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Daily Economic Reports

Trump Questions Market Reaction After Blowout NFP Data

President Donald Trump expressed frustration after financial markets sold off despite a much stronger-than-expected US jobs report, arguing that stocks should have rallied on evidence of a resilient economy.The reaction highlighted a growing disconnect between economic strength and investor sentiment, as markets increasingly focus on what robust data could mean …

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Gold Plunges More Than 3% as Strong US Jobs Report Crushes Rate-Cut Hopes

Gold prices suffered a sharp selloff on Friday after a surprisingly strong US employment report reinforced expectations that interest rates could remain elevated for longer, boosting the US dollar and weighing heavily on precious metals.Spot gold fell to approximately $4,339.92 per ounce, marking a decline of more than 3% on …

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Bitcoin Crashes Toward 4-Month Low with 16% Weekly Wipeout: ETF Exodus, Iran War, and AI Rivalry Crush Crypto

Key Takeaways Bitcoin near 4-month low: The world’s largest crypto fell 3.9% to $61,524.0 — its weakest level in nearly four months. 16% weekly crash: Bitcoin is on track for its worst week in months amid relentless institutional selling. ETF outflows mount: Bitcoin ETFs shed $1.4 billion this week — …

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European Stocks Edge Lower as Hezbollah Veto and Broadcom Chill Combine: ASML, Infineon and STMicro Hit Hard

Key Takeaways Modest losses: The Stoxx 600 slipped 0.2%, Germany’s DAX fell 0.3%, the U.K.’s FTSE 100 shed 0.2%, and France’s CAC 40 was mostly unchanged. Hezbollah’s rejection clouds outlook: Hezbollah leader Naim Kassem called the U.S.-brokered Lebanon-Israel deal “absurd, humiliating, and insulting.” Iran peace deal at risk: Tehran has …

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Hezbollah Calls U.S.-Brokered Lebanon Deal “Absurd and Humiliating”: Iran Peace Talks Pushed to the Brink

Key Takeaways Hezbollah rejects ceasefire: Leader Naim Kassem called the U.S.-brokered Lebanon-Israel agreement “absurd, humiliating, and insulting.” Full Israeli withdrawal demanded: Kassem said Hezbollah will not halt attacks until Israel completely withdraws from Lebanon. Devastating rhetoric: The Hezbollah leader described the agreement as “a road map for the annihilation of …

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Dollar Steady Near Weekly Highs as Hezbollah Veto Dashes Peace Hopes: Rupee Surges on RBI’s Inflation Warning

Key Takeaways Dollar holds firm: The DXY and dollar index futures moved little Friday but are set for weekly gains on heightened Middle East tensions. Euro and pound flat: Both currencies treaded water ahead of nonfarm payrolls. Hezbollah rejects ceasefire: The Iran-backed group refused to halt hostilities with Israel — …

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Gold Slides Toward 2.2% Weekly Loss: Hezbollah’s Ceasefire Rejection and Rate Hike Fears Crush Bullion

Key Takeaways Gold falls: Spot gold dropped 0.8% to $4,440.84 per ounce, while gold futures fell 0.8% to $4,467.01. Worst weekly drop since early May: Spot prices on track for a 2.2% weekly loss. Hezbollah rejects ceasefire: The Iran-backed group refused to halt hostilities with Israel, torpedoing a key precondition …

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Oil Climbs as Hezbollah Rejects Ceasefire, Torpedoing Iran Peace Prospects: Brent Heads for 3-6% Weekly Gain

Key Takeaways Oil advances: Brent rose 0.8% to $95.75 per barrel, while WTI gained 0.5% to $90.47. Weekly gains locked in: Both contracts set for 3-6% weekly advances on sustained Middle East tensions. Hezbollah rejects ceasefire: The Iran-backed group rejected the proposed Lebanon-Israel truce, refused to withdraw troops, and denounced …

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