Reuters reports that oil prices rose in early Asian trading on Friday due to the introduction of US restrictions on Iran and a new OPEC+ plan to reduce overproduction.
21 March
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On Friday, the dollar strengthened against major currencies after the US Federal Reserve (Fed) signalled no rush to cut its interset rates. The dollar index is holding near 103.81 after rising 0.36% the day before.
21 March
Bank of Canada Governor Tiff Macklem expressed the need to reconsider monetary policy due to US tariff uncertainties. He said the regulator has to be less forward-looking and more flexible until the situation is clearer.
21 March
No change of the indicator value may reduce the volatility of the related markets.
20 March
For the first time in its history, the University of California at Los Angeles (UCLA Anderson), involved in economic forecasting since 1952, has announced the probability of a recession in the United States. The university's experts estimate a 36% chance of a recession.
20 March
Christine Lagarde, President of the European Central Bank, stated on Wednesday that it is impossible to plan further rate cuts due to risks associated with trade relations between the US and the EU. Given the current economic outlook, the regulator will make decisions based on incoming data.
20 March
According to Reuters experts, the forecasts of international energy organizations on the state of the Chinese oil market do not coincide with reality.
20 March
The UK recorded the highest wage rise in the last nine months, along with employment growth, Bloomberg reports. This suggests resilient labor demand, which may prompt the Bank of England to take a cautious stance on the future path of interest rates.
20 March
Citi commodity strategists warn that the silver market may be underestimating the tariffs risks while determining prices. Experts say more substantial than expected US import duties may be imposed on April 2.
20 March
According to Eurostat data released on Wednesday, EU inflation fell to 2.3% in February, revised down from a preliminary estimate of 2.4%. The main factor contributing to the decline was the reforms implemented in Germany.
20 March
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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
