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About: davin

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The European Central Bank reports record gold accumulation by central banks amidst stable euro usage and challenges

The euro remains resilient globally, retaining its role amid rising cryptocurrencies and shifting geopolitical currency trends.

Capital Economics states the US-China trade deal shows limited improvement, with tariffs still unchanged

Despite talks resuming, core tensions persist and tariffs remain, dampening hopes for a U.S.-China trade breakthrough.

China’s trade deal concluded, US indices dipped, and oil prices surged amidst geopolitical tensions

Crude jumps 4.88% as US-Iran tensions rise; CPI, tariffs, and yields stir market uncertainty.

Fitch has revised its oil price forecast to $65 per barrel due to rising supply challenges

Fitch cuts 2025 oil outlook: slower demand growth, lower prices, oversupply concerns, despite strong company finances.

US stock indices ended lower, with the NASDAQ leading declines; Dow Industrial Average remained unchanged

NASDAQ leads stock market decline; Chewy, Intel fall sharply, while Papa John’s, Shopify see notable gains.

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