Daily Economic Reports

European stocks saw a modest rebound on Monday, recovering from last week’s losses as investors shook off concerns triggered by escalating geopolitical tensions in the Middle East. The pan-European STOXX 600 rose 0.3% to 546.37 points by 08:45 GMT. Kering Shares Surge on CEO Speculation Kering, the parent company of …

Gold prices experienced a slight pullback in Asian trade on Monday, with a stronger dollar weighing on the yellow metal. Despite the minor drop, gold remained supported by haven demand stemming from the escalating Israel-Iran conflict. Spot gold fell by 0.1% to $3,427.78 per ounce, while August gold futures dropped …

Oil prices rose in Asian trade on Monday, extending a recent rally sparked by the intensifying conflict between Israel and Iran. The ongoing tensions have raised concerns over potential supply disruptions in the Middle East, particularly in the crucial Strait of Hormuz, a key shipping route for oil. Brent oil …

The U.S. dollar strengthens markedly in June 2025, with the Dollar Index rising to 98.14 from 97.62, propelled by a flight to safety following Israel’s June 13 airstrikes on Iran’s nuclear and military facilities, including Natanz and Tehran command centers. President Donald Trump’s renewed tariff threats, targeting major trading partners …

The Pound Sterling slumped against the US Dollar on June 13, 2025, as heightened Iran-Israel tensions fueled a rush to safe-haven assets. With UK economic data weakening and central bank decisions looming, the GBP/USD pair faces choppy waters. As global markets grapple with geopolitical risks, here’s what’s driving the pound’s …

European gas markets are tense as the EU tightens methane emissions rules while aiming to end Russian gas imports by 2027. Natural gas prices crept higher on June 13, 2025, signaling supply uncertainties and regulatory friction. As the bloc navigates the clash between green policies and energy needs, these pressures …

The USD/JPY pair surged above 144.00 on June 13, 2025, so, the pair was trading at 144.14, before stabilizing at 143.90, up +0.30% at the time of writing, as safe-haven demand for the U.S. Dollar intensified amid U.S.-Iran tensions and the Bank of Japan’s (BoJ) cautious monetary stance weighed on …

Adobe (ADBE) shares dropped on June 13, 2025, after Q2 earnings beat expectations but drew mixed analyst reactions over slowing growth and limited AI-driven momentum. Amid a buoyant market lifted by trade optimism and consumer confidence, Adobe’s stumble underscores tech’s AI challenges. Here’s what’s fueling the decline and what it …

Israeli airstrikes on Iranian nuclear and military sites on June 13, 2025, have fueled fears of a wider Middle East conflict, propelling gold and oil prices to new peaks. Gold nears record highs, while oil surged up to 13%, reflecting supply risks in a region producing a third of global …

Consumer confidence in the U.S. rebounded sharply in early June 2025, with the University of Michigan’s consumer sentiment index hitting 60.5, far exceeding the Dow Jones forecast of 54. Easing global trade tensions and a tempered inflation outlook have lifted spirits, despite lingering economic risks. As markets navigate tariff uncertainties …