FX.co ★ Forex Humor. A look at the Forex market with Humor
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Scott Bessent predicts OPEC’s breakup once Middle East conflict over
US Treasury Secretary Scott Bessent declared the imminent dissolution of the Organization of the Petroleum Exporting Countries (OPEC) once the situation in the Middle East is settled. RIA Novosti reports...
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EU to introduce "Made in Europe" criterion to block Chinese suppliers from public contracts
The European Commission has drafted a sweeping reform of public‑procurement rules that would allow EU countries and local authorities to independently bar Chinese businesses from government contracts. German newspaper Handelsblatt...
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UBS sees two Fed rate hikes this year after Warsh’s hawkish signals
According to strategists at UBS, the US Federal Reserve could raise its policy rate twice before year‑end, at the September and December meetings. The revision led by Jonathan Pingle...
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EU and Canada preparing strategic alliance to counter US dominance
The European Union and Canada are set to unveil a sweeping strategic partnership aimed at deepening trade, technology, and defence ties, Bloomberg reports. The initiative reflects a coordinated effort...
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Yen posts best monthly performance among majors after intervention‑free rally
The Japanese yen extended its rapid rally on September 8, briefly gaining about 1% and rising to ¥152.89 per US dollar, bringing quotes close to the year‑high area around ¥152.1...
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Copper rallies 17% YTD as demand from data centers and green energy surges
Global copper prices hit a fresh record, rising to $14,635 a ton. Bloomberg reports that the rally was driven by acute physical tightness, compounded by expectations that the United States...
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Brent nears $100 as Iran conflict escalates
Global benchmark Brent crude resumed a sharp advance, edging toward the psychologically important $100‑per‑barrel level amid mounting fears of a prolonged military standoff in the Middle East. Futures...
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Canada retaliates against Trump tariffs with duties up to 50% on US steel and consumer goods
Canada’s government, led by Prime Minister Mark Carney, has approved retaliatory customs duties ranging from 15% to 50% on hundreds of categories of US products. Bloomberg reports that the import...
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China’s gold reserves reach 2,366 tonnes as central bank steps up purchases
China’s influence on the global gold market is taking on a deeper structural character, driven by large purchases by the People’s Bank of China, household investment, inflows of institutional capital...
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Biden’s son aims to push Donald Trump aside in crypto market with his own token
Hunter Biden, son of former US President Joe Biden, has decided to enter the crypto market by launching his own memecoin under the ticker $LAPTOP as a rival...
