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Daily Economic Reports

Dow Jones Hits Record High but Stumbles as Consumer Confidence Wanes

The Dow Jones Industrial Average soared to a fresh all-time high of 45,277 on Friday, breaking past 45,250 for the first time. However, the rally fizzled as weaker-than-expected consumer sentiment data and anticipation of a high-profile meeting between global leaders dampened investor enthusiasm by the close of the trading week. …

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European Stocks Near Five-Month High as Earnings Optimism Outweighs Inflation Concerns

Europe

European equities advanced on Friday, with the pan-European STOXX 600 climbing 0.2% by 07:17 GMT, buoyed by strength in miners and chemical stocks. The index is trading near its highest level in almost five months, supported by a largely upbeat corporate earnings season. Geopolitical Focus: U.S.-Russia TalksInvestors are also watching …

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Gold Edges Up in Asia Despite Weekly Losses Amid Fed Rate Speculation

Gold prices in Asian trade on Friday inched higher, though they were set for a weekly decline, as investors weighed reduced expectations for a significant Federal Reserve rate cut against geopolitical developments, including U.S.-Russia talks scheduled later in the day. Spot gold rose 0.3% to $3,344.88 an ounce, while December …

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Bitcoin Pulls Back from Record High as Hot U.S. PPI Data Tempers Fed Easing Bets

Bitcoin retreated on Friday, reversing from record highs above $124,000 as stronger-than-expected U.S. producer price data cooled expectations for aggressive Federal Reserve rate cuts next month. The world’s largest cryptocurrency fell 2.2% to $119,112.5 as of 02:04 ET (06:04 GMT), after touching an all-time high of $124,436.8 in the previous …

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Asian Markets Mixed as Japan GDP Surprises, Chinese Data Disappoints

Asian equity markets showed a mixed performance on Friday, with Japan’s stocks rallying on stronger-than-expected economic growth, while Hong Kong fell amid weak Chinese industrial and retail data. Trading volumes were thin in South Korea and India due to public holidays. Japan’s Economic Growth Supports NikkeiTokyo’s Nikkei 225 surged 1%, …

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Wall Street Stumbles as Hot PPI Data Reignites Inflation Fears

Wall Street experienced a muted close on Thursday, August 14, 2025, as stronger-than-expected Producer Price Index (PPI) data for July signaled persistent inflationary pressures, largely attributed to tariff pass-through effects. The major indices erased early gains and ended the day with modest declines or flat performance, halting a recent rally …

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Market Drivers: US Retail Sales and Consumer Sentiment Take Spotlight

The US Dollar (USD) gained momentum on Thursday, buoyed by stronger-than-anticipated US producer price data and a solid weekly labor market report. While trade tensions have eased slightly, investors remain cautious ahead of a high-profile US-Russia summit scheduled for Friday.Key Events to Watch on Friday, August 15The US Dollar Index …

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