Daily Economic Reports

In a surprising turn of events, private-sector hiring in the United States surged last month, with companies adding 155,000 jobs—well above the forecasted 120,000. This robust rebound from February’s weather-dampened figures has sparked optimism about the economy’s underlying strength, even amid lingering policy uncertainty and cautious consumer sentiment. The latest …

Oil prices held steady on Wednesday, as traders remained cautious ahead of U.S. President Donald Trump’s tariff announcement at 2000 GMT. Concerns over potential trade war escalation and slower global demand for crude kept markets in check. Brent crude futures fell $0.07 (-0.09%) to $74.42 per barrel by 08:58 GMT. …

The U.S. dollar edged up slightly on Wednesday, while other major currencies remained within tight ranges, as traders awaited details of President Donald Trump’s tariff plans. These measures, set to be unveiled in a White House Rose Garden announcement at 20:00 GMT, could disrupt global trade flows and heighten financial …

The US Dollar Index (DXY), which tracks the value of the US dollar against a basket of major currencies, hovered around the 104.20 mark on Tuesday, April 1, 2025, reflecting a lack of clear direction following a batch of underwhelming US economic data. Investors digested a weaker-than-anticipated ISM Manufacturing PMI, …

In a whirlwind of volatility, the stock market clawed its way into positive territory on Tuesday, riding the waves of anticipation surrounding an imminent tariff policy announcement from the White House. The broad market index edged up by a modest 0.3%, while its tech-heavy counterpart surged 0.7%. Meanwhile, the blue-chip …

Gold prices are down -0.52%, trading around $ 3,107 per ounce, at the time of writing. Earlier during the North American session, the precious metal was stealing the spotlight once again, with spot prices climbing above $3,130 per ounce in a remarkable rally. The surge came on the heels of …

Financial markets are buzzing with a renewed sense of optimism today, as positive risk sentiment holds strong through the trading session. The catalyst? Overnight remarks from none other than Trump himself, whose comments on tariffs have injected a dose of hope into an otherwise jittery market landscape. With risk assets …

The U.S. dollar remained stable on Tuesday as investors prepared for new reciprocal tariffs set to be announced by President Donald Trump on Wednesday. Market Focus on U.S. Economic Data Investors are closely watching the U.S. Job Openings and Labor Turnover Survey (JOLTS) and the ISM Manufacturing Index, both due …

Wall Street index futures traded in tight ranges on Tuesday, stabilizing after a turbulent first quarter, as investors assessed the potential impact of upcoming trade tariffs from U.S. President Donald Trump. Stock Futures Movement Dow Jones Futures fell 60 points (-0.1%). S&P 500 Futures traded flat. Nasdaq 100 Futures gained …

Gold prices shattered records on Friday, surging to an all-time high of $3,086 as investors flocked to the safe-haven metal amid escalating global trade uncertainty and shifting U.S. monetary policy expectations. The XAU/USD pair traded at $3,079, marking a robust 0.79% gain, fueled by a weakening U.S. dollar and sliding …