The global coffee trade is experiencing a severe crisis caused by a sharp jump in the price of coffee beans. This provoked a decrease in the volume of purchases from retailers. At the annual convention of the American National Coffee Association, participants expressed growing concern about the rising cost of Arabica coffee, which has recently…
US stock indices, including S&P 500 and Nasdaq, lose more than 5% After a sharp sell-off on Wall Street that sent the Nasdaq 100 into its deepest plunge since 2022, markets are beginning to recover. Futures on the S&P 500 rose by 0.3% after an early 1% dip, and US Treasury yields started to climb….
Memtoken $Trump generated significant profits, which, according to estimates, reached at least $350 million. The bulk of the revenue, about $314 million, was generated through the sale of tokens, and an additional $36 million came from commissions. An analysis of the Solana blockchain data shows that the largest part of earnings was concentrated in the…
US futures fall, investors shift to safe-haven assets US stock futures fell as investors turned to safe-haven assets amid growing concerns over a slowing US economy and trade risks. The Japanese yen strengthened by 0.6%, reaching 147.245 per dollar, while the Swiss franc rose 0.4% to 0.8773 per dollar. These moves indicate heightened demand for…
US stock market correction: time to review strategies Major US stock indices, including the S&P 500 and NASDAQ, showed a decline, reaching their one-week lows. The primary pressure factors are market uncertainty related to changes in tariff policy under the Trump administration, as well as weakening investor confidence in the economic outlook. At the same…
Brandon Gill, a Republican from Texas, intends to submit to Congress a bill envisaging the issuance of a new $100 banknote. Instead of the usual image of one of the founding fathers of the United States, Benjamin Franklin, a portrait of the current US President, Donald Trump, should appear on this bill. In an interview…
The bitcoin exchange rate went up sharply after Trump’s words about the creation of the US crypto reserve. The American president said that the new reserve will include bitcoin, ethereum, XRP, solana and cardano. All of these cryptocurrencies have also shown growth. The current quote of the BTC/USD pair is $91,442, and the local maximum…
On Friday, gold prices showed a decline, preparing for the largest weekly drop since November, due to the strengthening of the dollar. Investors are eagerly awaiting important data on inflation in the United States, which may provide clues about the future policy of the Federal Reserve System. The spot price of gold dropped to $2,851…
The US Federal Reserve plans to increase the volume of purchases of short-term bonds so that the asset structure better matches the distribution of government bonds with different maturities. Federal Reserve Bank of Dallas President Laurie Logan said this at an event in London. The Fed is currently reducing its assets, estimated at $6.8 trillion,…
Putin held a meeting on the development of the rare earth metals industry. The Russian president said he did not rule out involving foreign partners, including the United States, in projects in this area. He also suggested thinking about launching an aluminum mining project in the Krasnoyarsk Territory, which could involve American companies. According to…