Daily Economic Reports

Gold prices declined in Asian trading on Friday, pressured by a stronger U.S. dollar and profit-taking, as traders braced for fresh inflation data that could shape the Federal Reserve’s interest rate outlook. Spot gold fell 0.7% to $3,293.44 an ounce, while gold futures for August delivery slipped 0.8% to $3,316.67/oz …

The global economic stage is buzzing with tension, and three key figures—Chinese President Xi Jinping, U.S. President Donald Trump, and Federal Reserve Chair Jerome Powell—are at the heart of the action. Recent developments in U.S.-China trade negotiations and U.S. monetary policy have thrust these leaders into the spotlight, as their …

Japan’s government bond (JGB) market is facing significant turbulence as yields on super-long bonds (20-, 30-, and 40-year maturities) have surged to historic peaks in May 2025, raising concerns about the nation’s fiscal sustainability and its potential to unsettle global financial markets. On Thursday, the 10-year JGB yield stabilized at …

Gold prices soared past the $3,300 mark on Thursday, buoyed by a confluence of factors including disappointing US jobs data and a significant court ruling against previously imposed Trump-era tariffs. The precious metal, often sought as a safe haven, saw its value jump by 0.94%, with XAU/USD trading at $3,318 …

Federal Reserve Chair Jerome Powell recently raised concerns about the potential for more frequent and persistent supply chain shocks, which could complicate the central bank’s efforts to balance inflation control with employment stability. Speaking at a recent conference, Powell noted that these disruptions could fuel inflationary pressures and challenge the …

Nvidia stock surges, reclaiming the title of the world’s most valuable company. Market cap surpasses Microsoft, reaching approximately $3.44 trillion.Nvidia’s stock skyrocketed on Thursday, propelling the AI chip leader back to the top spot among the world’s most valuable companies.Nvidia (NVDA) shares climbed 4% during Thursday’s trading session, boosting the …

Bitcoin extended its decline on Thursday, pressured by sustained profit-taking after notching record highs earlier this week, while a favorable U.S. court ruling on trade tariffs failed to lift sentiment across the cryptocurrency space. The world’s largest digital asset fell 1.2% to $107,721.6 by 01:43 ET (05:43 GMT), marking a …

European equities advanced on Thursday, buoyed by a U.S. trade court’s ruling to block President Donald Trump’s sweeping tariff proposals, which lifted market sentiment and eased investor concerns over an escalating trade conflict. The pan-European STOXX 600 index edged 0.2% higher as of 08:43 GMT, while Germany’s DAX 40 gained …

Gold prices extended their recent decline in Asian trading on Thursday, as a U.S. federal court ruling against President Donald Trump’s proposed trade tariffs bolstered risk sentiment across markets. The ruling also fueled a stronger U.S. dollar, further weighing on gold and broader metal prices. Spot gold fell 0.5% to …

The British Pound (GBP) has enjoyed a robust rally in recent weeks, with its strength evident in the EUR/GBP exchange rate’s notable descent. After touching a year-high near 0.8738 on April 11, the pair has since dropped below 0.84, currently finding significant support around its 200-day simple moving average (SMA) …