Daily Economic Reports

Japanese stocks achieved the largest weekly gain in two months, thanks to hopes for more stimulus in the United States, although some investors doubt the prospects of reaching an agreement in this regard before the US presidential elections. The Nikkei index closed down 0.12% at 23,619.69 points today. For the …

Oil prices rose Thursday as workers in the oil sector evacuated platforms in the Gulf of Mexico in the United States before Hurricane Delta, but fears of fuel demand continued due to the dissipation of the prospects of a US stimulus agreement and after an increase in US crude stocks. …

The latest United States Federal Reserve’s Federal Open Market Committee (FOMC) meeting minutes showed on Wednesday that monetary policymakers are concerned about the absence of another stimulus package, with fears that this could downplay the economic recovery. However, recovery was seen moving faster than expected, according to the minutes of …

The President of the United States, Donald Trump, said on Tuesday that he has instructed the halt of stimulus talks between the Republicans and the Democrats until after the next elections, which take place on November 3. “I have instructed my representatives to stop negotiating until after the election when, …

The dollar index declined slightly on Monday, as it witnessed little change from Friday’s closing, as financial markets await news about the health of US President Donald Trump and the developments in talks regarding financial aid in Washington. On Friday, Trump announced that he had tested positive for COVID-19, prompting …

Oil prices continued to drop to more than 3% after President Trump said he and his wife had tested positive for Covid-19 besides existing concerns about demand. Brent crude fell after Trump’s headlines, down 1.47 cents, or 3.6%, to $ 39.4 a barrel, and US crude fell $ 1.40, or …

The dollar fell Thursday, October 1, to its lowest level in 9 days, as strong US data and hopes about a fiscal stimulus boosted investor confidence enough to take in more risky currencies. The Chinese yuan rose against the dollar and reached its highest level in a year and a …

Oil prices fell on Tuesday, September 29, erasing gains from the previous session, while chronic demand concerns due to the Corona pandemic outweighed hopes generated by a new US stimulus package that lawmakers find difficult to agree on. US West Texas Intermediate crude futures fell 34 cents, equivalent to 0.8%, …

Markets await the presidential debate in the United States between Trump and Biden, scheduled for Tuesday, September 29. The debate will occur on Tuesday night and Wednesday morning for European time, meaning we may not feel the market affected until later on Wednesday. FT’s polls indicate Biden is on track …

Britain’s public borrowing increased again in August, reaching a new record high, driven by massive spending to combat the Coronavirus pandemic, with the budget deficit since the start of the current tax year surpassing its full-year peak during the global financial crisis. The government has now borrowed 173.7 billion pounds …