#MarketNews
Stay informed with our latest market news updates. Get timely insights into global economic events, financial market trends, and key developments impacting your trading decisions.
fourtrades
#MarketNews
☀️ Happy Friday, dear traders! This week was intense, and we hope you enjoyed it! Let's take a look at our end-of-week news:
☄️ The International Monetary Fund criticized the US for its 6.7% GDP deficit and projected a 140% debt-to-GDP ratio by 2032, warning of risks from trade policies and insufficient banking reforms.
???????? The US is easing sanctions on Russia, Iran, and Venezuela to prevent a global oil price surge, potentially increasing Venezuelan production by 200,000 barrels/day .
???????? Tokyo's inflation rose to 2.1% in June, driven by a 3.8% increase in natural gas prices. Industrial output grew 2.8% in May, likely prompting a Bank of Japan rate hike in July .
???????? The UK's economy grew by 0.7% in the first quarter of 2024, surpassing the initial estimate of 0.6%, with GDP 0.3% higher than a year earlier .
???????? French inflation slowed to 2.5% in June, down from 2.6% in May, just two days before elections, aligning with expectations.
???? Coinbase partners with Stripe to enable USDC transfers on its blockchain project, Base, integrating Stripe's fiat-to-crypto on-ramp for instant USDC purchases .
???? Tesla's design changes have led to 266 problems per 100 vehicles, impacting consumer satisfaction and potentially reducing sales, thus posing economic risks for the company .
???? Amazon delayed the launch of its Project Kuiper broadband satellites to Q4 2024, with customer tests in 2025, shifting from the initially planned first-half launch .
❓How was your trading week? Share your opinion in the comments????
