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Europe hopes for cheaper gas while Italy sweeps up available LNG
In July, Italy became the EU’s top importer of liquefied natural gas. With prices having doubled since the start of the year amid the Middle East crisis, neighbouring countries sharply...
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Traders anticipate extreme weakness in Japanese yen
The collapse of the Japanese yen to nearly 40‑year lows in 2026 has been driven by the Bank of Japan’s ultra‑loose monetary policy rather than fears of a fiscal crisis...
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UBS analysts anticipate gold gains, but market patience required
Gold prices could resume their upward trajectory in the second half of 2026 if the US Federal Reserve refrains from raising interest rates and central banks maintain a high pace...
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OPEC+ agrees to boost oil production amid US diplomatic efforts in Middle East
Saudi Arabia, Russia, and five other key members of OPEC+ have agreed to increase oil production by 188,000 barrels per day starting in September. Following this, the alliance plans...
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Friedrich Merz сalls for hundreds of billions in cuts to €2-trillion EU budget
Germany’s Chancellor Friedrich Merz said during an official visit to Dublin that the European Union’s new financial framework must rule out any significant increase in spending. In his view...
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Trump unwilling to extend trade agreement with Canada and Mexico
US President Donald Trump cast doubt on extending the three‑party trade agreement with Canada and Mexico (USMCA), saying he is not committed to preserving the pact. The US leader argued...
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Germany probes China’s economic vulnerabilities ahead of potential trade conflict
Germany is conducting a covert analysis of trade flows, supply chains, and data of Chinese companies to uncover weak points in China’s economy. Bloomberg reports that German authorities are seeking...
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Fed holds interest rates steady
The US Federal Reserve has kept the target range for the federal funds rate unchanged at 3.50–3.75% following the July meeting of the Federal Open Market Committee. This marks...
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Saudi Arabia considers new oil pricing for Asia as Houthis threaten flows
State-owned Saudi Aramco is preparing to introduce a separate official price for oil shipped to Asian buyers from the Mediterranean port of Sidi Kerir in Egypt. This adjustment in pricing...
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SpaceX drops nearly 21% below IPO price
Shares of Elon Musk's space company SpaceX have shown a negative trend, with their value falling approximately 21% below the initial public offering level. The stock was down 2.94%...