Daily Economic Reports

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) …

U.S. stock index futures hovered near flat in early Wednesday trading, as investors caught their breath following a robust rally sparked by easing tariff tensions. Market focus has now shifted to the upcoming earnings release from chipmaker Nvidia (NASDAQ:NVDA) and fresh updates on global trade policy. At 06:42 a.m. ET, …

Gold prices edged lower in Asian trading on Wednesday, weighed down by a revival in risk appetite after U.S. President Donald Trump delayed plans to impose steep tariffs on the European Union. The move, which helped lift equity markets and investor sentiment, reduced demand for safe-haven assets like gold. Spot …

Soaring Debt Levels Threaten Fiscal StabilityIn May 2025, government bonds in the US and Europe are under intense pressure from unprecedented debt burdens and concerns over fiscal sustainability. As of March 2025, US national debt stands at $36.56 trillion, or roughly 126% of GDP, with projections suggesting it could exceed …

U.S.-European Talks Boost MarketsMohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on the performance of global markets amid recent developments. He discussed U.S. President Donald Trump’s decision to extend the deadline for imposing 50% tariffs on European …

Wall Street Rebounds on Trade OptimismGlobal stock markets, led by U.S. equities, surged on Tuesday, May 27, 2025, fueled by optimism surrounding eased U.S.-EU trade tensions. U.S. President Donald Trump’s decision to extend a 50% tariff reduction on European goods until July 9, 2025, from the prior June 1 deadline, …

U.S. stock index futures surged on Tuesday, rebounding from last week’s losses, after President Donald Trump announced a delay in imposing steep trade tariffs on the European Union. The move alleviated immediate fears of a transatlantic trade war and bolstered risk appetite across markets. At 06:20 ET (10:20 GMT), Dow …

Bitcoin edged lower on Tuesday, holding near record highs as traders shifted their focus to the upcoming Bitcoin 2025 Conference in Las Vegas. The world’s largest cryptocurrency slipped 0.6% to $108,962.20 as of 01:58 ET (05:58 GMT), consolidating after last week’s all-time peak near $112,000. Profit-taking and whale-driven sell-offs contributed …

European stock markets opened mixed on Tuesday, with defence stocks providing some support after U.S. President Donald Trump threatened new sanctions on Russia, while overall gains were capped by persistent caution over U.S. trade policy shifts. The STOXX 600 index held steady at 551.53 points as of 07:11 GMT, after …