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In an in-depth interview with BullionStar, economist and former Goldman Sachs and Bear Stearns managing director Dr. Nomi Prins shared her perspective on the accelerating shift in global finance—driven by sovereign debt concerns, geopolitical tensions, and renewed interest in real assets such as gold. Drawing on themes from her books Permanent Distortion and Collusion, Prins outlined the structural disconnect between financial markets and the real economy, and explained why she believes gold is becoming a foundational asset in the emerging monetary order. From Wall Street to a Global Macroeconomic Lens Reflecting on her transition from senior roles at Goldman Sachs…
Japan’s top trade negotiator, Ryosei Akazawa, said on Monday that he will continue working with the United States (US) to reach an agreement while defending national interest.Key quotesWill continue working with the US to reach an agreement while defending national interest.Aware of Trump’s comment on autos, will decline to talk about it.It was unfortunate I couldn’t meet Bessent this time.Market reactionAt the time of writing, the USD/JPY pair is trading 0.45% lower on the day to trade at 143.98. Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of…
America’s retirement trust fund is expected to run dry by 2034. A U.S. economic downturn would only make a bad situation worse.
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher.A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure.A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside.Silver price sinks more than 1% on Friday, ahead of the weekend, after refreshing a five-day high of $36.83, ahead of $37.00. At the time of writing, XAG/USD trades at $36.16 due to a slight recovery in the US Dollar and rising US Treasury yields.XAG/USD Price Forecast: Technical outlookSilver price retreated, forming a ‘bearish engulfing’…
Backed by an army of retail traders, Vlad Tenev is shaking up the financial order.
Highlights include US NFP, ISMs, EZ CPI, Japanese Tankan,China PMIs and Swiss CPI Newsquawk Week Ahead: Highlights for 30th June-4th July 2025 MON: Japanese Industrial Output (May), Chinese Official PMIs (Jun), German Retail Sales (May), German/Italian Prelim CPI (Jun) TUE: Japanese Tankan (Q2), Chinese Caixin Manufacturing PMI Final (Jun) EZ, UK & US Final Manufacturing PMI (Jun), German Unemployment (Jun), EZ HICP Flash (Jun), US ISM Manufacturing PMI (Jun), WED: NBP Policy Announcement; US Challenger Layoffs (Jun), ADP (Jun), EZ Unemployment (May) THU: Chinese Caixin Services PMI (Jun), Swiss CPI (Jun), EZ, UK & US Final Composite/Services PMI (Jun),…
Americans spend an average of $33,000 on their big day, equivalent to between 25% and 50% of their annual household income.
USD/INR slides to two-week low amid broad US Dollar weakness and strong Rupee demand.Rupee supported by FII inflows, equity market gains, and falling Crude Oil prices.DXY holds near a three-year low as Trump’s Fed criticism and soft US GDP fuel rate cut bets.The Indian Rupee (INR) strengthens further on Friday, riding a wave of US Dollar (USD) weakness, as the Greenback slides further amid political noise and soft economic prints. US President Donald Trump’s fresh criticism of Federal Reserve (Fed) Chair Jerome Powell, paired with weaker-than-expected US Q1 Gross Domestic Product (GDP) data released on Thursday, is weighing heavily on…
“My wife of 20 years is a Japanese national and lives in the U.S. as a permanent resident.”
NZD/USD appreciated as the US Dollar struggles due to renewed concerns over the Fed’s independence.China will approve export applications for controlled items in return for the US lifting a series of restrictive measures.President Trump may choose his preferred candidate to lead the Federal Reserve next year.NZD/USD continues its winning streak for the fifth consecutive session, trading around 0.6070 during the European hours on Friday. The pair gained ground as the US Dollar (USD) struggled due to renewed concerns over the US Federal Reserve’s (Fed) independence.The Chinese Commerce Ministry stated on Friday, “London talks served to further confirm details on framework.”…