Daily Economic Reports

West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hitting a seven-week high as energy markets pin hopes on US-China trade resolutions and summer travel demand. With OPEC’s production hikes looming, the balance between supply and demand remains delicate. As trade talks unfold …

The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm European Central Bank stance lifted the Euro. US-China trade talks, a softening US Dollar, and ECB signals of limited rate cuts are reshaping currency markets. Amid mixed US economic data, the Euro’s strength hints …

Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading session on Monday, June 9 despite optimism in US-China trade talks. A weakening US Dollar, falling Treasury yields, and persistent geopolitical tensions are fueling gold’s safe-haven appeal. As markets brace for key US economic data …

Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a deep dive into transformative updates for iOS, iPadOS, macOS, and beyond. While last year’s AI-driven spectacle set high expectations, this year’s focus shifts to sleek software redesigns and incremental AI enhancements. These changes, alongside a …

Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised caution ahead of high-stakes U.S.-China trade talks and an important U.S. inflation report later this week. As of 01:37 ET (05:37 GMT), the world’s largest cryptocurrency stood at $105,435.20. The cryptocurrency has been in a consolidation …

European stocks traded cautiously on Monday, following a positive week, as investors remained on edge ahead of a new round of Sino-U.S. trade talks. The pan-European STOXX 600 index held steady at 553.21 points at 0746 GMT, after achieving gains over the previous four sessions. However, trading volumes were thin, …

Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the previous week. The market’s focus was squarely on high-level U.S.-China trade talks scheduled for later in the day, which fueled optimism for a potential de-escalation in the trade conflict between the two largest economies in …

Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, the losses were limited by the gains from the previous week and expectations of a potential U.S.-China trade deal that could support global economic growth and drive fuel demand higher. As of 0644 GMT, …

Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, underscores economic strength despite tariff headwinds. Healthcare and leisure sectors drove gains, adding 62,000 and 48,000 jobs, respectively, while manufacturing shed 8,000, hinting at trade pressures. The unemployment rate held at 4.2%, among the …

The US dollar teeters near multi-month lows, trading around 98.5, as markets await the Nonfarm Payrolls (NFP) report on June 6, 2025. Weak economic signals, escalating trade tensions, and federal job cuts paint a bearish picture for the USD. A disappointing NFP could lock in expectations of a Federal Reserve …