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Daily Economic Reports

Oil Edges Up After Monday’s 3% Crash: U.S. Issues 60-Day Iranian Oil Sanctions Waiver as Peace Deal Momentum Builds

Key Takeaways Modest rebound: Brent rose 0.3% to $78.10 per barrel, while WTI gained 0.4% to $74.18 — partially recovering from Monday’s near-3% selloff. Technical bounce: Tuesday’s recovery appeared largely technical rather than a sign of renewed bullishness. 60-day sanctions waiver issued: Washington granted a general license allowing the sale, …

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U.S. Markets Mixed as Tech Weakens and Oil Prices Retreat

Wall Street’s Uneven SessionU.S. stocks closed Monday on a divided note, with industrial strength lifting the Dow Jones Industrial Average while technology losses dragged down the Nasdaq and S&P 500. The Dow gained 148 points (0.3%), supported by resilient industrial shares. In contrast, the S&P 500 slipped 0.4%, and the Nasdaq Composite …

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Washington, Tehran’s New Agreement Sparks Questions Over What Was Actually Signed

Less than a week after the United States and Iran signed a 60-day framework aimed at reducing tensions and restoring stability in the Middle East, significant disagreements have already emerged over what the deal actually requires. While both governments publicly support the agreement, their descriptions of several key provisions differ …

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2.2 Trillion Dollar Valuation in Week One: SpaceX’s IPO Sends Investors Racing Toward the Future

SpaceX Surpasses Expectations as Market Bets on a New Era of Space and ConnectivityJust one week after its highly anticipated public debut, SpaceX has already reached a staggering valuation of nearly $2.2 trillion, transforming the company from a leading rocket manufacturer into one of the world’s most valuable technology and …

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Micron Technology Poised for Strong Gains as Earnings Surge

As Micron Technology approaches the release of its third‑quarter earnings, investors are anticipating a significant jump in both revenue and profit. The company’s robust financial performance, fueled by accelerating demand for memory solutions tied to artificial intelligence, continues to strengthen confidence in its stock and its long‑term growth outlook, given …

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Gold Climbs as Oil Prices Slide on US-Iran Talks, While Silver Joins the Precious Metals Rally

Gold prices moved higher as the week began, supported by improving market sentiment after signs of progress in diplomatic efforts between the United States and Iran helped reduce fears of a major disruption to global energy supplies. The shift in expectations pushed oil prices lower, easing concerns that a new …

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Bitcoin ETFs Suffer Record $6 Billion Outflow Streak as Investors Shift Focus to AI Boom

Bitcoin traded mixed this week as investors balanced improving price stability against a historic wave of withdrawals from U.S. spot Bitcoin ETFs. The cryptocurrency hovered near $64,000, gaining roughly 1.7% over the past 24 hours while remaining down about 2% for the week and nearly 15% over the past month. …

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China Hits Back With Sanctions on US Firms As Trade, Technology Tensions Escalate

China has imposed new restrictions on a group of American companies, marking the latest escalation in the ongoing economic and strategic rivalry between the world’s two largest economies.The move comes just weeks after high-level talks aimed at stabilizing relations and reducing trade tensions. While both sides had signaled a willingness …

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UK Political Turmoil Deepens After Starmer Resignation, Pound Suffers

The resignation of Prime Minister Keir Starmer has sent a fresh wave of uncertainty through British financial markets, reigniting concerns about the country’s political stability and economic direction. The immediate reaction was felt in the currency market, where the British Pound came under pressure as investors rushed to assess the …

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Will Stablecoins Thrive as Congress Moves to Block Digital Dollar?

A major shift in U.S. digital finance policy is taking shape as Congress moves closer to banning the creation of a government-issued digital dollar. The proposed legislation would prevent the Federal Reserve from launching a central bank digital currency (CBDC), marking a significant victory for the cryptocurrency industry and companies …

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