Brazil’s central bank expressed confidence in its capacity for keeping inflation close to the official target until the end of 2027, as it published medium-term projections on Thursday in which the price growth continues to slow. In its quarterly monetary policy report, the bank lowered inflation estimates for 2025 and…

Disagreements on import duties for auto components, steel, and farm goods have stalled trade talks between India and the US.The disagreements jeopardise hopes for a deal before US President Donald Trump’s July 9 deadline for reciprocal tariffs, according to a Reuters report on Thursday. This stalemate represents a significant departure from…

The recent rise in retail sales growth in China due to stimulus measures is just temporary, according to Commerzbank AG. The policy impact is unlikely to be long-lasting, the German bank said. A significant increase in loss-making businesses indicates a gloomy outlook for business confidence and employment, subsequently impacting consumer confidence.“Therefore, Beijing…

The current outlook for gold and silver prices remain uncertain as the daily moving average convergence and divergence continues to fall back to neutral levels, experts said. Gold is set for considerable weekly losses on Friday, with new risks of decline appearing before the release of the US Personal Consumption Expenditures…

The United States and China have formally finalized a trade understanding first reached last month in Geneva, a move that could ease tensions between the world’s two largest economies. The deal, which includes a Chinese commitment to deliver rare earth minerals essential to key US industries, was signed two days…

Shares of Nike surged as much as 10% in premarket trading on Friday after the company offered a more optimistic first-quarter revenue forecast and outlined strategic measures to reduce its dependence on Chinese manufacturing. The moves, aimed at countering the impact of tariffs and rebuilding wholesale partnerships, sparked investor optimism…