Economy

The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England (BoE) and US nonfarm payrolls (NFP) data. It…

Coca-Cola’s better-than-expected first-quarter earnings on Tuesday have reinforced investor confidence in its global, diversified strategy amid market volatility and trade concerns. In a subdued earnings season, revenue reached $11.22 billion,…

Mexico’s economy grew more than expected in the first quarter of 2025, preliminary data from the national statistics agency INEGI showed on Wednesday. GDP grew by 0.2%, against a flat growth forecast…

The USD/JPY exchange rate rose for the third straight day after the latest Bank of Japan (BoJ) interest rate decision. It jumped to an intraday high of 143.67, up from…

Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy. “Crude just can’t get an upside…

Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its trading partners wiped the sheen off the yellow metal. Safe-haven appeal…

The limited return of electricity to the Iberian Peninsula has revealed a more profound weakness within the area’s power infrastructure.Monday’s extensive and rapid power outage, which halted activity across much…

Brazil’s central bank has warned of a sharp drop in corporate profitability as the country’s aggressive monetary tightening begins to ripple through the broader economy.In its latest Financial Stability Report, released…

The Mediterranean Sea is nearing a critical deadline set by the International Maritime Organization (IMO) to lower bunker fuel sulfur limits. While the region was designated an Emission Control Area (ECA)…