Goldman Sachs reduced its 2025 oil price forecast. The bank's decision follows Donald Trump's tariff policy and its impact on the US economy, as well as OPEC+ plans to start unwinding its output cuts, starting from April.
The revised statistics for Germany’s inflation in February show decelerating price growth, rather than a reported previously steady inflation rate. According to the revised data of the statistical office, consumer prices increased by 2.6% in annual terms.
The community of blockchain platform Solana has rejected an important proposal, SIMD-0228, aimed at changing the SOL cryptocurrency's inflation model. Despite the active participation of 910 validators, the proposal did not receive the necessary support, garnering only 43.6% of votes in favor.
US 25% tariffs on steel and aluminum imports will remain in place until US domestic production is strengthened. Similar measures will also apply to copper, US Commerce Secretary Howard Lutnick stated.
After two questionable tests of Ethereum's upcoming Pectra update, the project's top developers have decided to create a new testnet in order to provide a final demonstration of the code before deployment.
Reuters reports that the US stock market has entered a period of correction. The S&P 500 index has fallen more than 10% from its February high. This represents a loss of about $5 trillion in market value.
According to Martins Kazaks, a member of the Governing Council of the European Central Bank (ECB), the battle with inflation in the region is not over yet. However, the Latvian official refrained from commenting on the future course of the regulator's monetary policy.
After Russian President Vladimir Putin confirmed that a bilateral contract with Washington would increase domestic gas supplies to the EU, natural gas prices in Europe fell by 5%. The region had previously turned down huge volumes of imported fuel to become less dependent on third countries.
Bitcoin's role in decentralized finance (DeFi) is growing, Binance Research analyst Moulik Nagesh reports. The Bitcoin DeFi ecosystem allows users to conduct various financial transactions with the largest cryptocurrency without a third party.
Japan's core inflation in February likely slowed from 3.2% in January to 2.9% due to renewed energy subsidies, according to a poll of economists conducted by Reuters. Meanwhile, overall price dynamics are expected to support the central bank's intent to hike rates later 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
