Olli Rehn, a member of the Governing Council of the European Central Bank (ECB), said on Monday that the financial regulator may lower borrowing costs below the neutral level. According to him, US tariffs will impact eurozone inflation more than expected.
The S&P 500 rose 0.1% on Tuesday. The increase was supported by US officials' comments about potential tariff reductions on auto imports. However, Reuters reported that investors had expected deeper cuts of the 145% duties on Chinese goods.
The Canadian dollar (CAD) increased against the US dollar after the election of Mark Carney as the country’s new Prime-Minister on Monday, according to Bloomberg.
Last week, the S&P 500 index tested the upper and lower boundaries of the 5,000–5,500 point range. On Friday, the index closed above 5,500 due to traders' optimism about a potential tariff agreement with China and their anticipation of monetary policy easing by the Federal Reserve (Fed).
The Ethereum ecosystem may change its fee structure to ensure a fair revenue distribution for app developers. The idea was suggested by cryptocommunity members Kevin Owocki and Devansh Mehta on the Ethereum Research website. Experts propose to replace the current fee scheme with a dynamic one.
Many European officials have emphasized the potential opportunity presented by the weakening perception of the dollar as a safe-haven asset, with growing optimism about the euro's emerging role.
The decline in oil prices to multi-year lows, coupled with high import tariffs, has caused a slowdown in shale oil drilling by small companies in the United States. According to Reuters, this could hinder future growth in the country's energy production.
As a competitor to Ethereum, Solana continues to strengthen its market position. While it lagged behind Bitcoin last year, SOL has posted a remarkable return of more than 10,000% over the past five years, compared to BTC's 1,100%.
According to ship tracking data provided by Bloomberg, the volume of liquefied natural gas (LNG) re-export back from China exceeded 280,000 tons in April.
Historical trends could pave the way for silver prices to match or even surpass the growth rate of gold. Currently, the gold-to-silver ratio stands at 98, significantly higher than its 30-year average of 68. This discrepancy signals that silver is undervalued.
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
