A key member of the European Central Bank (ECB), Mario Centeno, has warned about falling prices in Europe. He says this could be a problem for the economy. To fix this, the ECB might have to lower interest rates even more. The goal is to keep inflation stable over time.
Gold prices hit a record high for the fifth day in a row. Gold futures are up 0.6%, reaching $2,896 per ounce at one point. People are buying gold as a safe investment because of global uncertainty. Concerns over President Trump's actions are increasing demand for
Gold prices are increasing to a new record. Investors are buying gold because they see it as a safe choice. They are worried about a trade war between the U.S. and China. The trade war might hurt the economy.
Bitcoin dropped below $100,000 due to rising US-China trade tensions. It fell 1.8%, reaching $97,601 on Wednesday. Investors are worried about economic and political risks.
PBOC SETS USD/CNY MID-POINT FOR FEBRUARY 6, 2025 The People's Bank of China (PBOC) set the USD/CNY reference rate at 7.1691 for today. This rate is stronger than the market estimate of 7.2535. The reference rate determines the value of the yuan relative to
ASIAN ECONOMIC CALENDAR: KEY EVENTS FOR 06 FEBRUARY 2025 Federal Reserve Vice Chair Philip Jefferson will give a lecture on "Do Non-Inflationary Economic Expansions Promote Shared Prosperity?" Jefferson emphasized there is no urgency for further rate cuts in his recent comments. Australian economic data is expected to have
The Bank of England is expected to cut interest rates on Thursday. This comes as the UK economy grows slowly, and business taxes are set to increase. U.S. President Donald Trump’s tariff threats are also affecting the market. Money markets show a 98% chance of a 0.25%
Oil Prices Drop: Crude oil prices fell to their lowest in a month. Trade War Impact: The trade war between China and the U.S. is getting worse. China’s Tariffs: China plans to add up to 15% tax on U.S. oil, gas, and coal. Less Demand: People worry
EUR/USD is struggling around the 1.0400 level on Wednesday. The US Dollar is weaker because overall market sentiment is against it. Key data ahead: European Retail Sales (Thursday) and US Nonfarm Payrolls (NFP) (Friday). US ADP jobs report showed strong hiring (183K jobs added in January, better than
Gold price is very high – Above $2,850, the highest ever. US-China trade worries – Tariffs and trade war concerns help push Gold prices up. Risk sentiment – China’s market return might increase demand for the US Dollar. Overbought signals – Charts show Gold is expensive, warning traders. Upcoming US data – Investors
The Fed needs to be careful when cutting interest rates. Inflation might slow down, but it's uncertain. Financial decisions can affect prices and jobs. The economy is growing strongly, and people are spending more. There are still worries about inflation. It’s hard to tell if rising prices
EUR/USD Stuck in Range: The pair is moving between 1.0375-1.0380 without a clear direction. USD Weakness Supports EUR: The US Dollar is struggling because markets expect the Federal Reserve to cut interest rates. Trade Tariff Concerns Hurt Euro: Worries about Trump’s trade policies and the European