Where is USA now after Donald Trump assumption? – Prophet Forecast’s Analysis
China retaliated with strong measures against Washington’s record-high tariffs, but other countries have preferred a softer approach. One month after…
Volkswagen, GM, Nissan adopt Chinese technology as they strive to win back EV market share
Foreign carmakers from Volkswagen to General Motors (GM) and Nissan are fighting back in mainland China as they unveiled new…
Monthly Prophet Forecast of Gold May 2025
This isn’t to say that gold can go higher from here, quite frankly both can go straight up in the…
NZD/USD drifts higher above 0.5900 on US-China trade optimism
The NZD/USD pair posts modest gains near 0.5935 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD)…
China factory activity stumbles, Australia inflation eases
Australian inflation slowed in the latest reading but still came in ahead of expectations, reinforcing expectations that the Reserve Bank…
California passes Japan as fourth largest economy- Prophet Forecast Report
California’s economy has overtaken that of the country of Japan, making the US state the fourth largest global economic force.…
Trump says he’ll blame Biden again for 2nd quarter GDP after blaming him for Q1 drop
President Donald Trump on Wednesday blamed former President Joe Biden for the U.S. economy contracting in the first quarter of…
Trump Rejected Germany proposal “zero-for-zero” tariff solution with USA
The trust between Europe and the U.S. is not yet broken despite President Donald Trump’s aggressive tariff policies, Joerg Kukies,…
EU to appeal WTO finding that China’s IP practices do not violate TRIPS
The European Union on Thursday said it will appeal — via arbitration and not the defunct Appellate Body — a…
World Trade Decline Predicted by Prophet Forecast Forum: Implications for Cryptocurrency Trading
Prophet Forecast Forum issued a revised forecast for global trade, predicting a contraction of 0.2% in 2025, a significant downturn…