Daily Economic Reports

The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as Trump’s tariffs—145% on Chinese imports and levies on Canada and Mexico—threaten economic stability. Despite rising jobless claims, the jobs picture may hold steady, boosting the dollar. This article unpacks NFP expectations, grounds the …

The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk sentiment and divergent monetary policies weigh on the pound. With UK manufacturing faltering and U.S. tariff policies stoking inflationary fears, the dollar is gaining traction. This article dissects the fundamental drivers behind the pair’s decline, …

Amazon’s first-quarter earnings for 2025, released on May 1, delivered a robust performance, driven by its cloud and advertising units, despite looming tariff threats from President Donald Trump. The company’s ability to exceed expectations underscores its resilience, but cautious guidance signals challenges ahead. Strategic investments in AI and infrastructure are …

The EUR/USD pair is consolidating around 1.1300 as of May 1, 2025, reflecting a pause in its recent ascent. Despite short-term technical hesitation, the euro’s bullish trend remains robust, driven by diverging economic and policy developments in the Eurozone and the United States. This article analyzes the fundamental factors shaping …

The Trump administration’s sweeping tariffs have cast a shadow over global markets, yet Meta and Microsoft are proving resilient, delivering stellar earnings that signal robust demand for AI-driven growth. As economic uncertainty looms, these tech giants are navigating challenges with agility, leveraging innovation to outpace tariff-related headwinds. This article unpacks …

The Bank of Japan (BOJ) left interest rates unchanged on Thursday, as expected, but issued a notably more cautious economic outlook for 2025 due to growing global trade risks, particularly from U.S. tariff policies. At the conclusion of its two-day policy meeting, the BOJ maintained its short-term benchmark interest rate …

Oil prices held steady on Thursday following a steep decline, as investors weighed Saudi Arabia’s willingness to tolerate lower prices, a potential increase in OPEC+ production, and weak U.S. economic data pointing to recession risks. Brent crude futures slipped 6 cents, or 0.1%, to $61.00 a barrel by 07:30 GMT. …

Gold prices slumped further in Asian trading on Thursday, falling for a third consecutive session, as renewed optimism around potential U.S. trade deals sapped safe-haven demand for the precious metal. Spot gold fell 1.5% to $3,240.30/oz, while June futures lost 2.1% to $3,248.64/oz—marking their lowest levels since mid-April. 🔍 Key …

Bitcoin held steady on Thursday, continuing its sideways movement after a robust April rally lost steam. The world’s largest cryptocurrency traded at $94,943.4 by 05:09 GMT, maintaining recent gains but showing signs of fatigue as ETF inflows cooled and concerns around U.S. economic growth resurfaced. 🔍 Key Takeaways Bitcoin up …

The US Dollar Index (DXY) surged to two-day highs near 99.70, driven by fading US-China trade tensions and lackluster US economic data. With markets largely shuttered for the May 1, 2025, Labour Day holiday, the dollar’s rally underscores shifting investor priorities. The Federal Reserve faces a critical juncture, needing to …