Daily Economic Reports

As voters prepare to choose the next president, the U.S. economy is, by most measures, stronger than it has been in recent election cycles, though some exceptions help explain voter discontent.The Bigger Picture Politics and voting behavior are more complex than any data series from a government website, and the …

As Americans prepare to cast their ballots on Tuesday, the price action of the US dollar is slowing down. In the event of a very close outcome, traders prepare for volatility because it may take days or weeks to choose the next US president. The US dollar index is holding …

As the US prepares to elect a new president, analysts have outlined what a Trump victory could mean for the global economy. However, Europe could expect from Democratic candidate Kamala Harris, who has stated that her presidency would not be a continuation of Joe Biden’s presidency. In terms of domestic …

U.S. stock index futures gained slightly early Tuesday as markets steadied after recent losses. Investors prepared for a tight presidential election and a significant Federal Reserve meeting later in the week. Market Movements At 05:00 ET (10:00 GMT): Dow Jones Futures rose 55 points (+0.1%). S&P 500 Futures gained 12 …

The U.S. dollar edged lower on Tuesday, reflecting cautious sentiment as the country heads into a closely contested presidential election that could trigger significant foreign exchange volatility. The Dollar Index, which measures the greenback against a basket of six major currencies, fell by 0.1% to 103.655 at 04:10 ET (09:10 …

MAGANOMICS is a term used to describe the economic policies advocated by former US President Donald Trump. These policies generally prioritize tax cuts, deregulation, and protectionist trade measures.“MAGAECONOMICS” refers to the economic policies and principles associated with former President Donald Trump’s “Make America Great Again” (MAGA) agenda. These policies were …

The AUD/USD surged higher on Monday, rising by 0.70% to 0.6600 amid expectations of a hawkish Reserve Bank of Australia (RBA) policy decision and uncertainty surrounding the US presidential election. The US Dollar weakened on speculation of a Kamala Harris victory and the Federal Reserve’s dovish rate cut bets.Economic Data …

US Election Looms LargeThe upcoming US presidential election has cast a shadow of uncertainty over the global markets. As the two candidates remain neck-and-neck, investors brace for potential market volatility, especially in the immediate aftermath of the election. The USD/JPY pair has been particularly volatile, with the yen strengthening following …

China’s economic growth has been slowing, prompting policymakers to consider a significant stimulus package. While a proposed 10 trillion yuan ($1.4 trillion) fiscal stimulus could provide a temporary boost, concerns persist about its long-term efficacy and its ability to address the underlying structural issues.The Limits of Stimulus The Chinese government’s …

The election has significant implications for Fed policy in 2025, with a Trump victory potentially ensuring a lower tax environment that boosts sentiment and spending in the near-term. However, promised tariffs, immigration controls, and higher borrowing costs will become headwinds through his presidential term. Conversely, a Harris victory implies continuity, …