News

The Japanese yen rose during Tuesday morning trading, extending its gains for the second consecutive day after rebounding from its lowest levels in nearly two weeks against the US dollar, coinciding with the opening of the European market.…
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Oil prices climbed noticeably on Tuesday, driven by investor optimism about ongoing US-China trade talks in London. This cautious optimism that easing trade tensions could boost global economic growth and improve fuel demand pushed Brent…
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European markets open slightly higher amid cautious sentiment, driven by expectations of fresh monetary easing by the European Central Bank.Investors are closely watching whether the ECB will proceed with another interest rate cut,…
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Gold prices held steady above $3,350 per ounce during Asian trading today, amid market anticipation ahead of key U.S. economic data and expected comments from several Federal Reserve officials. This movement comes as renewed pressure mounts…
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The U.S. Dollar Index (DXY) has experienced a sharp decline over the past few months, dropping to the 101 level a level Morgan Stanley had forecasted for the end of 2024 but which was reached earlier than expected. This decline reflects the…
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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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