Daily Economic Reports

The US administration is moving closer to announcing a new chair for the Federal Reserve, signaling a potentially significant shift in monetary policy at a sensitive moment for the American economy. President Donald Trump said he plans to unveil his choice to replace current Fed Chair Jerome Powell, a decision …

Shares of Microsoft tumbled dramatically after the company revealed a surge in spending on data centers and AI infrastructure. The stock fell more than 12% intraday and closed nearly 10% lower, erasing roughly $430 billion in market value. This marks the second-largest single-day market capitalization loss ever for a U.S. …

On January 29, 2026, the precious metals market delivered one of its most extreme days in recent memory. Gold surged toward an astonishing new peak near $5,600 per ounce in early trading, while silver blasted past $120 for the first time ever. Yet, within hours, both metals staged a sharp …

The Federal Reserve’s latest policy statement and remarks from Chair Jerome Powell reflected a phase of deliberate caution, as the central bank opted to keep interest rates unchanged, signaling that monetary policy is likely to remain stable in the near term.This approach underscores the Fed’s preference to closely monitor economic …

U.S. stock futures inched higher on Thursday as investors weighed a mixed round of mega-cap technology earnings alongside the Federal Reserve’s decision to keep interest rates unchanged. By 05:25 ET, Dow Jones futures were up 60 points, S&P 500 futures gained 16 points, and Nasdaq 100 futures rose 85 points. …

Bitcoin slipped back toward the $88,000 level on Thursday, remaining under pressure despite a softer U.S. dollar and a historic surge in gold, as investors absorbed the Federal Reserve’s decision to keep interest rates unchanged. The world’s largest cryptocurrency traded 1% lower at $88,201.6 by 01:56 ET (06:56 GMT). Bitcoin …

The U.S. dollar remained under pressure on Thursday, hovering near a four-year low as economic and political uncertainty continued to weigh on sentiment following the Federal Reserve’s decision to keep interest rates unchanged. By early European trade, the Dollar Index slipped 0.2% to 96.080, remaining close to levels last seen …

European stocks traded in mixed fashion on Thursday, as investors digested a wave of corporate earnings following the U.S. Federal Reserve’s decision to keep interest rates unchanged. By mid-morning, Germany’s DAX slipped 0.7%, while France’s CAC 40 gained 0.9% and the U.K.’s FTSE 100 rose 0.6%. The Federal Reserve held …

Gold prices surged to fresh record highs on Thursday, climbing close to the $5,600-an-ounce mark as investors rushed into safe-haven assets following reports that U.S. President Donald Trump is considering a new military strike on Iran. Spot gold jumped more than 2% to a record $5,595.41 an ounce, while April …

As of January 29, 2026, the Magnificent Seven’s earnings season is exploding, with hyperscalers dumping billions into AI infrastructure amid scrutiny over returns. Combined 2026 CapEx for Microsoft, Meta, Alphabet, and Amazon could top $470-500B, up from $350B in 2025. Meta crushes estimates, Tesla beats despite declines, Microsoft stumbles on …