The price of WTI drops to about $ 60,80 in the early Asian session on Wednesday. The OPEC cut its forecast for oil demand for this year and next, since Trump tariffs weigh on global economic growth. Crude oil inventories in the US increased by 2.4 million barrels last week, according to the API. The […]
The PBOC sets the reference type of the USD/CNY in 7,2133 compared to 7,2096 above
On Wednesday, the Popular Bank of China (PBOC) established the USD/CNY central rate for the negotiation session in 7,2133 compared to the FIX of the previous day of 7,2096 and the estimation of reuters of 7,3272. PBOC FAQS What does the Popular Bank of China do? The main monetary policy objectives of the Popular Bank […]
Last hour: The price of gold reaches a historical maximum about $ 3,275
He Gold price (Xau/usd) extends the rebound and reached a historical record about $ 3,275 per Troy ounce during the early Asian session on Wednesday. The demand for safe refuge in the midst of the uncertain tariff plans of US President Donald Trump, an American dollar (USD) softer and the prospects of greater relief by […]
USD/CAD remains stable about 1,3950, decision of BOC rates at the center of attention
The USD/CAD is maintained plane around 1,3955 in the early Asian session on Wednesday. The BOC is expected to maintain stable interest rates on Wednesday. Trump said the automotive industry could obtain tariff exemptions. The USD/CAD pair remains stable about 1,3955 during the early Asian session on Wednesday. The bullish potential for the Canadian dollar […]
USA
According to the Wall Street Journal, which cited individuals familiar with discussions, the administration of US President Donald Trump plans to use the ongoing tariff negotiations to press US business partners The report added that the Trump administration wants to use negotiations with more than 70 nations to ask them not to allow China to […]
The price of gold triggers above $ 3,240 as the fears of the trade war intensify and the returns fall
Gold triggers as the demand for sure shelter increases by tensions between the US and China and the fall in treasure yields. The threat of Trump tariffs on pharmaceutical products and the Boeing prohibition in China add fuel to market volatility. Mixed US data add uncertainty; The operators now focus on retail sales and Powell’s […]
EUR/USD gains ground above 1,1250 before the publication of US retail sales.
The EUR/USD remains firm about 1,1285 in the early Asian session on Wednesday. Waller of the Fed said that if the impact of tariffs threatens with a deep economic slowdown, then it would support a rates cut sooner. The ECB is expected to cut interest rates at 25 basic points on Thursday. The EUR/USD pair […]
US President Donald Trump launches an investigation into the need for tariffs to critical minerals
The president of the United States, Donald Trump, launched an investigation into the need for tariffs on critical minerals, the last movement in a commercial war in escalation that has signed up for key sectors of the global economy, according to Bloomberg. The order, signed by Trump on Tuesday, asks the Secretary of Commerce to […]
The Dow Jones, S&P 500 and Nasdaq 100 conclude Tuesday with mixed results
Dow Jones loses 0.37% in the day, currently operating at 40,377. The Nasdaq 100 wins 0.15% daily, animated by Netflix (NFLX). The S&P 500 decoced 0.19% on Tuesday, staying within Monday’s operational range. The Empire State manufacturing index is located at -8.1 points in April, following in the contraction zone. The attention of investors will […]
The governor of the BOJ says that the Central Bank may need to answer whether the US tariffs harm the economy
The governor of the Bank of Japan, Kazuo Ueda, declared in the early hours of Wednesday that the Central Bank may need to take policy measures if US tariffs harm the economy, according to Reuters. Outstanding comments You may need a policy response, but it will decide appropriately in line with changing developments, when asked […]