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Daily Economic Reports

PCE Inflation Stays Hot: Markets Tumble as Rate Cut Hopes Fade

A wave of market unease swept through Wall Street Friday, triggered by persistent inflationary pressures and the looming shadow of potential trade tariffs. Stocks experienced a sharp decline, with major indices registering significant losses, as investors grappled with the reality of a potentially prolonged period of higher interest rates.The catalyst …

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Trump’s Tariff Tango: A New Tune with Canada’s PM Amid Global Trade Tensions

In a surprising twist to the escalating tariff drama, U.S. President Donald Trump struck an optimistic chord on March 28, 2025, after what he called an “extremely productive” first phone call with Canada’s newly minted Prime Minister, Mark Carney. The conversation, detailed in a glowing post on Trump’s Truth Social …

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U.S. Stock Futures Edge Lower as Markets Brace for Inflation Data

U.S. stock futures dipped slightly on Friday, with investors remaining cautious amid Trump’s aggressive trade tariffs and upcoming inflation data. Stock Index Futures Performance Dow Jones Futures: ↓ 25 points (-0.1%) S&P 500 Futures: ↓ 8 points (-0.1%) Nasdaq 100 Futures: ↓ 48 points (-0.2%) Trade Tensions Weigh on Markets …

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Canada Signals Robust Retaliation as US Tariffs Loom Large

Canadian Prime Minister Mark Carney issued a stern warning to markets this week, underscoring the government’s readiness to launch retaliatory trade measures in response to escalating tariff threats from US President Donald Trump. With the White House poised to implement a sweeping array of tariffs, the economic fallout is expected …

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Market Drivers – US Session: Currency Markets React to Mixed Signals as US PCE Data Looms

The US dollar, often referred to as the Greenback, experienced renewed selling pressure this week, pulling back from its three-week highs. This retreat was driven by a combination of fluctuating US yields, persistent tariff concerns, and growing anticipation for the release of the US Personal Consumption Expenditures (PCE) Price Index …

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US Dollar Awaits Direction as Market Digests Tariff News, Eyes PCE Data

The US Dollar Index (DXY) is currently experiencing a period of consolidation, trading around 104.35, as the initial shock from President Donald Trump’s proposed auto tariffs begins to subside. While the overnight announcement of a potential 25% levy on auto imports, effective April 3rd, and threats of further tariffs against …

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Why Is the Crypto Market Crashing? Unpacking the Forces Behind the Downturn

The cryptocurrency market has been on a wild ride recently, with prices of major digital assets taking a steep dive. This rollercoaster has left many investors—especially newcomers—scratching their heads and asking one pressing question: Why is crypto down? From emotional rollercoasters to macroeconomic pressures, the reasons behind these declines are …

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Market Drivers – US Session: U.S. Data and European Insights Set to Captivate Investors

The U.S. dollar kicked off Wednesday with a renewed upward climb, shrugging off lingering worries about tariffs and easing geopolitical jitters. Investors, however, remain laser-focused on the pulse of the American economy, eagerly awaiting fresh inflation figures that could sway markets further. As Thursday, March 27 rolls in, a packed …

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