Daily Economic Reports

The looming U.S. Non-Farm Payrolls (NFP) report on Friday has garnered a significant amount of attention, yet many analysts believe Federal Reserve Chair Jerome Powell’s subsequent speech will hold far greater sway over market sentiment.In a climate fraught with trade tensions and evolving economic forecasts, investors are keenly focused on …

On April 3, 2025, prominent Fitch ratings agency issued a stark warning about the U.S. economy, slashing its 2025 GDP growth forecast and pointing the finger at a bold new tariff policy dubbed “Liberation Day.” Announced just a day earlier, these tariffs impose a minimum 10% rate on all U.S. …

From early 2025 to April 3, the U.S. stock market has navigated a turbulent phase marked by sharp volatility and liquidity declines, driven by factors like inflation, trade wars, and quantitative tightening, with examples like Gensol Engineering underscoring pressures on individual firms. For investors, this period demands flexible strategies to …

The Pound Sterling (GBP) surged to a near six-month high against the US Dollar (USD) on Thursday, breaching the 1.3200 mark, as President Donald Trump’s unexpectedly aggressive tariffs sent shockwaves through the global markets, igniting fears of a looming US recession. The dramatic rise in the GBP/USD pair was fueled …

Oil prices dropped sharply on Thursday, extending steep declines as the OPEC+ alliance decided to accelerate the reversal of previous production cuts in May. This announcement amplified losses already triggered by sweeping new tariffs announced by U.S. President Donald Trump on Wednesday. By 1305 GMT, Brent crude futures had slumped …

Germany and France are advocating for a robust European Union response following U.S. President Donald Trump’s latest tariff measures, pushing the bloc to adopt a more assertive stance in countering Washington’s escalating trade actions, according to a Bloomberg report published Thursday. A day after President Trump unveiled his controversial “Liberation …

Bitcoin prices retreated on Thursday, as heightened global trade tensions stemming from newly announced U.S. tariffs dampened investor appetite for riskier assets, including cryptocurrencies. The leading cryptocurrency declined 0.8%, trading near $83,421.50 early Thursday, as markets digested the implications of significant tariff escalations initiated by the U.S. administration. The introduction …

European equities tumbled sharply on Thursday, as investors grappled with mounting fears over escalating global trade tensions following new U.S. tariff measures on imports, deepening anxieties about worldwide economic stability. Early trading saw steep declines across Europe’s key indices: Germany’s leading index sank by 2.3%, France’s benchmark lost 2.2%, and …

The US stock market found bullish momentum on “Tariff Day,” as investors assessed the impact of the Trump administration’s much-anticipated announcement of “reciprocal” tariffs. The market rally, despite concerns over potential disruptions, showcased the resilience of equity indices and investor confidence in economic fundamentals.A Milestone in Trade PolicyTuesday saw the …

In a fiery address from the White House Rose Garden on Wednesday, April 2, 2025, President Donald Trump unveiled what he called “Liberation Day” for American industry—a sweeping plan to impose a 10% baseline tariff on all U.S. trading partners, coupled with steeper duties targeting dozens of countries he accused …