In the first two months of the 2025–2026 fiscal year, the UK government deficit totaled 37.7 billion pounds ($50.7 billion), running below forecast. The result gave a modest boost to Chancellor of the Exchequer Rachel Reeves as she faces growing pressure to meet budget limits.
Commodities expert Max Layton from Citi Research predicts that gold's rally is coming to an end, with prices set to drop below $3,000 per ounce by the end of next year. He estimates that in the second half of 2026, the precious metal will trade in the range of $2,500 to $2,700.
US President Donald Trump calls for a 2.5-percentage-point cut in the Federal Reserve’s (Fed) rates to boost GDP growth. Such a reduction would be unprecedented, as the American central bank tends to adjust borrowing costs by a quarter point.
Global copper smelters are so desperate for raw materials that they're now paying mining companies to convert their concentrates into refined metal. So-called copper treatment charges, a core revenue source for these facilities, have turned negative since the start of the year, Reuters notes.
According to JPMorgan economists, the threat of escalating tensions in the Middle East is now the main risk for the economy of both the US and the world. James Knightley, chief international economist at ING, shares this view.
If the European Central Bank (ECB) decides to adjust borrowing costs within the next six months, it would most likely be a rate cut, stated Governing Council member Franсois Villeroy de Galhau. Earlier this month, the ECB signaled a pause in its monetary easing cycle.
Israel has resumed natural gas supplies to Egypt and Jordan after restoring production at certain gas fields, according to a Reuters report. A spokesperson from Israel's Ministry of Energy stated that most of the country’s gas is currently being directed to Jordan.
According to CryptoFrontNews, the total amount of ETH in accumulation addresses of large holders surged to 20 million by 2021. This behavior reflects growing investor confidence in Ethereum. At the same time, according to analysts, the price movement signals growing momentum.
European shares dropped to their lowest level in over a month on Thursday as the Middle East conflict escalated and fears grew over potential US involvement, Reuters reports.
Japan’s key inflation gauge rose more than expected to a new two-year high. According to the Ministry of Internal Affairs, consumer prices excluding fresh food climbed 3.7% from a year earlier in May. That is the steepest rise since January 2023.
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
