Daily Economic Reports

The European Central Bank (ECB) has slashed interest rates for the seventh time in a year, bringing borrowing costs to their lowest since late 2022. This latest move, a unanimous 25-basis-point cut to 2.25% on April 17, 2025, marks the culmination of a series of reductions that began in June …

European equity indices traded in narrow ranges on Thursday as investors remained cautious ahead of the European Central Bank’s (ECB) latest policy decision and digested a fresh round of corporate earnings. As of 03:15 ET (07:15 GMT), Germany’s DAX index rose 0.4%, while the CAC 40 in France slipped 0.2% …

Gold prices slipped in Asian trading on Thursday, pulling back from fresh record highs as investors booked profits following a sharp rally, while hawkish signals from Federal Reserve Chair Jerome Powell tempered bullish sentiment across precious metals. Spot gold fell 0.7% to $3,320.56/oz Gold futures (June delivery) dropped 0.4% to …

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. …

The U.S. dollar edged higher in Asian trading on Thursday, rebounding from multi-month lows against the yen as U.S.-Japan trade talks steered clear of currency issues, easing fears of official efforts to strengthen the yen. However, the dollar’s broader downtrend remains intact amid ongoing doubts about U.S. economic stability, tariff …

Oil prices rose for a second straight session in Asian trading on Thursday, fueled by renewed geopolitical tensions and supply disruption risks following the U.S. imposition of new sanctions on Iranian oil exports, while investors digested mixed U.S. inventory data. As of 21:35 ET (01:35 GMT): Brent crude (June delivery) …

The first-quarter earnings season for 2025 kicked off the week of April 14 with a burst of activity, as over 30 S&P 500 companies unveiled their financial results. Major banks and healthcare giants led the charge, delivering a mix of robust performances and cautious outlooks against a backdrop of economic …

The U.S. Dollar is facing mounting pressure as trade tensions and declining Treasury yields weigh heavily on its outlook, with the USD/JPY currency pair hovering cautiously around the 143 mark. During Wednesday’s North American trading session, the pair showed a slight upward bias but struggled to gain traction, reflecting broader …

The U.S. dollar faced renewed pressure on Wednesday, sliding to multi-month lows as persistent trade tensions and cautious remarks from the Federal Reserve chief in Chicago kept investors on edge. The dollar’s decline, mirrored by a drop in U.S. Treasury yields, set the tone for a volatile day in global …

U.S. stock markets took a sharp dive on Wednesday, rattled by cautious remarks from Federal Reserve Chair Jerome Powell, who emphasized the need for greater clarity before making any changes to the central bank’s monetary policy. Speaking at the Economic Club of Chicago, Powell signaled that the Federal Reserve would …