Daily Economic Reports

The British pound edged lower on Tuesday as investors turned cautious ahead of parliamentary testimony from four Bank of England policymakers, with markets closely watching for clues on whether interest rates could be cut as early as March. Sterling traded at $1.3491 against the U.S. dollar at 11:36 GMT, down …

Bitcoin fell sharply on Tuesday, extending its recent downturn and wiping out roughly half of its value from the record highs seen in October, as uncertainty over U.S. tariff policy and broader risk-off sentiment weighed heavily on cryptocurrency markets. The world’s largest cryptocurrency dropped nearly 4% to $63,131.3 by 01:13 …

U.S. Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting at 12:01 a.m. EST (05:01 GMT) on Tuesday, more than three days after the U.S. Supreme Court ruled the measures illegal. In a notice sent to shipping companies …

Gold prices eased on Tuesday as investors locked in profits after the precious metal surged more than 2% in the previous session, while a firmer U.S. dollar added further pressure to prices. Spot gold slipped 1% to $5,179.77 per ounce by 07:35 GMT, snapping a four-session winning streak and retreating …

Wall Street Slides as Trump Tariff Uncertainty and AI Fears Jolt Markets; Gold and Volatility Surge U.S. stocks fell sharply on Monday as renewed uncertainty over President Donald Trump’s proposed tariffs and lingering concerns about artificial intelligence weighed heavily on investor sentiment, driving a flight to safe havens and a …

Global markets opened the week in a cautious mood as investors absorbed the fallout from a major legal setback to U.S. trade policy. The Supreme Court struck down key tariff measures, triggering sharp but short-lived volatility in currency markets. After an initial dip, the U.S. dollar regained its footing and …

Bitcoin is heading up +0.51% hovering around $65,000 after entering the new week on the defensive, earlier on the day, bitcoin was slipping as investors reassessed their tolerance for risk. The move was not driven by a single shock, but rather by a broader shift in global sentiment. Trade-related uncertainty, …

The energy market is catching its breath. Crude oil prices are no longer racing ahead, but they are not retreating either. After a strong recovery from earlier lows, the market has entered a calmer phase marked by hesitation and reassessment. Prices are holding near recent highs, suggesting that traders are …

A recent decision by the Supreme Court has disrupted a central pillar of the current U.S. trade strategy, invalidating a broad set of tariffs introduced earlier in the administration’s term. The ruling did not end the tariff push, but it did force a rapid rethink. Within days, officials began assembling …

A dramatic legal decision combined with a swift policy response has once again shaken the foundation of U.S. trade policy, raising questions about whether the era of broadly liberalized global trade has truly ended. The recent “tariff reset” has sent ripples through financial markets, creating uncertainty for businesses and investors …