Martins Kazaks, a member of the ECB’s Governing Council, expressed the opinion that further interest rate cuts are unlikely unless serious economic shocks occur. He stressed that with the current inflation rate at 2% and the eurozone economy developing mainly in accordance with the latest forecasts of the ECB, it is difficult to justify the…
At present, the crypto market is facing some turbulence, though many analysts expect it to worsen. They are cautioning traders about possible price traps in Bitcoin’s behavior, fearing a significant downturn. According to analysts and market participants, Bitcoin may retreat to the $114,000–$115,000 range in the coming days. The reason? A potential gap closure, after…
The first cryptocurrency has once again overcome its historical maximum, reaching $118,661 in the BTC/USDT trading pair. Over the past day, the bitcoin exchange rate has increased by 6.29%, and since the beginning of the year, its value has increased by 26.56%. The market capitalization of this digital asset has reached $2.39 billion. The total…
Bitcoin has updated its historical maximum. At the moment, the value of the cryptocurrency reached $ 118,661 thousand. The exchange rate increased by almost $5,000 per night. For the first time in history, solar panels became the main source of energy in the European Union in June. The share of solar energy in the region’s…
The number of Americans who applied for unemployment benefits for the first time fell to 227,000 last week, which is 5,000 less than the figure a week earlier. The current level was the lowest since the end of May, indicating the continued stability of the labor market. The data for the previous week was revised…
Bitcoin has updated its historical maximum amid growing investor interest. The cryptocurrency exchange rate rose to a record $112,022 due to increased risk appetite and stable demand from institutional investors. Bitcoin is supported by the friendly policy of the Donald Trump administration, as well as the plans of Trump Media & Technology Group to launch…
British companies generally remain resilient to external economic shocks, including trade wars and rising borrowing costs. This is stated in the latest report of the Bank of England on financial stability. According to the regulator, even with a 10% drop in profits and a sharp rise in the cost of loans, most companies will be…
On Tuesday evening, gold prices showed a decline amid increased investor interest in risky assets after the mitigation of trade threats from the United States. August gold futures on the Comex exchange lost 0.9% to $3,312.15 per troy ounce. Silver is also declining: the September contract is down 0.65% to $36,665 per ounce. The reason…
Asian Markets Show Cautious Optimism Amid US Tariff Maneuvers Asian stock exchanges responded with mild enthusiasm following the latest move by US President Donald Trump to ramp up import tariffs. Meanwhile, the US dollar held steady and oil prices slipped slightly. Trump’s Tariff Notices Shake Wall Street Wall Street took a downturn after Trump sent…
At the beginning of the week, gold showed a decline of almost 1% – investors are reacting to the growth of the dollar against major world currencies. August gold futures on the Comex exchange fell 0.9% to $3,312.6 per troy ounce. However, despite the current decline, the precious metal has grown by about 25% since…