Daily Economic Reports

The final days of the year have descended upon global markets, ushering in a period of characteristically subdued activity. With major exchanges shuttered for several days during the holiday week, trading volumes have dwindled, and price movements have become muted. The US Dollar Index (DXY) has remained largely unchanged, hovering …

The year 2024 ended with a subdued note for US stocks, particularly the technology sector. This downturn, following the Federal Reserve’s indication of a slower pace of interest rate cuts, raises questions about the market’s resilience and the sustainability of its recent gains.While the S&P 500 enjoyed a remarkable 25% …

Boeing’s (NYSE:BA) stock fell over 4% in premarket trading on Monday following a tragic aviation accident involving a Boeing 737-800 in South Korea. The crash, which occurred at Muan International Airport, claimed the lives of 179 people and is being labeled as the deadliest air disaster in the country’s history. …

The US stock market experienced a decline in the holiday-shortened week, with the S&P 500 and Nasdaq Composite declining by 1.1% and 1.5% respectively largely due to the performance of the communication services and information technology sectors. However, US Treasury yields have continued to rise, surpassing the 4.6% mark, largely …

Cautiously Optimistic Outlook for 2025: Navigating Interest Rates and InflationThe US economy defied recession predictions in 2024, demonstrating robust growth, moderating inflation, and improved efficiency. While a “soft landing” remains the prevailing expectation, several key factors will shape the economic landscape in 2025.Evolving Role of the Federal ReserveThe Federal Reserve’s …

Turkey’s central bank recently made a significant policy shift, cutting its key interest rate by 2.5 percentage points to 47.5%. This marks the first rate cut in nearly two years, a move that has raised eyebrows among economists given the country’s ongoing struggle with high inflation. The bank’s decision was …

The US dollar extended its recent rally on Tuesday, buoyed by the Federal Reserve’s hawkish stance, even as holiday-thinned trading conditions kept market activity subdued. Key Highlights Dollar Index Near Two-Year High The Dollar Index, which measures the greenback against six major currencies, rose 0.1% to 107.905, staying near a …

Dollar Remains Resilient as Holiday Trading CommencesThe US Dollar Index (DXY) edged higher on Monday, extending its recent winning streak, as cautious trading characterized the start of the holiday-shortened week. Investor risk appetite appeared subdued, with market volumes contracting ahead of the Christmas holiday. Key economic data releases this week …

The oil market saw a major decline as a number of bearish factors combined to cause crude prices to drop precipitously. An impending supply glut and worries about a worldwide economic slowdown, especially in China, have clouded the outlook for the oil market. The tight market conditions earlier this year …

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial crime, is inadvertently reshaping the crypto landscape in the bloc. The forced delisting of Tether (USDT), the dominant stablecoin, from several EU exchanges is creating ripples, potentially dampening the region’s allure for crypto investors just …