All news

According to the UK’s Office for National Statistics, annual inflation eased slightly in May but remained above the Bank of England’s 2% target.

After rising 4% during Tuesday's trading session, crude oil prices fell due to supply disruption risks stemming from the ongoing Middle East conflict. Fitch analysts warned that significant damage to Iran's production could exert further pressure on oil prices in the near term.

According to Reuters, citing surveyed experts, the euro has strong potential for steady growth. The yield gap between Greek and German bonds has narrowed to its lowest level since 2008, while Italian debt securities are nearing their 2010 peaks.

The escalating relations between Israel and Iran drove natural gas prices up this week. However, Goldman Sachs analysts believe tensions in the Middle East will have a negligible impact on the world’s energy market.

This week, the US Senate passed the Stablecoin Bill, which introduces new oversight measures for dollar-pegged cryptocurrencies. According to Bloomberg, the incentive’s approval stands as a testament to President Donald Trump's most substantial policy triumph.

No change of the indicator value may reduce the volatility of the related markets.

This year, gold has gained nearly 30% against the dollar. Confidence in the US currency continues to erode amid trade conflicts. According to ReSolve Asset Management, this trend will maintain interest in gold.

European shares were near a one-month low on Tuesday as escalating tensions in the Middle East reduced investor interest in risk assets and raised fears of oil supply disruptions.

According to Nigel Green, the CEO of deVere Group, the euro has its first historic opportunity to narrow the gap with the US dollar in the race for global currency dominance. The company’s head anticipates a favorable period for the European currency.

As Bloomberg reports, the Canadian central bank is facing an obstacle in its efforts to lower interest rates in the form of persistent core inflation. However, financial regulatory officials note that borrowing costs could still be reduced if the domestic economy weakens further.