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The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI.The data reaffirms BoJ rate hike bets and boosts the JPY amid geopolitical risks. Dovish Fed expectations undermine the USD and exert pressure on USD/JPY.The Japanese Yen (JPY) retreats a few pips from over a one-month high touched against a weaker US Dollar (USD) during the Asian session on Tuesday, in reaction to strong domestic inflation data. US President Donald Trump’s announcement to delay imposing tariffs on the European Union (EU) is seen as acting as a headwind for the safe-haven JPY. However, geopolitical risks and US fiscal…
Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50% tariffs against European Union imports until July 9, to allow more time to reach a trade deal.
Gold has historically symbolised prestige and luxury, with ownership of the asset conveying status and wealth. This lasting connotation explains why gold is a good long-term investment now and why that’s been the case for centuries. Gold still holds cultural significance today in many countries, largely India and China, where it is gifted by families at times of betrothal, marriage and birth. To this day, gold remains a go-to asset in times of uncertainty. Read on to find out why gold is a smart investment for the long term. Gold has doubled in value in the past 10 years Looking back just…
Australia is the world’s third-largest gold producer and is home to some of the most technologically sophisticated and innovative mines. The impacts of high gold prices are real and immediate: higher revenues, increased royalties, and additional employment in regional economies.In FY2023, gold was Australia’s third-largest export, behind iron ore and coal, and contributed more than AUD $27 billion to the economy. With prices going even higher in 2025, that figure is poised to break new records. Gold mining companies, from major producers to junior explorers, are enjoying increased margins and renewed investor interest.Local investor demand for gold is also building.…
Trump’s Tariffs the EU’s Fragile Unity and the Bigger Forex Picture Understanding the EU and tariffs with forecasts for the EurUsd and UsdJpy by the Savvy Trader Trump’s Tariffs and The Bigger Forex Picture President Trump’s renewed frustration with the European Union has resurfaced in the form of aggressive trade policies. The latest one is a threat to impose 50% tariffs on EU imports. To some, this move may seem like a calculated strategy. But in reality, it reflects a misunderstanding of how the EU operates and the challenges of negotiating with a fragmented bloc. The Complexity of…
The chip stock snapped a four-week streak of gains. BofA analysts say this week’s earnings report could include “messy” guidance.
Have you ever wondered how to turn your business’ old, unused scrap metal into cold, hard cash? If so, you’re in the right place. In this beginner’s guide, we’ll walk you through the process of selling scrap metal to a refinery, step by step. From understanding the different types of scrap metal to finding the right refinery for your needs, we’ve got you covered. Finding the Right Refinery It’s important to find the right refinery to sell your scrap metal to. Different refineries specialize in processing specific types of scrap metal, so you’ll want to do some research to identify…
Selling gold jewelry can be a highly effective way to obtain quick cash, whether you require funds for an emergency or wish to declutter your belongings. However, to secure the highest possible return, it is essential to comprehend the intricacies of the gold market and the selling process. This comprehensive guide is designed to provide you with detailed insights into maximizing the value of your gold jewelry. From understanding the factors that determine its worth to learning how to negotiate the best price, this guide will equip you with the knowledge and strategies necessary to make informed and profitable decisions.…
Volatility Ahead! We firmly believe every trading market has a season of lean and abundant periods of opportunity. However, not since the GFC (Global Financial Crash) have we witnessed such activity and increased trading opportunity as volatility continues to soar in the Forex markets. Added volatility opens up lots of possibilities. Speculators and traders are sensing it, and market participation is surging. It is a known fact that in times of high volatility, the options of profit are high, but as a word of caution, so is the RISK! One must always weigh the Risk / Reward scenario under these…
On Friday, President Donald Trump threatened Apple with 25% tariffs on any iPhone sold, but not made, in the U.S.