Forex Market

China’s economy, the world’s second-largest, is faltering, sending ripples of concern through global markets. Beijing’s reduced transparency, with sparse data revealing declining land sales, slowing GDP growth, and rising unemployment, underscores a weakening economic engine. Despite glimmers of recovery in the property sector, structural issues and escalating trade tensions, particularly …

Bulgaria’s path to euro adoption, scheduled for January 2026, and Ukraine’s pursuit of EU integration, particularly its June 2025 bilateral screening on economic and monetary policy, form the cornerstone of their evolving partnership. Bulgaria’s fiscal discipline, with a 2025 deficit of 2.8% and a debt-to-GDP ratio of 25.1%, aligns with …

The European Central Bank (ECB) is poised to reduce its deposit rate by 0.25 percentage points to 2% on June 5, 2025, marking its eighth cut in the current easing cycle. Eurozone inflation, at 1.9% in May, has dipped below the ECB’s 2% target, driven by falling energy prices and …

China and the European Union have scheduled urgent trade negotiations to address escalating economic disputes, with a high-level summit planned for late July 2025 in Beijing. The talks aim to resolve critical issues surrounding market access, rare earth exports, and electric vehicle tariffs, as both sides navigate the fallout from …

On June 4, 2025, the Bank of Canada, led by Governor Tiff Macklem, opted to maintain its benchmark interest rate at 2.75%, marking the second consecutive hold. This decision reflects a cautious approach as the economy grapples with heightened uncertainty, particularly from escalating U.S. tariffs. The central bank is balancing …

Gold prices traded in a narrow range during Asian hours on Wednesday, as investors balanced a modest return in risk appetite against persistent safe haven demand. Speculation over a possible meeting between U.S. President Donald Trump and China’s President Xi Jinping helped buoy market sentiment, but gold remained well-supported amid …

Gold’s recent downturn on Tuesday, with futures contracts falling to $3376 per ounce from a previous close of $3406, highlights a critical interplay between currency strength and precious metal valuations. This movement is not an isolated event but a clear reaction to a resurgent U.S. dollar, fueled by a confluence …

On Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on the latest developments in the financial markets.Oil Market DevelopmentsRegarding oil, Hashad stated that oil prices saw a significant rise at the beginning of this month …

The EUR/GBP pair is under pressure, sliding toward the 0.8400 psychological level as Eurozone inflation data fuels expectations of a dovish European Central Bank (ECB) policy shift. Released on Tuesday, May 2025, preliminary figures show core inflation cooling, pushing the ECB closer to a rate cut at its Thursday meeting. …

In April 2025, US job openings rose unexpectedly to 7.39 million, up from 7.2 million in March, according to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). This increase defied expectations of a decline to 7.1 million, signaling persistent labor market strength despite economic uncertainties. The …