According to a forecast by analysts at Citigroup Inc., the gold price could stabilize between $3100 and $3500 per troy ounce in the near term because of rising trade tensions and elevated geopolitical risks. The bank's earlier short-term prediction indicated that gold would trade between $3,000 and...

President Donald Trump’s sudden declaration of a 50% tariff on all goods imported from the European Union—a stance he announced via social media—has quickly reverberated across both sides of the Atlantic, prompting warnings of swift retaliation, market turbulence, and far-reaching consequences for...

Retail figures released this week have offered a welcome reprieve to policymakers and businesses alike, suggesting that Britain’s economy may be gathering positive momentum after a sluggish start to 2025. April retail sales volumes jumped by 1.2% month-on-month—far exceeding most forecasts—and this...

JP Morgan economists caution that the sweeping U.S. tax and spending package recently passed by the House, while providing a near-term boost to economic activity, is poised to exacerbate the federal deficit and complicate efforts to rein in mounting debt. In a detailed analysis shared with...

Luis de Guindos, the Deputy President of the European Central Bank (ECB), stated that the Eurozone is nearing its inflation target due to reduced energy costs and the stronger euro. “The disinflationary trend is continuing,” he stated during an interview with Bloomberg TV. “Sooner or later, we will...

Japan’s exports decelerated sharply in April, extending a trend of sluggish overseas shipments that has clouded prospects for its modest economic recovery. While discussions have largely centered on U.S. tariffs, the real story lies in a confluence of factors—from weak global demand and a stronger...

U.S. importers are in a race against time to convert traditional storage facilities into bonded warehouses as mounting tariff uncertainty and cash‐flow pressures threaten to disrupt supply chains. With duties on Chinese‐origin merchandise lingering near 30 percent and the prospect of higher levies...

China’s central bank announced on May 20, 2025, a modest reduction in its benchmark lending rates, marking the first cut since last October. The People’s Bank of China (PBOC) lowered the one‑year Loan Prime Rate (LPR) by 10 basis points to 3.00 percent and trimmed the five‑year LPR by the same...

When Brazil confirmed its first outbreak of Highly Pathogenic Avian Influenza (HPAI) on a commercial poultry farm in Rio Grande do Sul in mid-May 2025, it immediately triggered a cascade of trade restrictions across major import markets. Among the most impactful was the decision by the European...