Daily Economic Reports

A Global Search for Safety: A quiet but powerful shift is unfolding across global financial markets. Rather than aggressively chasing returns, investors are increasingly prioritizing flexibility, protection, and liquidity. The latest capital flows reveal a market environment defined not by panic, but by caution.From cash funds and government-backed assets to …

For years, higher interest rates have been viewed as one of the strongest pillars supporting a currency. The logic is simple: higher rates attract capital, boost demand for the currency, and help strengthen its value.Yet the British pound is now challenging that assumption.Despite offering the highest policy rate among G7 …

Apple has unveiled a major upgrade to its voice assistant Siri during its annual global developer conference held in California on Monday, marking a new step in the company’s push to strengthen its position in the artificial intelligence race.The upgraded version, presented as part of Apple’s broader AI strategy, is …

Gold prices started the new week with a small decline, slipping slightly after recently trading at high levels. The metal briefly moved lower in early trading before stabilizing around the mid-$4,300 range per ounce. Even with this short-term weakness, gold remains significantly higher compared to last year, with gains of …

Bitcoin is once again fighting to hold its ground above the critical $60,000 threshold after one of its worst monthly performances in years. The cryptocurrency was trading around $63,600 at the start of the week, recovering slightly from recent lows but still carrying the scars of a brutal sell-off. Bitcoin …

Key Takeaways Dollar at 2-month peak: The DXY edged up 0.1% to 100.17 — its highest since April 6 — after Friday’s 0.7% surge. Jobs data the catalyst: The U.S. added 172,000 jobs in May — well above forecasts — reinforcing bets the Fed could tighten further. December hike now …

Key Takeaways Trump’s urgent plea: The president posted on social media: “Israel and Iran must immediately stop ‘shooting.'” First Iran-Israel exchange since April: The attacks marked the most serious breach of the U.S.-brokered ceasefire. How it started: An Israeli strike on Beirut triggered Iranian retaliation; Israel then hit targets in …

Key Takeaways Broad-based decline: The Stoxx 600 fell 0.9%, Germany’s DAX dropped 1.3%, France’s CAC 40 slid 0.9%, and the U.K.’s FTSE 100 was down 0.4%. Ceasefire collapses: Iran and Israel attacked each other for the first time since the April truce — the most serious breach yet. How it …

Key Takeaways Gold at 11-week low: Spot gold fell 0.8% to $4,296.08 per ounce — its weakest level since March 23; gold futures dropped 1% to $4,322.60. Friday’s 3% slump extended: The yellow metal suffered its worst single-day decline in months on Friday’s payrolls shock. Jobs data crushes rate cut …

Key Takeaways Modest bounce: Bitcoin rose 1.5% to $63,053.7 after shedding nearly 18% last week — its worst weekly performance of 2026. Record ETF outflow: U.S. spot Bitcoin ETFs saw $1.72 billion in outflows last week — the biggest weekly exodus since April 2025. Four-week outflow streak: Combined outflows over …