In remarks delivered overnight, Spanish ECB Governing Council member Jose Luis Escriva highlighted that “growth risks are more downside than upside.” While he acknowledged that supportive fiscal policy could offer some near-term uplift, he stressed that the broader risks — particularly to the downside — are dominating the economic outlook. Escriva painted a grim picture […]
The post ECB’s Escriva warns of extreme uncertainty and skewed growth risks appeared first on Action Forex.
Key takeaways Silver underperforms despite geopolitical risk: Silver (XAG/USD) has lagged major assets, falling sharply since the US–Iran conflict and failing to attract safe-haven demand, with momentum—not fundamentals—driving price action. Bearish trend remains intact technically: Read more…
The US has no intention of reopening the Strait of Hormuz and is demanding that Iran sign an agreement. The narrowing of the spread between the spot and futures markets is a positive sign, but Read more…
Fierce competition is one of the biggest challenges for the cosmetics sector, which consists of 5,085 businesses in the cosmetics and beauty products manufacturing industry that generated about $39.3 billion in revenue in 2025, according Read more…