Twelve OPEC members raised oil output by 200,000 barrels per day (bpd) in May to 27.54 million bpd. Saudi Arabia accounted for about half of the increase, Bloomberg reports.
Twelve OPEC members raised oil output by 200,000 barrels per day (bpd) in May to 27.54 million bpd. Saudi Arabia accounted for about half of the increase, Bloomberg reports.
According to the latest estimates from the Organization for Economic Cooperation and Development (OECD), global GDP growth is expected to slow from 3.3% last year to 2.9% in both 2025 and 2026. In March, the organization predicted increases of 3.1% this year and 3% next year.
American entrepreneur Robert Kiyosaki shared his investment recommendation for 2025 with Finbold. He advises traders to take a closer look at silver. The asset is far below its historical peak but has enormous growth potential, while gold and bitcoin are approaching all-time highs.
Deutsche Bank has lifted its year-end 2025 forecast for the S&P 500, raising its target from 6,150 to 6,550. The bank’s analysts point to easing tariff pressure on corporate profits and the resilience of the US economy as key reasons for the revision.
Bloomberg reports that wildfires in Alberta, Canada's key energy producing region, have reduced the country's heavy oil output by nearly 350,000 barrels per day. This accounts for approximately 7% of Canada's total oil production.
A decrease of the indicator value may contribute to the fall in quotes of EUR.
A decrease of the indicator value may contribute to the rise in quotes of EUR.
Bank of Japan Governor Kazuo Ueda said Tuesday that the country's central bank will raise interest rates if there are clear signs of a recovery in economic growth and price growth after a period of stagnation.
Debate is heating up within the US Federal Reserve (Fed) over the future direction of monetary policy. A key factor in the discussions is President Donald Trump’s tariff policy and its impact on inflation, according to Yahoo Finance.
US liquefied natural gas (LNG) exports dropped to 8.9 million tons in May from a record 9.3 million tons in April due to maintenance and outages at major facilities, according to LSEG. These production disruptions could significantly impact global energy prices, Reuters reports.
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