Musk Breaks Ties with Trump, Sending Tesla Stock Plunging Over 14% as U.S. Market Faces Political and Economic Uncertainty

Elon Musk’s Public Fallout with Trump Sends Tesla Stock Plunging Over 14% in a Day A dramatic public rift between Elon Musk and former President Donald Trump has rattled financial markets, triggering a sharp selloff…

ECB Cuts Interest Rate to 2% as Core Inflation Eases, Signals Shift to Looser Monetary Policy

On June 5, the European Central Bank cut its deposit rate to 2% in an effort to revive sluggish economic activity and boost consumer spending across the eurozone. With core inflation easing and growth forecasts…

Trump and Xi’s Call Signals Easing Tensions — Fresh Uncertainty in U.S.-China Trade Shakes Global Markets

U.S.-China Call Shakes Markets A recent phone call between U.S. President Donald Trump and Chinese President Xi Jinping has added a new twist to the ongoing trade tensions between the two economic powerhouses. While both…

Bank of Canada Holds Interest Rate at 2.75% Amid Inflation Uncertainty and U.S. Tariff Policy Watch

The Bank of Canada held interest rates steady at 2.75% in June, signaling lingering uncertainty in both economic growth and inflation trends. Governor Tiff Macklem highlighted the U.S. administration's new tariff measures as a key…

Japanese Yen Strengthens in June 2025: Hawkish Bank of Japan Policy Signals Further USD/JPY Pullback

The Japanese yen continued to strengthen in June 2025, supported by the Bank of Japan’s increasingly hawkish policy stance. The USD/JPY pair has entered a short-term downtrend, and a break below a key support level…

Gold Prices Hold Steady at High Levels Amid Geopolitical Tensions and US-China Trade Uncertainty, Safe-Haven Demand Fuels Upward Momentum

Gold Prices Hold Steady Amid Rising Geopolitical Tensions and U.S.-China Trade Uncertainty Gold prices remain elevated as investors seek safe-haven assets in response to heightened geopolitical risks, prolonged U.S.-China trade tensions, and an uncertain U.S.…

Australia’s Q1 2025 GDP Grows Just 0.2% Amid Weak Consumer Spending and Rising Savings, Fueling Rate Cut Speculation

Australia’s economy grew just 0.2% in the first quarter of 2025, falling short of market expectations and highlighting sluggish recovery momentum. Weak consumer spending and flat government expenditure dragged down overall performance, while a rise…

Wildfires and OPEC+ Production Cuts Drive Up Global Oil Prices as Investors Watch China’s Demand and Market Outlook

Global oil prices surged noticeably this week, driven primarily by wildfires in Canada’s oil sands region that disrupted production. Adding to supply concerns, OPEC+ stuck to its original output plan and refrained from releasing additional…