OPEC+ leaders Saudi Arabia and Russia aim to reclaim market share from the United States by boosting shale oil production. Currently, US production is quite vulnerable to price competition, Reuters reports.
OPEC+ leaders Saudi Arabia and Russia aim to reclaim market share from the United States by boosting shale oil production. Currently, US production is quite vulnerable to price competition, Reuters reports.
Bloomberg data shows that Bitcoin surpassed the $111,000 mark for the first time, rising 3.1% in early Asian trading to hit a record high. Amid growing institutional demand, traders are increasingly optimistic about the outlook for the main cryptocurrency.
European Central Bank Governing Council member Martins Kazaks stated that interest rate cuts are nearing their conclusion, provided the baseline scenario of inflation stabilizing at 2% materializes in coming months.
According to UBS strategists, volatility in the US stock market may increase due to uncertainty related to the trade and fiscal policies of the country's administration.
On Wednesday, the bitcoin price continues its upward movement, approaching an all-time high, amid the US Senate's advancement of a bill on regulating stablecoins that overcame earlier legislative hurdles.
OPEC believes that the world will need a lot of oil, even though there are some risks to trade and the economy. This information was disclosed by Haitham al-Ghais, the Secretary General of the organization.
According to Reuters, unusually high volume of copper supplies to the US will not decrease in the near future. The agency's experts cite the threat of import tariffs and price premiums for the metal on the US exchange COMEX, which make shipping profitable.
Fred Krueger, an experienced Wall Street trader, has made a bold prediction that bitcoin could surge to $600,000 by October 2025. He calculates that in the 20s of July, the leading digital asset will begin to rise sharply due to macroeconomic factors.
As analysts of Scotiabank warned, persistent price pressures in Canada will not allow the country's regulator to keep reducing borrowing costs in the near future. At the same time, experts noted that the accelerated price growth was observed before the manifestation of the US tariffs effect.
According to Klaas Knot, member of the Governing Council of the European Central Bank (ECB), an additional reduction in borrowing costs is possible as early as next month. However, he noted that it is still “too early” to make decisions without fresh quarterly forecasts.
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