Economic Report

The recent escalation of President Donald Trump’s feud with the Federal Reserve Chair has raised significant questions about the independence of the Federal Reserve, the potential economic consequences of such a move, and the legal grounds for removing a Fed chair. Here are five critical questions surrounding Trump’s desire to …

The Euro (EUR) has edged higher against the US Dollar (USD) in subdued trading conditions due to the Good Friday holiday, currently trading around 1.139, a 0.28% increase. While the pair has yet to decisively breach the 1.14 threshold, the prevailing market sentiment continues to exert pressure on the US …

Amid ascending warnings that the ongoing trade war could lead to a recession, Mohammed Hashad, Chief Strategist at Noor Capital and Member of the American Association of Technical Analysts, commented on the latest developments in markets and key financial assets during an interview on Dubai TV.As markets anticipate the European …

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, driven by trade war uncertainties and attractive yields elsewhere, there is no evidence of a large-scale Chinese withdrawal from the US bond market. The gradual reduction in China’s Treasury holdings reflects a strategic reallocation rather …

Bitcoin climbed on Thursday, rebounding from Wednesday’s lows as investors welcomed signs of possible trade de-escalation between the U.S. and major partners like Japan and China. Meanwhile, hawkish comments from Federal Reserve Chair Jerome Powell added a dose of caution but did little to dent the rebound in crypto markets. …

Oil prices surged more than 3% on Thursday, marking their strongest daily gain in weeks, as optimism over a potential U.S.-European Union trade deal and fresh U.S. sanctions on Iran stoked concerns about future supply constraints. Brent crude futures settled $2.11 higher, or 3.2%, at $67.96 a barrel West Texas …

The U.S. dollar caught a breather on Thursday, finding some relief despite fluctuating risk sentiment in global markets. Investors turned their focus to renewed tensions between political leadership and the Federal Reserve, with calls for lower interest rates and criticism of the Fed’s current stewardship stirring the financial landscape. These …

The stock market painted a mixed picture on Thursday, April 17, 2025, as the S&P 500 fought to recover from recent losses, gaining 0.8% in volatile trading. The Nasdaq Composite followed suit, inching up 0.4% after fluctuating throughout the day. However, the Dow Jones Industrial Average stumbled, shedding 300 points …

Gold prices took a breather on Thursday, easing 0.8% to $3,317.87 per ounce after hitting a record high of $3,357.40 earlier in the session. The pullback followed a robust 3.6% surge the previous day, driven by escalating trade tensions and a softer dollar. Despite the dip, bullion remains above the …

Bitcoin (BTC) is hovering just below $85,000, caught in a holding pattern as tensions escalate between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The cryptocurrency market, already rattled by global trade uncertainties, faces fresh volatility following Trump’s reported discussions about ousting Powell, raising concerns over central bank …