Daily Economic Reports

Key Takeaways Gold edges down: Spot gold fell 0.2% to $4,536.09 per ounce, while gold futures dropped 0.5% to $4,536.01. “Final stages”: Trump said the U.S. is in the final stages of a potential draft peace agreement with Iran. Nasty warning remains: The president cautioned of “a little bit nasty” …

Key Takeaways Modest losses: The Stoxx 600 slipped 0.2%, Germany’s DAX fell 0.2%, the FTSE 100 dropped 0.4%, and France’s CAC 40 was mostly unchanged. Nvidia smashes records: April quarter sales spiked 85% year-on-year to $81.6 billion, while net income hit $58.3 billion — over three times higher than a …

Key Takeaways Iran reviewing U.S. position: The Foreign Ministry confirmed receipt of the latest “U.S. views” and said review is underway. Pakistan talks continue: Negotiations between Washington and Tehran through Pakistan are ongoing, per Iranian state media. Trump postponed strikes: The president delayed a planned military operation earlier this week, …

Key Takeaways Oil recovers: Brent crude rose 0.6% to $105.61 per barrel, while WTI gained 0.8% to $94.77 — rebounding from two days of losses. Trump’s mixed signals: The president said the U.S. is ready to strike Iran but is willing to wait “a few days.” Situation “on the borderline”: …

The Euro recovered against the US Dollar on Wednesday, with the EUR/USD pair rising around 0.2% after rebounding from its lowest level in six weeks. The move was largely driven by short-covering activity as the US Dollar surrendered earlier gains and turned lower during the session.The reversal in the Dollar …

The US Dollar weakened against major global currencies on Wednesday as improving sentiment surrounding US-Iran negotiations reduced demand for traditional safe-haven assets. The US Dollar Index drifted lower toward the 99.10 region, reflecting a broader shift toward risk appetite across currency markets despite the Federal Reserve maintaining a cautious and …

The global wave of artificial intelligence-driven layoffs is accelerating at a pace far beyond last year, signaling a major transformation in how companies operate, hire, and invest. By mid-May 2026, more than 113,000 workers had lost their jobs across 179 companies, with layoffs running roughly one-third higher than the same …

Federal Reserve Signals Growing Concern Over Persistent InflationFresh minutes from the latest Federal Reserve meeting reinforced the growing belief across financial markets that US interest rates may stay elevated for longer than investors had previously expected. The discussion revealed a noticeably hawkish tone among policymakers, with several officials expressing discomfort …

Global markets spent most of the session struggling under the pressure of rising bond yields and geopolitical uncertainty before sentiment suddenly reversed late in the day. Stock futures, which had been sliding alongside a heavy selloff in government bonds, bounced sharply after reports indicated that the United States is approaching …

Investors are closely awaiting the release of the latest Federal Reserve meeting minutes as markets search for clues about the future path of US interest rates amid rising inflation concerns and mounting economic uncertainty. The minutes from the Fed’s April policy meeting are expected to reveal how deeply divided policymakers …