The Australia and New Zealand Banking Group (ANZ) predicts gold to hit $3,600 per ounce by the year-end. The bank has also upgraded its price forecast for the next 6 months from $3,200 to $3,500 per ounce.
The Australia and New Zealand Banking Group (ANZ) predicts gold to hit $3,600 per ounce by the year-end. The bank has also upgraded its price forecast for the next 6 months from $3,200 to $3,500 per ounce.
Scope warned of a possible US credit rating downgrade, pointing to risks that could undermine confidence in the dollar. These risks stem from the protracted trade conflict and concerns about US measures, such as capital controls, getting even more extreme under President Trump.
The Bank of Japan (BoJ) is reportedly planning to revise its economic growth forecast for the 2025 fiscal year, according to Reuters sources. The move comes in response to mounting pressure from the US president’s trade policies.
UBS upgraded its eurozone growth outlook, raising 2025 projections by 0.2 percentage points to 0.7%. UBS attributed the revision to the suspension of reciprocal US tariffs on most trading partners.
The British labor market has shown signs of weakening ahead of regulatory changes set to take effect in April, with continued wage growth complicating the outlook for the Bank of England. According to the UK’s Office for National Statistics, job vacancies have fallen below pre-pandemic levels.
Citi has revised its copper price forecast in response to recent market developments, including the easing of US tariffs on the metal and increased Chinese buying during price dips. The bank now anticipates a slower depreciation over the next three months than initially projected.
According to blockchain data provider Glassnode, the number of addresses holding from 1,000 to 10,000 bitcoins has increased from 1,944 to 2014 since March 5.
No change of the indicator value may reduce the volatility of the related markets.
Silver prices are hovering near weekly highs on Wednesday morning, holding steady after a series of gains driven by escalating geopolitical tensions and a growing appetite for safe-haven assets.
HSBC has lowered its oil price forecast this week, citing US President Donald Trump's trade policies and crude production hikes by OPEC+. The revised estimates suggest that Brent oil prices will be $68.5 per barrel this year and $65 per barrel next 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