Daily Economic Reports

Saudi Arabia is on track to sell a €1.5 billion ($1.58 billion) debut green euro bond after drawing in €7.25 billion of investors bids as it seeks to fund its ambitious economic-transformation plan.The pricing level for the seven-year green note has been tightened by 40 basis points compared to initial …

The U.S. dollar remained under pressure on Tuesday, hovering just above a two-month low, as declining U.S. Treasury yields and growing expectations of increased German fiscal spending bolstered the euro. Key Market Movements Euro (EUR/USD): Up 0.3% to $1.0497, supported by speculation that Germany may increase defense spending, leading to …

Oil Prices Rise on New Sanctions Against Iran and Iraq’s OPEC+ CommitmentOil prices saw an upward movement on Monday due to newly imposed U.S. sanctions on Iran and Iraq’s renewed commitment to the OPEC+ agreement. These factors have raised concerns about near-term supply tightness, helping the market recover from Friday’s …

Dollar Fights Back: Key Data, Fed Speeches on Tap This WeekThe US Dollar began the week on the defensive, hitting multi-week lows, but managed a rebound amidst a confluence of factors including tariff concerns, lower yields, and renewed worries about the US economy’s health. The US Dollar Index (DXY) fell …

The US Dollar (USD) has rebounded after an initial dip, stabilizing around 106.50 on the US Dollar Index (DXY), which measures the USD against six major currencies. Early losses, triggered by positive German election results for the Christian Democratic Union (CDU), quickly subsided as the outcome eased market anxieties about …

The Dow Jones Industrial Average (DJIA) rebounded on Monday, rising over 300 points from its low point, attempting to recover from last week’s losses triggered by disappointing consumer confidence data. While the market opened the week with a positive bias, gains were modest due to lingering concerns.Following concerning consumer sentiment …

The Pound Sterling (GBP) has advanced against other currencies as investors anticipate a more measured approach to monetary easing from the Bank of England (BoE). Strong UK retail sales, higher-than-expected January inflation (CPI) data, and robust wage growth in the three months to December have led traders to reduce their …

U.S. stock futures moved higher on Monday, signaling a modest rebound from last week’s losses. Investors are closely watching Nvidia’s (NASDAQ: NVDA) highly anticipated earnings report, scheduled for release after the market closes on Wednesday. Market Overview (as of 05:30 ET / 10:30 GMT): Dow futures rose 294 points (+0.7%) …

A complex interplay of economic data, geopolitical developments, and central bank pronouncements prevailed, resulting in shifts across various asset classes. From fluctuating Treasury yields and evolving sector leadership to the resurgence of European equities, the steady ascend of gold prices, and fresh sanctions impacting commodities, investors navigated a landscape rife …

Oil futures saw a decline following U.S. Secretary of State Marco Rubio’s comments on maintaining sanctions against Russia. His phone conversations with European leaders after meetings in Riyadh highlighted that no peace agreement would be forced on Ukraine and that sanctions on Russia wouldn’t be lifted soon. This has led …