Daily Economic Reports

Oil prices saw a slight decline on Tuesday as growing concerns over the escalating trade war between the U.S. and the European Union weighed on market sentiment, potentially curbing future fuel demand growth and affecting global economic activity. As of 0658 GMT, Brent crude futures fell by 28 cents, or …

Gold prices fell slightly in Asian trading on Tuesday, retreating from the one-month high seen in the previous session. The pullback came amid ongoing uncertainty surrounding U.S. trade tariffs and interest rates, which continue to bolster haven demand for gold and other precious metals. Spot gold dropped 0.2% to $3,389.39 …

Interviewed by CNBC, Mohammed Hashad, Head of Research and Development at Noor Capital, commented on and analyzed market movements and the performance of key assets across financial markets.Dow Jones IndexHashad explained that the Dow Jones Industrial Average maintained positive momentum, supported by its stability above the 50-day Simple Moving Average …

Fitch Ratings downgraded 25% of U.S. industry sectors to “deteriorating,” citing unclear trade and tariff policies under the Trump administration. The U.S. Dollar Index (DXY) at 97.806, down 0.67%, reflects market caution, with EUR/USD at 1.1700 (+0.4%) and GBP/USD at 1.3600 (+0.3%). Copper futures, up 0.65% to $5.6410 per pound, …

On Monday, Ethereum traded at $3,734.50, down 0.64% (-$24.00), consolidating within an ascending triangle after a 25.54% weekly gain. Bitcoin (BTC-USD) stood at $116,941, down 0.39%, ranging between $116,000 and $120,000. Corporate adoption of Ethereum, fueled by its decentralized finance (DeFi) infrastructure, influences the U.S. Dollar Index (DXY) at 97.878, …

Crude oil prices faced downward pressure, with August WTI crude oil (CLQ25) declining 0.29% to $65.85 per barrel and Brent crude (UKOIL) dropping 0.29% to $68.97 per barrel. Concerns over a global oil supply glut, driven by potential increases in Iraqi and Saudi exports, outweighed support from EU sanctions on …

On Monday, July 21, 2025, global markets reeled as President Donald Trump, labeling Federal Reserve Chair Jerome Powell “a failure,” fueled a criminal referral by Congresswoman Anna Paulina Luna, accusing Powell of perjury over a $2.5 billion Fed renovation. The U.S. Dollar Index (DXY) fell 0.67% to 97.806 from 98.462, …

U.S. stock indices advanced, with the S&P 500 up 0.56% to 6,331.81, the Nasdaq Composite gaining 0.62% to 20,885.65, and the Dow Jones Industrial Average rising 0.53% to 44,484.49, driven by optimism in Big Tech and easing tariff concerns. Alphabet jumped 2.21% to $190.04, while Tesla dipped 0.16% to $329.11 …

Gold climbed to $3,397.10, up 1.40% from $3,350.10, and silver (XAG/USD) rose 2.02% to $38.94, driven by a declining U.S. Dollar Index (DXY) and falling US Treasury yields. The DXY, at 97.806, fell 0.67% from 98.462, reflecting trade uncertainties, while 10-year Treasury yields dropped to 4.65%, boosting the appeal of …

The Euro weakened against the Japanese Yen, with the EUR/JPY pair trading just above 172.00, down from its multi-year high of 173.25. Escalating EU-U.S. trade tensions, led by U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, alongside Japan’s post-election stability under Prime Minister Shigeru Ishiba, are driving market …