While the euro is gradually recovering after a major sell-off observed for most of this month, recent data shows that the latest round of EU sanctions has targeted a number of Chinese companies and banks, prompting Beijing to protest and promise a response to protect its own companies. On Friday, the European Union imposed sanctions … Read more
Oil prices declined on Tuesday due to the growing concerns of market participants about the prospects for the global economy. Traders fear that the escalation of trade disputes, including between the United States and the European Union, will lead to a weakening of global business activity and, as a result, reduce demand for energy resources. … Read more
Gold rose at the opening of the Asian session on Monday as traders evaluated differing views among U.S. Federal Reserve officials on how President Donald Trump’s tariff policy might affect inflation, increasingly leaning toward a dovish stance. This price jump reflects a broader picture of uncertainty surrounding the global economy and monetary policy. Investors traditionally … Read more
