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Daily Economic Reports

Gold Prices Fall as U.S.-Japan Trade Deal and Tech Earnings Boost Risk Appetite

Gold prices dipped on Thursday, continuing a downward trend following recent highs, as a U.S.-Japan trade deal and strong earnings from tech companies boosted risk appetite, reducing demand for safe-haven assets like gold. Market Overview: Spot gold dropped 0.3% to $3,378.93 an ounce. Gold futures fell 0.4% to $3,384.60/oz. Despite …

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Oil Prices Edge Higher Amid U.S. Crude Stock Decline and Trade Deal Optimism

Oil prices inched higher during Asian trading on Thursday, with data showing a significant drop in U.S. crude stockpiles providing some support, although concerns over U.S. tariffs and trade negotiations ahead of President Donald Trump’s deadline kept investors cautious. Market Overview: Brent Oil Futures for September rose 0.3% to $68.69 …

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Cryptocurrency Market Update and Key Developments

The cryptocurrency market experienced varied performance on July 23, 2025, with most major assets recording declines. Below is a snapshot of the prices and their daily percentage changes:Bitcoin (BTC): $117,706.94, down 1.42%Ethereum (ETH): $3,551.29, down 4.13%Ripple (XRP): $3.1106, down 12.35%Tether (USDT): $1.0003, up 0.01%Binance Coin (BNB): $760.57, down 2.69%Solana (SOL): …

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Landmark US-Japan Trade Pact Ignites Market Surge

On July 23, 2025, the United States and Japan announced a historic trade agreement, reshaping their economic partnership and sparking global financial market optimism. This landmark deal, featuring a 15% tariff on Japanese imports and a $550 billion Japanese investment in US infrastructure, has driven the S&P 500 and Nasdaq …

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Dow Jones Rallies as Trade Deal Progress Emerges

The Dow Jones Industrial Average saw a significant surge on Wednesday, reaching its highest point in five months and approaching new all-time highs. This upswing was fueled by signals from the Trump administration indicating progress on trade agreements, which suggests a potential reduction in tariffs.EU Trade Deal Advances, Counter-Tariff Readiness …

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Bitcoin Edges Higher Amid U.S.-Japan Trade Deal, But Consolidation Persists

Bitcoin traded slightly higher on Wednesday, continuing its recent consolidation phase after surging to record highs earlier this month. The world’s largest cryptocurrency rose by 0.5%, reaching $118,582.7 as of 02:10 ET (06:10 GMT). Bitcoin’s Rangebound Trading Amid Broader Market Sentiment Bitcoin has been trading within a narrow range since …

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