Daily Economic Reports

Gold prices saw a sharp rise in Asian trading on Thursday, as safe-haven demand surged due to escalating concerns over potential military action with Iran and a risk-averse reaction to President Donald Trump’s comments on trade tariffs. Spot gold rose 0.6% to $3,374.94 per ounce, while gold futures for August …

Markets buzzed with activity on June 11, 2025, as assets like gold, silver, and the Canadian Dollar reacted to a softer-than-expected US Consumer Price Index (CPI) report and progress in US-China trade talks. The cooling inflation figures sparked hopes for Federal Reserve rate cuts, while a tentative trade framework eased …

Silver prices (XAG/USD) have hit a speed bump after a meteoric rise to 13-year highs near $37.00, now hovering around $36.00, down -1.29% on the day, as markets digest easing US-China trade tensions and await critical US inflation data. The white metal’s recent surge, driven by safe-haven demand and industrial …

Gold prices climbed modestly on Wednesday, with XAU/USD trading near $3,341.75, up up+0.55% after briefly touching $3,360. The uptick follows a softer-than-expected US Consumer Price Index (CPI) report for May, which has fueled expectations for Federal Reserve rate cuts as early as September. This development, coupled with ongoing US-China trade …

EUR/USD has accelerated its upward climb, nearing weekly highs hovering around 1.15, exactly trading at 1.1495, up +0.66% at the time of writing, driven by a significant pullback in the US Dollar. The Greenback’s weakness intensified after May’s US CPI data fell short of expectations, dampening investor confidence. Additionally, the …

Tesla’s Surge Sparks Electric Vehicle OptimismTesla’s stock climbed significantly in premarket trading on June 11, 2025, driven by strong investor confidence in its growth trajectory. Recent data highlights Tesla’s robust delivery numbers and advancements in autonomous driving technology, fueling optimism about its market dominance. Despite concerns over valuation, the company’s …

WTI crude oil prices have climbed above $65.00, marking a significant 2% intraday gain as of June 11, 2025. This surge stems from renewed optimism in US-China trade negotiations and a sharper-than-expected decline in US oil inventories. These factors signal stronger demand and tighter supply, driving market momentum. What does …

Bitcoin traded largely flat on Wednesday, pausing after Tuesday’s sharp gains as traders digested news of a proposed U.S.-China trade framework and awaited more clarity on both the deal and upcoming U.S. inflation data. As of 02:08 ET (06:08 GMT), Bitcoin remained unchanged at $109,559.20, hovering just below the record …

European stock markets opened Wednesday in narrow ranges as investors absorbed the implications of the recently concluded U.S.-China trade talks and braced for key inflation data out of the U.S. As of 03:05 ET (07:05 GMT), Germany’s DAX edged down by 0.1%, while France’s CAC 40 gained 0.2%, and the …

Gold prices edged higher in Asian trading on Wednesday, buoyed by safe-haven demand after a U.S. court upheld former President Donald Trump’s trade tariffs, tempering market enthusiasm over recent progress in U.S.-China trade negotiations. Spot gold gained 0.6%, reaching $3,341.03 per ounce, while August gold futures climbed by the same …