According to Goldman Sachs experts, Donald Trump's preferred price range for WTI oil grade is $40–50 per barrel. The analysts came to this conclusion after studying the politician's numerous social-media posts on the matter.
At the beginning of the week, traders assessed the impact of the US-China trade truce on inflation and global economic growth dynamics. This led to an increase in industrial metals’ prices including copper, Bloomberg reports.
According to the recent statement by European Central Bank’s (ECB) policymaker Francois Villeroy de Galhau, the regulator may additionally cut interest rate by the beginning of summer. He provided this information during an interview for a French newspaper yesterday.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Among developed countries, Germany is the only one forecast to face a decline in gross domestic product (GDP) in 2025. According to the IW Institute (Institut der deutschen Wirtschaft), GDP is expected to drop by 0.2%.
Bloomberg Opinion’s Javier Blas believes US shale oil output is likely to have peaked, yet further decline in production is not to be sharp. An increase in the Gulf of Mexico production will help offset the drop in shale output.
British businesses continued to cut jobs for the third consecutive month, facing pressure from rising taxes and the impact of US trade policies. According to the Office for National Statistics, the number of payrolled employees declined by 33,000 in April.
At the moment, money markets are pricing in three rate cuts from the RBA this year, with one expected during the next meeting on May 20. Earlier, traders forecast five reductions in borrowing costs in 2025.
On Monday, the United States and China reached a temporary trade truce. According to a Bloomberg survey of analysts, such a decision will not prevent a slowdown in US economic growth, though it will reduce the risk of a full-scale recession.
The Canadian dollar fell to its lowest level in a month, trading at 1.4015 per US greenback. The strengthening of the American currency following a temporary trade deal between the United States and China is being blamed for the CAD depreciation.
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
