
US business optimism fell sharply in the second quarter. According to a May survey by the Association of International Certified Professional Accountants (AICPA), only 27% of executives are confident about the economic outlook for the next year.
As revealed in a 13F report filed by major institutional investors with the US Securities and Exchange Commission, there has been a significant shift in bitcoin-ETF holdings. Investment advisors are now leading holders of exchange-traded funds on the major cryptocurrency by a large margin.
Barclays strategist Emmanuel Cau forecasts limited upside for European stocks this summer amid mounting headwinds. Elevated market valuations, macroeconomic uncertainty, and seasonal patterns are creating conditions for muted price action
According to Bloomberg, Saudi Arabia plans to push OPEC+ to increase oil production by 411,000 barrels per day in August and potentially September. Riyadh aims to boost output as soon as possible to take advantage of peak summer demand in the Northern Hemisphere.
According to Bloomberg data, the eurozone's private sector remained above the 50-point threshold, demonstrating greater resilience to the negative impact of Donald Trump's trade policies than previously anticipated.
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
