News

Deutsche Bank has raised its year-end forecast for the S\&P 500 index from 6,150 to 6,550 points, citing the diminishing impact of tariffs on corporate earnings and the resilience of the U.S. economy. This comes amid a wave of upward…
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U.S. President Donald Trump announced an increase in tariffs on imported steel and aluminum to 50%, reigniting fears of a full-scale trade war. China quickly rejected the U.S. accusations of violating the Geneva trade agreement and…
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Goldman Sachs stated in a note released on Sunday that the OPEC+ alliance, comprising eight countries, is expected to increase oil production by 0.41 million barrels per day in August. The bank noted that the fundamental factors in the oil…
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In a significant legal development that redefines the contours of U.S. trade policy, the U.S. Court of International Trade has ruled to nullify former President Donald Trump’s plan to impose sweeping tariffs on imports from Canada, China,…
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Amid a slowdown in economic activity in the Eurozone, recent data released by the European Central Bank (ECB) showed that consumer inflation expectations rose to 3.1% in April, up from 2.9% in March. This indicator is one of the key metrics…
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Over the past few days, Bitcoin has been trading near its record highs, holding steady in the $109,000–$110,000 range, after reaching an all-time high of $112,000. The recent profit-taking did not lead to a sharp correction, reflecting the…
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West Texas Intermediate (WTI) crude prices fell to around \$61.10 per barrel during early European trading on Tuesday, marking the second consecutive session of losses amid growing pressure from expectations of increased market supply. This…
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The U.S. dollar began the week under clear pressure following President Donald Trump's decision to postpone tariffs on European Union imports until July 9, after a phone call with European Commission President Ursula von der Leyen. Markets…
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Gold prices opened the week with a slight decline, giving back part of the gains recorded in the previous week. This pullback came after U.S. President Donald Trump announced a postponement of the planned 50% tariffs on European Union…
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The U.S. Dollar Index (DXY) opened the week on the same weak note it closed the previous week, declining to a one-month low of 98.70 during Monday’s Asian session. This brings it closer to multi-year lows of 97.95 recorded in late April.…
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