On Thursday, EU leaders must inform the European Commission whether they’re ready to accept the 10% US tariffs or keep negotiating in hopes of securing better terms. According to Reuters, most are leaning toward the first option to avoid further escalation of tensions.
BMO Capital Markets’ outlook for the third quarter suggests that gold prices will remain close to the current level through the summer. However, analysts expect prices to rise to $3,600 per ounce in the fourth quarter.
According to forecasts by experts surveyed by Investopedia, the US core Personal Consumption Expenditures (PCE) price index, excluding food and energy, is expected to have risen by 0.1% month-over-month in May. The annual rate is anticipated at 2.6%, slightly above April’s 2.5%.
Big investors expect a repeat of last August's market rout. Then concerns over slower global growth sparked increased volatility in asset prices worldwide. Tensions in the Middle East, US tariffs, and fluctuating oil prices could lead to a similar situation this year.
Insiders told Reuters that the Japanese government might lower the country’s economic growth forecast for the current fiscal year, which ends in March 2026. Currently, officials are expecting GDP to grow by 1.2%, but Donald Trump's tariff policies could push this figure below 1%.
Gold prices saw a slight increase on Thursday amid a weakening dollar. The main influence came from comments made by US President Donald Trump regarding the imminent announcement of a successor to Federal Reserve Chair Jerome Powell.
According to Bloomberg, oil prices held their earlier gains on Thursday. The news agency attributes this trend to US President Donald Trump's statement about continuing pressure on the Iran oil industry and a government report showing a significant decline in domestic crude inventories.
Despite the many obstacles the US stock market has encountered this year on its way to growth, American stocks are now on track to hit new record highs. However, as Bloomberg notes, there are growing concerns among analysts that S&P 500 multiples are beginning to appear excessively high.
According to Bloomberg, copper prices have been rising for the fifth straight day following a Goldman Sachs forecast predicting the metal could hit a record high of $10,050 per ton by August 2025.
The greenback dropped as expectations grew of sooner monetary easing in the US. The Bloomberg dollar index fell 0.2% to a record low since April 2022.
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
