Daily Economic Reports

The Pound Sterling (GBP) is riding a wave of strength, climbing to near 1.3390 against a cautious US Dollar as markets grapple with uncertainty surrounding US-China trade talks. Beijing’s firm denial of President Trump’s claims of ongoing trade discussions with China’s Xi has cast a shadow over global markets, contributing …

European shares opened the week slightly higher on Monday, as investors weighed tentative signs of easing U.S.-China trade tensions and braced for a packed schedule of corporate earnings and key economic data. By 03:55 ET (07:55 GMT): The pan-European Stoxx 600 was up 0.3%. France’s CAC 40 climbed 0.5%. Germany’s …

Asian stock markets traded mixed on Monday, with Japanese shares outperforming following a surge in Toyota shares, while Chinese markets remained subdued amid persistent uncertainty over U.S.-China trade talks. Wall Street closed last week with gains across major indexes, but U.S. stock futures pointed lower during Asian hours as trade …

The Bank of Japan (BOJ) is widely expected to leave interest rates unchanged at its policy meeting concluding on Thursday, while warning of mounting risks to the fragile Japanese economy stemming from U.S. tariff escalation. Governor Kazuo Ueda signaled last week in Washington that while the BOJ remains committed to …

US dollar managed to grasp confidence of investors gradually after positive developments of a potential trade deal between Washington and Beijing throughout last trading week. The possibility to de-escalate trade war between USA and China after increased US president Donald Trump said that the huge tariffs on China could be …

A resilient Wall Street concluded a positive week, with gains fueled by the market’s heavyweight stocks, effectively overshadowing the mixed signals emanating from President Trump’s trade negotiations. The rally in these influential mega-cap companies propelled the S&P 500 past the 5,500 milestone, marking its longest streak of gains since the …

Bitcoin’s price is currently consolidating around the $94,000 mark, with a 0.85% gain on Friday, maintaining the significant 10% gain it experienced earlier in the week. This upward momentum has been largely attributed to robust institutional demand, evidenced by substantial inflows into U.S. spot Bitcoin Exchange Traded Funds (ETFs). These …

Bitcoin edged higher on Friday, adding to strong weekly gains after earlier optimism that U.S. President Donald Trump may soften his stance on trade tariffs. However, investors remained cautious due to conflicting signals around potential U.S.-China negotiations, limiting upside momentum in recent sessions. As of 02:23 ET (06:23 GMT): Bitcoin …

Gold prices edged lower in Asian trading on Friday, retreating from this week’s record highs as risk appetite improved following signals of potential deescalation in the U.S.-China trade conflict and upbeat earnings from major tech firms. However, the metal remained well-supported near its all-time peak amid lingering geopolitical and economic …

The USD/JPY pair retreated toward the 143.00 zone on Thursday, erasing earlier gains as renewed US Dollar weakness took hold. Speculation about a Federal Reserve interest rate cut in June resurfaced, fueled by dovish comments from a Fed official who emphasized a data-driven approach and potential action if economic indicators …