Daily Economic Reports

The cryptocurrency market is on the cusp of a transformative era following a landmark decision by the U.S. Commodities Futures Trading Commission (CFTC) on August 4, 2025, to allow spot trading of crypto assets on regulated futures exchanges. This move responds to calls from a White House working group to …

Gold prices surged 0.20% to $3,381 per troy ounce, driven by mounting expectations of a Federal Reserve interest rate cut following lackluster U.S. economic data. The disappointing July Nonfarm Payrolls (NFP) report, combined with a slowdown in the services sector, has fueled speculation of monetary easing as early as September. …

Crude oil markets experienced significant volatility on Tuesday as escalating U.S. sanction threats against Russia heightened tensions, sending West Texas Intermediate (WTI) prices on a rollercoaster ride before settling lower. The Trump administration’s aggressive push for a ceasefire in Ukraine, a key promise of President Donald Trump’s campaign, has collided …

The U.S. dollar has maintained its strong upward momentum into the start of the week, bolstered by ongoing debates surrounding the White House’s trade tariff policies, speculation about further Federal Reserve interest rate cuts, and uncertainty over who will succeed Chair Jerome Powell. Meanwhile, global markets are closely watching the …

Bitcoin mining in 2025 confronts a multifaceted array of environmental, economic, regulatory, technical, and social challenges that demand innovative solutions to ensure the industry’s sustainability and profitability. The process consumes approximately 150 terawatt-hours of energy annually, generating significant carbon emissions that spark environmental concerns and intensify regulatory oversight. This high …

In a recent interview with CNBC, President Donald Trump made several key announcements regarding U.S. economic policy, including his thoughts on the Federal Reserve chairmanship, new tariffs, and ongoing international trade negotiations. Fed Chair AppointmentTrump confirmed that Scott Bessent has declined consideration for the role of Federal Reserve Chair, sparking …

The U.S. dollar stabilized on Tuesday after suffering losses following the disappointing July jobs report, as traders focused on the potential for further Federal Reserve rate cuts amid growing concerns over a slowing U.S. economy. Dollar Index Rises After Payrolls Data Impact At 04:15 ET (08:15 GMT), the Dollar Index, …

Bitcoin remained largely unchanged on Tuesday, staying within its recent trading range as traders weighed the growing uncertainty surrounding U.S. trade tariffs and economic growth, which kept risk appetite subdued. The world’s largest cryptocurrency was flat at $114,373.5 as of 00:57 ET (04:57 GMT), continuing its struggle to build on …

Gold prices held steady on Tuesday after three consecutive days of gains, buoyed by growing expectations that the Federal Reserve will implement a rate cut in September. This sentiment was further fueled by concerns over the U.S. economy and escalating trade tensions, which continue to provide support for safe-haven assets …

Switzerland is racing against time to counter steep U.S. tariffs set to hit its exports with a hefty 39% duty, one of the highest globally, starting Thursday, August 7, 2025. The Alpine nation, stunned by President Donald Trump’s announcement, convened an emergency meeting on Monday to craft a “more attractive” …