بنكي | GLOBAL

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

U.S. Economy Contracts for the First Time in Three Years: GDP Shrinks by 0.2% in Q1 2025

The U.S. economy experienced its first contraction in three years during the first quarter of 2025, with gross domestic product GDP declining at an annualized rate of 0.2% between January and March.

Gold Surges by 25% in Five Months, Reshaping the Global Financial Landscape

In a world marked by escalating geopolitical tensions and volatile financial markets, gold has forcefully reasserted its position as a safe haven and reliable store of value. The yellow metals impressive performance in the first five months of 2025 signals not a temporary trend, but a structural shift in investor behavior and global market dynamics.

India's Economic Growth Surges Beyond Expectations in Final Fiscal Quarter

Indias economy recorded a stronger-than-expected growth rate in the final quarter of the fiscal year, driven by a moderate recovery in agricultural activity and a notable rise in investment, despite rising global economic uncertainty.

South Korea Cuts Interest Rates to Support Economy Amid Political and Trade Turmoil

In a move aimed at supporting the domestic economy ahead of the presidential elections, the Bank of Korea announced on Thursday a 25 basis point cut in its benchmark interest rate, lowering it 2.75% to 2.5%. This unexpected decision comes just five days before the scheduled election on June 3rd, amid political instability and visible signs of economic slowdown.

U.S. Dollar Rises Following Court Ruling Against Trump’s Tariff Powers

The U.S. dollar experienced a notable rise during early Thursday trading, supported by a court decision that prevents former President Donald Trump imposing tariffs on foreign imports. This judicial development marks a significant shift in U.S. trade policy and has had an immediate impact on financial markets, particularly the foreign exchange market.