Daily Economic Reports

The British pound extended its losses on Tuesday, falling to its weakest level since April as a stronger US dollar and deepening concerns over the UK’s fiscal outlook rattled investors ahead of a key Bank of England (BoE) decision. With the currency slipping nearly 0.7% in a single day, markets …

Gold prices slipped below the psychologically significant $4,000 threshold on Tuesday, sliding toward $3,950 per ounce amid renewed pressure from a strengthening U.S. dollar and cautious signals from the Federal Reserve. The retreat followed a brief attempt to reclaim higher ground earlier in the day, underscoring a period of consolidation …

Gold edged lower in Asian trading on Tuesday, weighed by a stronger U.S. dollar and lingering uncertainty over the Federal Reserve’s near-term policy path after Chair Jerome Powell’s hawkish remarks last week. Spot prices fell 0.4% to $3,986.10/oz by 01:58 ET (06:58 GMT), while U.S. gold futures declined 0.5% to …

Crude oil prices remained largely stable on Monday as markets digested the latest moves by OPEC+ and weighed concerns over global supply and weak manufacturing data in Asia. Brent crude edged up 12 cents to $64.89 a barrel, while U.S. West Texas Intermediate (WTI) rose 7 cents to $61.05.The OPEC+ …

U.S. stock markets posted solid gains as a new trading week began, lifted by dovish remarks from the Federal Reserve, a surge in major merger and acquisition deals, and growing optimism surrounding artificial intelligence — a sector that continues to drive global market momentum.The S&P 500 recorded a modest increase, …

The U.S. dollar extended its rally, reaching fresh three-month highs as global investors assessed the Federal Reserve’s next steps and remained wary of the ongoing U.S. budget standoff. The dollar’s strength reflected a broader mood of caution, with markets bracing for a series of central bank decisions and critical economic …

The U.S. Supreme Court is preparing to decide one of the most pivotal trade cases in decades — a ruling that could redefine the limits of presidential authority over tariffs and reshape America’s role in global commerce. At stake is whether the president can rely on emergency powers, originally designed …

As President Donald Trump narrows his shortlist for the next Federal Reserve chair, the implications stretch far beyond interest rates—they could redefine the trajectory of the U.S. dollar, Treasury yields, and equity markets. With Jerome Powell’s term ending in May 2026, five contenders are in the running, each carrying a …

European equities started the week on a cautious note Monday as investors looked to a fresh round of manufacturing PMIs for a read on the bloc’s industrial pulse. By 03:02 ET (08:02 GMT), Germany’s DAX edged up 0.1%, the U.K.’s FTSE 100 rose 0.2%, while France’s CAC 40 dipped 0.1%. …

The U.S. dollar posted weekly gains, supported by hawkish Federal Reserve commentary and improving trade relations between Washington and Beijing. The dollar index, which measures the greenback against a basket of major currencies, rose 0.4% to a three-week high at the start of last week and ended the week up …