بنكي | GLOBAL

World Bank: Rising Trade Barriers Push Global Economy Toward Weakest Growth in 60 Years

The World Bank has issued a new report warning that the global economy may be entering a prolonged period of slowdown, potentially making the current decade the weakest for economic growth since the 1960s.

Gold Prices Rise Amid Ongoing U.S.-China Trade Uncertainty

Gold prices climbed during trading on Wednesday, driven by persistent uncertainty surrounding a potential trade agreement between the United States and China, as well as investor anticipation of upcoming U.S. inflation data.

Global Gold Prices Decline Amid U.S.-China Trade Talk Uncertainty

Gold prices fell globally on Tuesday, June 10, as markets reacted to uncertainty surrounding the ongoing trade negotiations between the United States and China. The talks, which focus on sensitive issues such as tariffs and restrictions on rare earth metals, are being closely monitored by investors.

Dollar Pressured by Trade Tensions and U.S. Jobs Data Anticipation

The U.S. dollar came under slight pressure on Wednesday as financial markets adopted a cautious tone ahead of key labor market data. This weakness was amplified by renewed trade frictions, particularly following the enforcement of increased tariffs on steel and aluminum imports, signaling potential volatility ahead.

Gold Rises Amid Trade Uncertainty and Weaker Dollar

Gold prices experienced a notable increase, driven by rising global economic uncertainty and renewed trade tensions between the United States and China. The precious metal benefited further a weakening U.S. dollar, prompting a flight to safe-haven assets amid concerns of a deeper-than-expected global slowdown.

OECD Lowers Global Growth Forecast Amid Rising Trade Protectionism

The Organisation for Economic Co-operation and Development OECD has significantly lowered its global economic growth forecasts, indicating that the world economy is heading for a deeper slowdown than previously expected. In its latest report, the OECD projects growth to decline 3.3% in 2024 to 2.9% in both 2025 and 2026, compared to earlier estimates of 3.1% for 2025 and 3.0% for 2026.

Bank of Japan Governor: No Intention to Raise Interest Rates Without Actual Improvement in Economy and Inflation

Kazuo Ueda, Governor of the Bank of Japan, affirmed that the central bank will not significantly raise interest rates unless there is a clear improvement in economic performance and inflation rates.

Jamie Dimon Warns: Investors Could Be Surprised if Markets Move Against Expectations

Jamie Dimon, CEO of JPMorgan, has warned that financial markets may not unfold as many investors expect, pointing to complex factors that could lead to unexpected surprises.

Rising Trade Pressures Push the European Central Bank Toward Another Interest Rate Cut

Morgan Stanley Expects 9% Decline in U.S. Dollar Due to Slowing Growth

Experts at Morgan Stanley forecast that the U.S. dollar could decline to levels last seen during the Covid-19 pandemic by mid-2026, impacted by interest rate cuts and slowing economic growth, according to the banks latest outlook.

Dollar Slides Amid Trade Tensions and Rising Fiscal Concerns

The U.S. dollar opened the week on a weaker note, reflecting renewed market anxiety over protectionist trade policies and their potential to curb economic growth while fueling inflationary pressures.

Gold Prices Rise Amid Dollar Weakness and Growing Trade & Geopolitical Tensions