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Can Europe Beat the Heat Without More Air Conditioners? PriceONN 新闻
能源

Can Europe Beat the Heat Without More Air Conditioners?

With Europe facing more frequent and hotter heatwaves, the uptake of air conditioning systems has soared across the region in recent years. This trend is driving energy demand and making it more difficult for countries to reduce reliance on fossil fuels in favour of renewable alternatives. Several countries across Europe have made ambitious green transition pledges, which is why many governments, companies, and researchers are exploring alternative, less carbon-intensive methods for cooling....

Yields Break First as Markets Wait for Inflation Confirmation PriceONN 新闻
外汇

Yields Break First as Markets Wait for Inflation Confirmation

Last week delivered no shortage of market-moving headlines, yet remarkably few decisive market moves. Investors had to navigate renewed US-Iran tensions, hawkish FOMC minutes, a surprise rate hike from the Reserve Bank of New Zealand, stronger-than-expected Canadian employment, and signs of structural policy shifts in Japan. Despite the unusually dense news flow, most major asset […] The post Yields Break First as Markets Wait for Inflation Confirmation appeared first on ActionForex.

The Weekly Bottom Line: GDP Fireworks Ahead of Canada Day PriceONN 新闻
经济

The Weekly Bottom Line: GDP Fireworks Ahead of Canada Day

Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights The July 1st CUSMA extension deadline came and went, but this outcome was well telegraphed and the status quo, in terms of U.S. tariffs on Canada, remains. Canada’s economy popped in April and likely grew again in May. This […] The post The Weekly Bottom Line: GDP Fireworks Ahead of Canada Day appeared first on ActionForex.

Economics Week Ahead PriceONN 新闻
外汇

Economics Week Ahead

Next week’s headline CPI reading is expected to cool, largely reflecting a decline in energy prices. Retail sales are also expected to soften, driven in part by lower gasoline prices. While consumer spending has remained resilient, weakening fundamentals could become a headwind in the months ahead. We expect housing starts to rebound, but it will […] The post Economics Week Ahead appeared first on ActionForex.

BoC Set to Hold as Inflation and Growth Concerns Fade PriceONN 新闻
外汇

BoC Set to Hold as Inflation and Growth Concerns Fade

The Bank of Canada is widely expected to hold the overnight rate at 2.25% at Wednesday’s policy announcement-marking a sixth consecutive pause after 50 basis points of cuts over September and October last year. The BoC highlighted two-sided risks to the interest rate in their prior policy meetings – risks of cuts tied to potential […] The post BoC Set to Hold as Inflation and Growth Concerns Fade appeared first on ActionForex.

Europe’s Nuclear Plants Can’t Beat the Heat PriceONN 新闻
能源

Europe’s Nuclear Plants Can’t Beat the Heat

Europe’s blistering heat wave is threatening energy security across the continent as power plants shut down and the risk of rolling blackouts rises. Electric grids are overstressed, and ecosystems are too. Rivers are greatly affected by soaring temperatures, which in turn impacts the energy industry and power plants that rely on that water supply for their cooling systems. Just this week, France announced that it will reduce production at as many as five nuclear power plants, with two already...

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare PriceONN 新闻
能源

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

Kazakhstan is growing more possessive of its petroleum products as a gasoline shortage tightens its grip in Russia and the US-Iran conflict reignites. Kazakh officials have established new police checkpoints on almost 60 roads along the country’s lengthy border with Russia to curb ‘gasoline tourism,’ according to local news reports. In addition, new restrictions have been introduced at border checkpoints, limiting trucks and cars to one crossing per day. In recent weeks, as gasoline shortages...

Silver Price Forecast: Lower high structure holds, bear's eye $55.00 PriceONN 新闻
大宗商品

Silver Price Forecast: Lower high structure holds, bear's eye $55.00

Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is “over.” At the time of writing, the XAG/USD trades at $59.66.

Gold price slips as Trump says Iran ceasefire is over PriceONN 新闻
大宗商品

Gold price slips as Trump says Iran ceasefire is over

Gold (XAU/USD) price retreats on Friday during the North American session, pressured by US President Donald Trump's comments allowing the resumption of US-Iran talks, but reiterating that the ceasefire is “over.” The XAU/USD pair trades at around $4,103, down 0.48%.

Crude Oil Moves Lower As Middle East Tensions Gradually Ease PriceONN 新闻
能源

Crude Oil Moves Lower As Middle East Tensions Gradually Ease

(RTTNews) - Extending the losses from Thursday's session, crude oil prices have declined sharply on Friday as efforts by third-party mediators to bring the U.S. and Iran back to the negotiating table intensify while the Middle East remained free from any new U.S. versus Iran atta

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