Daily Economic Reports

US Dollar turned lower last week after the strong bad effect of Trump’s trade rhetoric faded to some extent. The currency also missed the opportunity to make use of the testimony of Fed’s chief Jerome Powell against the Senate. Recent inflation and spending data played a role in dollar weakness …

Gold prices experienced renewed volatility, after struggling to hold above $2,900, but eventually the precious metal retreated to $ 2,880.38, down -1.61% at the time of writing. The precious metal is facing pressure as weak U.S. consumer data heightened economic concerns. Retail sales figures released Friday revealed a sharp 0.9% …

U.S. stocks continue to rise, benefiting from some factors available in the markets, most notably economic data and some factors related to the trade policies of the Trump administration. The Dow Jones Industrial Average fell to 44,609 points after giving up 100 points, or 0.3%. But the S&P 500 index …

The British Pound has rallied against the US Dollar, surpassing the 1.2600 mark. This surge is primarily attributed to unexpectedly weak US retail sales data, which suggests a pullback in consumer spending. The Pound’s upward momentum has also been bolstered by positive UK economic indicators. US Retail Sales DisappointUS retail …

January’s US retail sales figures revealed a surprising 0.9% month-over-month decline, the sharpest drop in nearly two years. This figure initially sparked concerns about the economy’s health. However, a closer examination reveals a more nuanced picture, suggesting that the drop may not signal a significant shift in consumer spending. Several …

U.S. stock index futures hovered near flat levels on Friday as investors digested hot inflation data, corporate earnings reports, and uncertainty surrounding U.S. trade policies. Futures Movement as of 05:15 ET (10:15 GMT): Dow Jones Futures ↓ 100 points (-0.2%) S&P 500 Futures ↓ 2 points (-0.1%) Nasdaq 100 Futures …

The US dollar’s recent performance presents a puzzle. Despite robust Producer Price Index (PPI) data and a resilient labour market, the dollar has weakened, underscoring the powerful influence of geopolitical events and shifting market sentiment. This dynamic suggests that traditional economic indicators may, at times, take a backseat to broader …

The signing of a reciprocal tariff order has injected further uncertainty into global trade. The potential for escalating trade tensions increases investor nervousness, prompting a flight to safe-haven assets. Gold prices have surged, approaching record highs, driven by a confluence of factors including US dollar weakness, trade anxieties, and robust …

Federal Reserve Chair Jerome Powell stated that President Trump’s calls for lower interest rates won’t change the central bank’s rate decisions. Powell stated that the Fed will continue to make decisions based on the economy’s situation, despite Trump’s social media comments suggesting lower interest rates. The Fed has cut its …

U.S. producer prices increased more than expected in January, reinforcing concerns that inflation is reaccelerating and pushing back expectations for Federal Reserve interest rate cuts to the second half of 2025. According to Thursday’s Bureau of Labor Statistics (BLS) report: The Producer Price Index (PPI) for final demand rose 0.4% …