On Thursday, July 24, 2025, the US Dollar found its footing after a turbulent midweek drop, bolstered by renewed optimism in global trade and heightened anticipation surrounding US President Donald Trump’s visit to the Federal Reserve. The US Dollar Index (DXY), which measures the Greenback against a basket of six …
Read More »ECB Rate Decision Bolsters Euro Amid Trade Optimism
The European Central Bank (ECB) has solidified expectations of a pause in interest rate cuts until at least year-end, boosting the euro and bond yields on Thursday, July 24, 2025. After maintaining rates at 2% following eight reductions over the past year, ECB President Christine Lagarde delivered an optimistic economic …
Read More »ECB Holds Rates Steady While Awaiting Clarity on U.S. Tariffs
The European Central Bank (ECB) decided to keep interest rates on hold on Thursday, pausing after seven consecutive cuts. Policymakers are taking a cautious stance as they await more clarity on the ongoing trade negotiations between the European Union (EU) and the United States, especially as the August 1 tariff …
Read More »Oil Prices Rise Amid Trade Optimism and U.S. Crude Inventory Drawdown
Oil prices rose more than 1% on Thursday, buoyed by optimism surrounding U.S. trade negotiations and a larger-than-expected decline in U.S. crude inventories. As of 0934 GMT, Brent crude futures gained 79 cents, or 1.15%, reaching $69.30 per barrel, while U.S. West Texas Intermediate (WTI) crude futures climbed 83 cents, …
Read More »UK Economy Shows Early Signs of Stagnation in Q3 2025: PMI Data Signals Challenges Ahead
Composite PMI Falls Below Expectations Amid Trade, Tax, and Wage Pressures The UK economy is facing early signs of stagnation as July’s flash Purchasing Managers’ Index (PMI) data revealed a decline in business activity at the start of the third quarter of 2025. The composite PMI dropped to 51.0 in …
Read More »Gold Prices Fall as U.S.-Japan Trade Deal and Tech Earnings Boost Risk Appetite
Gold prices dipped on Thursday, continuing a downward trend following recent highs, as a U.S.-Japan trade deal and strong earnings from tech companies boosted risk appetite, reducing demand for safe-haven assets like gold. Market Overview: Spot gold dropped 0.3% to $3,378.93 an ounce. Gold futures fell 0.4% to $3,384.60/oz. Despite …
Read More »Oil Prices Edge Higher Amid U.S. Crude Stock Decline and Trade Deal Optimism
Oil prices inched higher during Asian trading on Thursday, with data showing a significant drop in U.S. crude stockpiles providing some support, although concerns over U.S. tariffs and trade negotiations ahead of President Donald Trump’s deadline kept investors cautious. Market Overview: Brent Oil Futures for September rose 0.3% to $68.69 …
Read More »Cryptocurrency Market Update and Key Developments
The cryptocurrency market experienced varied performance on July 23, 2025, with most major assets recording declines. Below is a snapshot of the prices and their daily percentage changes:Bitcoin (BTC): $117,706.94, down 1.42%Ethereum (ETH): $3,551.29, down 4.13%Ripple (XRP): $3.1106, down 12.35%Tether (USDT): $1.0003, up 0.01%Binance Coin (BNB): $760.57, down 2.69%Solana (SOL): …
Read More »Landmark US-Japan Trade Pact Ignites Market Surge
On July 23, 2025, the United States and Japan announced a historic trade agreement, reshaping their economic partnership and sparking global financial market optimism. This landmark deal, featuring a 15% tariff on Japanese imports and a $550 billion Japanese investment in US infrastructure, has driven the S&P 500 and Nasdaq …
Read More »Dow Jones Rallies as Trade Deal Progress Emerges
The Dow Jones Industrial Average saw a significant surge on Wednesday, reaching its highest point in five months and approaching new all-time highs. This upswing was fueled by signals from the Trump administration indicating progress on trade agreements, which suggests a potential reduction in tariffs.EU Trade Deal Advances, Counter-Tariff Readiness …
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