Daily Economic Reports

Key Takeaways ECB raises rates: The deposit rate was lifted to 2.25% from 2% — the first increase in almost three years — in line with expectations. Iran war the trigger: A spike in energy prices driven by the Middle East conflict is the primary force behind the policy shift. …

Key Takeaways Bitcoin recovers: The world’s largest crypto rose 2.2% to $62,673.7, bouncing from last week’s $59,000 low. U.S. ends latest strikes: The military signaled it had concluded its latest round of attacks on Iran, spurring de-escalation hopes. Trump’s ultimatum: The president threatened more attacks if Tehran did not immediately …

Key Takeaways Broad recovery: The Stoxx 600 rose 0.6% after hitting a three-week low Wednesday; FTSE 100 gained 0.7%, Italy’s MIB jumped 1.1%, Germany’s DAX was flat near three-week lows. Buy-the-dip mentality intact: “Each pullback over the past week has attracted fresh demand, preventing a deeper correction from taking hold,” …

Key Takeaways Oil retreats: Brent fell 1.4% to $91.76 per barrel, while WTI dropped 1.3% to $88.88 — erasing earlier gains of more than 2%. Prior session’s gains unwound: Both contracts had settled nearly 2% higher Wednesday before Thursday’s reversal. Talks continue despite strikes: CNN reported the U.S. and Iran …

Key Takeaways Gold recovers from 6-month low: Spot gold rose 0.6% to $4,093.35 per ounce after touching $4,023.96 — its weakest since late November. Gold futures dip: U.S. gold futures fell 0.5% to $4,114.25 amid higher-for-longer rate expectations. Prior session’s 4%+ crash: Wednesday’s severe selloff preceded Thursday’s tentative bounce. U.S. …

Consumer inflation in the United States continued to accelerate in May, highlighting the ongoing impact of elevated energy prices on the broader economy. Annual inflation rose to 4.2%, up from 3.8% in April, matching market expectations and reinforcing concerns that price pressures remain persistent. The increase reflects the continued influence …

Stronger Inflation Revives Demand for the US DollarThe US Dollar strengthened on Wednesday after fresh inflation data showed that price pressures in the United States remain higher than expected. The latest figures reinforced market expectations that interest rates could remain elevated for a longer period, boosting demand for the greenback …

Stocks Slide as Investors React to Inflation and Geopolitical RisksU.S. stocks closed sharply lower on Wednesday as investors digested a stronger-than-expected inflation report and growing geopolitical tensions in the Middle East. The combination of rising price pressures and renewed concerns about the Iran conflict triggered broad selling across Wall Street, …

Bitcoin Struggles as Investors Shift Toward Safer AssetsBitcoin remained under pressure this week as investors reacted to rising geopolitical tensions, persistent inflation concerns, and weakening demand across cryptocurrency markets. The world’s largest digital asset slipped toward the critical $60,000 level, extending a recent decline that has weighed on sentiment throughout …

The euro traded in a narrow range on Thursday as investors awaited the European Central Bank’s latest policy announcement. Market participants largely expect policymakers to raise interest rates again as they continue efforts to contain inflation across the Eurozone. Despite expectations of tighter monetary policy, traders have remained cautious ahead …