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The US markets and economy are currently under an intense overhaul. The US markets have been witnessing a steady decline as the US dollar continues to weaken. Experts are stating that the US dollar is headed for a further decline in the near future, driving the investor sentiment towards Bitcoin and gold. At the same time, the US Fed jobs data is also reporting stagnating numbers, spelling trouble for the US economy to deal with. Also Read: Investors Ditching US Dollar For Bitcoin, Gold: Citadel CEO The US Dollar’s Global Share Is Rapidly Declining Source: Pixabay According to the latest update by the Kobeissi Letter, the US dollar’s stature as the reserve currency asset is now standing at a precarious threshold. The platform reported that the US dollar’s reserve currency dominance is now falling, with its forex presence depleting at a consistent pace. The USD’s share in global banks has fallen by 1.5% in Q2, to 56.3%, the lowest it has been since 1994. “The US dollar’s reserve cu...

According to a Reuters report of BlackRock’s Q3 fixed income outlook note, the world’s largest asset manager is concerned about the rising US government debt. The financial institution believes that the surging debt could drain investor interest in US long-dated treasuries and the US dollar. Investors could instead look outside the US for investment opportunities. Also Read: BRICS: 50+ Nations Now Use Yuan, Rupee, Ruble, Not US Dollar in Trade De-Dollarization May Gain As US Debt Rises Source: Watcher.Guru According to BlackRock’s fixed income executives, de-dollarization risks could increase due to rising government debt. According to the report, “ We’ve been highlighting the precarious position of the US government’s indebtedness for some time now, and, if left unchecked, we view debt as the single greatest risk to the ‘special status’ of the US in financial markets. “ President Trump’s tariffs have led to substantial market fluctuations...

A soft landing appears increasingly likely for the US economy right now, as GDP growth slowdown indicators suggest controlled deceleration rather than recession. The Federal Reserve interest rates strategy is showing results, with inflation control measures taking effect while economic recession risk remains manageable. At the time of writing, economists are cautiously optimistic about achieving this delicate balance. Also Read: Top 50 Global Economies in 2025 by IMF GDP Forecast Economic Indicators Point to Controlled Slowdown Source: Watcher.Guru GDP Growth Shows Strategic Deceleration The current GDP figures reveal an interesting pattern that supports the soft landing thesis. At $29.96 trillion, the US economy posted a 0.80% increase from the previous quarter and also managed a 4.67% rise compared to the same quarter last year. This GDP growth slowdown is being carefully monitored by policymakers who view it as a necessary cooling rather than a warning sign. The controlled nature o...

The growing geopolitical tensions have only intensified in recent weeks amid the United States’ new Liberation Day tariff plan. Although it has been scaled back in a myriad of ways, the nation’s currency appears to be paying the price. In an interesting turn for the BRICS bloc, the US dollar has fallen again as trade fears grow. Interestingly, US President Donald Trump had previously threatened the alliance with 150% tariffs due to their de-dollarization endeavors. The warning never actualized, but his stance on their policies was clear. Now, his efforts to balance trade for the nation have effectively done similar to the global reserve asset. Source: The New York Times Also Read: BRICS Launches Initiative for International Payments System US Dollar Struggles as Trade Fears Look to Benefit BRICS Bloc It has been a rather concerning month for the global economy. US President Trump has ushered in a strong America-first policy in the form of his new tariff plan. Subsequently, i...

Donald Trump has once again struck the market with a fresh spree of tariffs. The US president has levied 25% tariffs on the European Union, followed by deploying an additional 10% tariffs on China. Minutes after the aforementioned tariff announcement, the cryptocurrency market felt the aftereffects of it, with Bitcoin plunging below $80K price levels. Are Trump’s tariff spree ideations spelling trouble for the US economy? Let’s find out. Also Read: US Car Dealership Officially Accepts Pi Coin as New Payment Option Trump’s Tariff Strategy: A Blunder or a Boon? Source: LA Times Donald Trump is currently on an aggressive tariff spree. The 47th US president is currently busy imposing tariffs on nations, levying 25% and 10% tariffs on imports from the EU and China, respectively. Trump’s tariff decision had a massive global effect, with markets tumbling down due to the rising trade war fears. At the same time, Trump has also levied taxes on Mexico and Canada, sparking issues for US auto...

In a press conference at his Mar-a-Lago Tuesday, US President-elect Donald Trump said that his administration “will cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before.” The incoming President has introduced several new policies in his economic plan, all of which will supposedly rescue the country’s economy. JUST IN: President-elect Trump says "we will cut taxes, slash regulations, raise wages and boost incomes at a pace the world has not seen before." pic.twitter.com/lPBOz6g476 — Watcher.Guru (@WatcherGuru) January 7, 2025 Trump’s plans for the economy are very ambitious, proposing several tax cuts and new tariffs. Republican policymakers are focused on extended tax cuts that benefit ordinary Americans. Donald Trump has also promised new tax cuts for people above 60. In addition, he plans to release a road map that includes new funding for border security, a top priority under his recent campaign. As a candidate, ...

In a drastic new sentiment shift, Saudi Arabia has not renewed its decades-long PETRODOLLAR agreement with the US, actively jeopardizing its trade relationship with the United States. The financial world is now bracing for its collective impact, as Saudi Arabia officially spearheaded efforts to move away from the US dollar dependency. Also Read: The US Dollar Or Japanese Yen: Which Currency Is Realistically Stronger? US Dollar: Saudi Arabia Ditches the Petrodollar Source: Reuters / AFP In an ever-changing and dynamic for the US dollar in a multipolar world, Saudi Arabia has decided to ditch its decades-long petrodollar agreement. The contract enabled the US to secure oil from the Arab nation by establishing two important requisites. Firstly, the nations will establish cooperation between themselves. And secondly, the US will help the Saudi Arabian regime fulfill its necessary military requirements. Saudi Arabia ditches US dollar and will NOT renew the 50 year ...

With gold rallying to new highs this season, several financial analysts have made bold predictions concerning gold and its uniqueness as a hedge against inflation. While the US stock market and Bitcoin received major setbacks as geopolitical tensions rose to adopt a lethal layer, Gold maintained its stance ahead, delivering stellar returns to its holders. Also Read: Why Central Banks Are Aggressively Acquiring Gold? Analyst Says Ditch US Stock and Embrace Gold Image Source: Unsplash Gold is experiencing modest price swings this week, dipping by nearly $50 for the first time. The shiny precious metal has been touching new highs of $2400 before slipping back to $2,309 at press time.  The GOLD ’s massive rally was triggered by the central bank buying spree. As leading central banks worldwide hoarded GOLD , the metal prices shot up to break several new price ceilings. However, the sentiment since then has taken a slight dip, with analysts pouring in opinions on why G...