Gold Slides on Higher US Treasury Yields, dolar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Dodatno,…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Ob istem času, the cycle with the highest hikes may soon be over, the officials indicated. End of

Države BRICS se združujejo proti dolarju,' Večje banke napovedujejo več dvigov Feda, Bitcoin beleži velike bloke, ko ordinali pridobivajo valuto

In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Državne rezerve, creativity in crypto has

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects report, stating that the outlook for the global economy and future economic conditions is bleak. Glede na poročilo, 2023 growth forecasts have been cut across the board, z…

The Fed Codifies Fourth Consecutive 75bps Rate Hike — Stocks, Bitcoin, and Metals Rise

ZDA. Federal Reserve introduced another jumbo rate hike on Wednesday, Nov. 2, 2022, by hiking the federal funds rate (FFR) avtor 75 bazične točke (bps). The American central bank said on Wednesday that the hike aims to curb inflation and

Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwinov večer, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a

Ameriški ekonomisti so zmedeni zaradi "nenavadne situacije", saj je ruski rubelj najbolj uspešna fiat valuta na svetu

Two months after the Russian ruble fell below a U.S. penny, the transcontinental countrys fiat currency is the best performing currency worldwide. American economists are baffled by theunusual situationbecause a country facing stiff sanctions typically sees its fiat currency

IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’

In a report published on Saturday, Mednarodni denarni sklad (IMF) has warned that an ongoing war in Europe and associated sanctions will have asevere impact on the global economy.The IMFs report says there isextraordinary uncertaintyin the