BITPRISMIA
The copper market is reassessing its strategies post-US tariffs, focusing on supply and demand dynamics, with copper's role as an industrial metal remaining crucial for global economic growth and green initiatives.
Donald Trump claims U.S. inflation is 'virtually non-existent,' sparking debate among economists about the current state and implications of inflation.
The U.S. Producer Price Index (PPI) rose unexpectedly by 0.9% in July, exceeding forecasts and signaling potential future inflationary pressures, which could influence Federal Reserve policies and market dynamics.
The U.S. stock market opened lower today, with key indices showing declines, signaling caution among investors due to various contributing factors.
The crypto market experiences significant movements with Bitcoin and Ethereum reaching new highs, while US PPI data exceeds expectations, influencing investor focus and potential Federal Reserve actions.
Bank of America predicts a significant weakening of the US dollar due to anticipated Federal Reserve rate cuts aimed at addressing inflation, which could impact investment portfolios and the currency market.
Romania's GDP growth in Q2 2023 exceeded forecasts, driven by diverse sectoral contributions and strategic advantages, though sustainability depends on addressing global uncertainties and internal challenges.
China's foreign exchange (FX) reserves experienced a slight decline despite a record trade surplus, highlighting complex macroeconomic dynamics and capital flow management.
The US Dollar rebounded after a period of weakness, while the British Pound surged due to strong GDP data, impacting the Forex market and potentially influencing cryptocurrencies.
Former President Trump advocates for significant Federal Reserve rate cuts to 1% and discusses potential leadership changes at the Fed, while economic indicators suggest a possible downturn.