Daily Economic Reports

U.S. Commerce Secretary Howard Lutnick revealed plans to release 15 to 20 new trade-related directives within the next 48 hours. He also indicated that tariffs on copper imports are expected to be introduced by late July or early August, targeting a critical material used in electronics, construction, and renewable energy …

As of July 8, 2025, at 19:13 GMT+3, the spot gold price stands at $3,297.175 per ounce, down 1.18% daily, reflecting a short-term correction from a previous close of $3,336.44. Over longer periods, gold has shown significant strength, with a 23.84% increase over six months, 25.60% year-to-date, and 37.98% over …

Bitcoin experienced a slight decline on Tuesday, dropping 0.5% to $108,224.20, as new U.S. tariffs announced by President Donald Trump dampened investor risk appetite. The cryptocurrency has remained range-bound in recent sessions, with traders reluctant to make large bets amid growing uncertainty about the global economic landscape. Trump’s Tariff Announcement …

European stocks experienced modest gains on Tuesday as investors assessed the latest news on U.S. trade tariffs and awaited further developments on potential trade agreements. At 03:05 ET (07:05 GMT), the DAX index in Germany was up by 0.3%, the CAC 40 in France climbed by 0.1%, and the FTSE …

Gold prices held steady in Asian trade on Tuesday after U.S. President Donald Trump’s latest tariff threats spurred some safe-haven demand. However, a recovery in the dollar limited further gains in metal markets, as traders remained cautious amid trade uncertainty. Trump’s Tariff Threats and Postponement of Deadline Gold prices rose …

The EUR/JPY pair is riding a wave of optimism, fueled by prospects of a US-EU trade deal and a robust German economic rebound. However, US President Donald Trump’s announcement of a 25% tariff on Japanese imports, effective August 1, has put the Japanese Yen under strain. As markets eye a …

U.S. stock index futures fell Monday, as growing uncertainty surrounding President Donald Trump’s trade tariff plans overshadowed market sentiment. Market Overview At 05:15 ET (09:15 GMT), Dow Jones Futures were down 115 points, or 0.3%, S&P 500 Futures dropped 32 points, or 0.5%, and Nasdaq 100 Futures slipped 145 points, …

Oil prices showed some resilience on Monday, recovering from earlier losses despite concerns surrounding a more-than-expected output increase from OPEC+ and the potential economic impact of U.S. tariffs. OPEC+ Boosts Output, Market Tightness Offers Support Brent crude futures were down by 0.3%, trading at $68.08 per barrel by 0815 GMT, …

European stocks showed a mixed performance on Monday, with investors remaining cautious ahead of the looming July 9 deadline for trade deals set by U.S. President Donald Trump. Markets have been anxiously awaiting progress in U.S. trade talks, with the risk of higher tariffs looming, which has led to a …

Gold prices slipped in Asian trade on Monday, pressured by a steady U.S. dollar and the ongoing uncertainty surrounding U.S. trade policy. U.S. President Donald Trump’s latest tariff threats and stronger-than-expected payrolls data from last week dampened market expectations for a Federal Reserve rate cut in the near term, further …