The UK economy shrank by 0.1% in May 2025, following a 0.3% drop in April, marking two straight months of contraction. With GDP declining and market concerns rising, this economic slump could significantly impact your savings, investments, and everyday spending decisions. Why Is the UK Economy Contracting? Chancellor Rachel Reeves has acknowledged the “disappointing” figures. Meanwhile, the … Read more
Despite global efforts to transition away from fossil fuels, the Organization of the Petroleum Exporting Countries (OPEC) has issued a clear message: the oil era is far from over. In its latest World Oil Outlook, OPEC projects that global oil demand will rise from 104 million barrels per day in 2024 to nearly 123 million … Read more
In a historic move, Bitcoin surged past $112,000 on Thursday, setting a new all-time high as risk assets rallied across the board. The sharp rise came amid an environment of geopolitical uncertainty, including a fresh round of tariff threats from President Trump and mixed signals from the Federal Reserve about the future of interest rates … Read more
Eurozone bond yields declined this week, driven primarily by global factors rather than regional economic changes. In particular, Germany’s benchmark 10-year Bund yield fell by 4 basis points to 2.578%, reversing part of last week’s spike tied to concerns about UK gilt markets and U.S. jobs data. Why Are Yields Dropping? What It Means for … Read more
The euro’s significant appreciation in 2025 is beginning to exert pressure on the earnings of European companies. As the second-quarter earnings season unfolds, analysts anticipate weaker profitability across several key sectors, driven by the dual challenges of a stronger currency and softening demand. Recent analysis from Bank of America suggests that the combination of a … Read more
President Donald Trump issued another set of trade letters on Wednesday, expanding his tariff agenda to include new potential duties on countries ranging from the Philippines to Moldova. The letters, which bring the total released this week to 20, propose tariffs between 20% and 30%, set to take effect on August 1. The six letters … Read more