The US markets stopped being a secure destination for foreign investors due to risks associated with President Donald Trump’s bill on tax and spending, believes chief economist at French asset manager Carmignac, Raphael Gallardo.
The Bank of Canada kept its rate at 2.75% in June. However, BofA Securities economist Carlos Capistran noted the regulator's more dovish stance. He forecasts a 0.25% cut in Canada's borrowing costs at the September, October, and December meetings.
On Thursday, BofA Global Research reiterated its bearish outlook on the US dollar. However, the bank's analysts acknowledged that this view is becoming increasingly widespread, which creates certain risks.
Billionaire Mike Novogratz recently highlighted the $36 trillion US national debt, predicting it could surpass $50 trillion within a decade. As a solution, he advocates investing in bitcoin.
A decrease of the indicator value may contribute to the fall in quotes of EUR.
An increase of the indicator value may contribute to the rise in quotes of EUR.
According to Bloomberg, Russia kept oil output below its OPEC+ target in May. Production remained unchanged from April at 8.979 million barrels per day, staying 19,000 barrels below Russia's quota, which includes compensation for previous overproduction.
The World Gold Council (WGC) reported that gold-backed exchange-traded funds (ETFs) posted a net outflow of 19.1 tons ($1.83 billion) in May, marking the first monthly withdrawal in five months.
European Central Bank (ECB) officials plan to halt the cycle of interest rate cuts at their next meeting on July 23–24. Bloomberg notes that this decision is due to growing economic uncertainty amid US President Donald Trump's tariff policy.
Bloomberg reports that silver has hit a 13-year high, driven by a technical breakout. This rise signals increasing investor interest in precious metals deployed in the industrial sector.
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
