The United Kingdom and the EU are negotiating legal mechanisms to seize Russian assets worth billions of dollars despite resistance from several European countries.
Swiss bank UBS has revised its gold forecast, expecting prices to rise to $3.2K per ounce. Analysts attribute this to the increasing demand for safe-haven assets.
The U.S. President signed an executive order to reduce the Global Media Agency, raising concerns about the future of Voice of America and other government-funded channels.
The EU and Canada have responded strongly to the US's 25% tariffs on steel and aluminum, imposing countermeasures worth $29.8 billion and €26 billion, respectively.
The US currency weakened to 105.46 points against a basket of currencies, reaching its lowest level since December 2024. Investors fear the consequences of new tariffs.
Canadian Prime Minister Justin Trudeau stated that Ottawa would immediately introduce retaliatory tariffs on U.S. goods if Washington's new tariffs come into effect.
The rise in defense investments is stimulating the European stock market, but Spain is showing a decline. Investors are awaiting the ECB meeting amid positive economic data.
The British pound sterling fell by more than 1% to a three-week low following statements by Andrew Bailey about a possible more aggressive reduction in interest rates.
The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.
Despite the decline in PMI in Italy and the UK, European stock indices ended the day with gains, amid positive changes in other countries and expectations of ECB rate cuts.
The US dollar has strengthened against the euro and the pound amid expectations for the Federal Reserve, stable against the yen; the DXY index is rising
