Daily Economic Reports

European Markets Hold Steady as Investors Await U.S.-EU Trade Deal Clarity European stock markets were largely flat on Monday as investors digested a mix of corporate earnings while awaiting further clarity on the ongoing trade negotiations between the United States and the European Union. The STOXX 600, a broad measure …

Bitcoin Edges Higher, Cautious Sentiment Prevails Bitcoin saw a modest rise on Monday, trading at $119,001.6, up by 0.6%, as the cryptocurrency market continued to consolidate near the $120,000 mark after last week’s surge to record highs above $123,000. Despite the recent upward movement, investor sentiment remained cautious due to …

The U.S. dollar posted weekly gains after prevailing over a range of competing market forces throughout the past week. President Donald Trump last week threatened to impose a 30% tariff on the European Union and Mexico, effective August 1st. Market turbulence—sparked by President Trump’s remarks and trade policy actions—persisted throughout …

American Express unveiled a standout second-quarter performance for 2025 on Friday, July 18, 2025, exceeding analyst predictions with an earnings per share (EPS) of $4.08, surpassing the anticipated $3.87, a 5.43% beat. Revenue hit $17.86 billion, topping the $17.7 billion forecast by a slim 0.9%. Despite these gains, shares slid …

Oil prices softened this week, with West Texas Intermediate (WTI) settling at $67.34 per barrel as of 11:58 PM EEST on Friday, July 18, 2025, amid supply disruptions in Iraq and the gradual unwinding of OPEC+ production cuts during peak US summer demand. This volatile mix, unfolding against a backdrop …

U.S. consumer sentiment hit its highest point in five months in July, rising to 61.8, up from 60.7 in May. However, the reading remains well below its historical average, reflecting ongoing concerns surrounding the impact of U.S. tariffs. Consumer Sentiment Index and Inflation Expectations The University of Michigan’s consumer sentiment …

U.S. stocks saw a slight rise on Friday as investors digested positive second-quarter earnings reports and signs of a resilient economy, despite lingering tariff uncertainties. By 09:32 ET (13:32 GMT), the Dow Jones Industrial Average gained 85 points or 0.2%, the S&P 500 index rose 12 points or 0.2%, and …

Bitcoin surged above $120,000 in Asian trade on Friday, continuing its impressive rally and heading for its fourth consecutive weekly gain. The latest push was driven by optimism surrounding U.S. cryptocurrency legislation, with the U.S. House of Representatives clearing three bills aimed at establishing a clearer regulatory framework for digital …

European stocks rose on Friday, buoyed by a positive overnight performance on Wall Street, as investors digested a wave of favorable quarterly earnings reports. The DAX index in Germany climbed 0.5%, the CAC 40 in France gained 0.6%, and the FTSE 100 in the UK rose 0.2% at 03:05 ET …

The close of trading on Thursday, July 17, 2025, brought a flurry of significant earnings reports, setting the stage for another pivotal day as key financial and industrial players prepare to release their results on Friday, July 18, 2025. This recap sheds light on the performances that shaped yesterday’s market …