Daily Economic Reports

Gold falls on Friday as Donald Trump’s re-election continues to impact the precious metal. This reverses a short-term bounce following the Federal Reserve’s decision to cut interest rates by 0.25%. Technically, XAU/USD corrects back within a short-term downtrend. Gold (XAU/USD) edges down to trade around the $2,690 mark on Friday, …

According to a senior adviser to Trump who asked to remain anonymous in order to discuss private discussions, President-elect Donald Trump is expected to let Federal Reserve Chair Jerome Powell complete the remaining portion of his term, which ends in May 2026. Jerome Powell, the current chair of the Federal …

The American central bank is expected to maintain its monetary easing cycle. The Federal Reserve is expected to cut its benchmark policy rate by 25 basis points (bps) at the end of its policy meeting on Thursday, a decision that may seem a footnote given the uncertain economic terrain the …

In addition to raising concerns about how much pressure might be put on the Federal Reserve during his second term in office, some economists and experts say Donald Trump’s victory in Tuesday’s presidential contest could potentially upend the US economy and change the Fed’s policy calculus in the coming months.During …

Crude oil stoops and bounces back following a 3% decline earlier due to Trump’s victory in the US presidential election. As Trump is declared winner and gets an inconsecutive second term as US president, the effects of Tropical Storm Rafael on the Gulf become less significant. On Wednesday, the US …

As voters prepare to choose the next president, the U.S. economy is, by most measures, stronger than it has been in recent election cycles, though some exceptions help explain voter discontent.The Bigger Picture Politics and voting behavior are more complex than any data series from a government website, and the …

As Americans prepare to cast their ballots on Tuesday, the price action of the US dollar is slowing down. In the event of a very close outcome, traders prepare for volatility because it may take days or weeks to choose the next US president. The US dollar index is holding …

As the US prepares to elect a new president, analysts have outlined what a Trump victory could mean for the global economy. However, Europe could expect from Democratic candidate Kamala Harris, who has stated that her presidency would not be a continuation of Joe Biden’s presidency. In terms of domestic …

U.S. stock index futures gained slightly early Tuesday as markets steadied after recent losses. Investors prepared for a tight presidential election and a significant Federal Reserve meeting later in the week. Market Movements At 05:00 ET (10:00 GMT): Dow Jones Futures rose 55 points (+0.1%). S&P 500 Futures gained 12 …

The U.S. dollar edged lower on Tuesday, reflecting cautious sentiment as the country heads into a closely contested presidential election that could trigger significant foreign exchange volatility. The Dollar Index, which measures the greenback against a basket of six major currencies, fell by 0.1% to 103.655 at 04:10 ET (09:10 …