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Economic Report

Markets Struggle Amid US Shutdown: Dollar Weakens, Gold Shines, and Risk Assets Face Turbulence

Global financial markets are navigating one of the most unpredictable environments in recent years as the U.S. government shutdown drags on, delaying the release of key economic data. The nonfarm payrolls (NFP) report — a cornerstone for assessing U.S. labor market health — will not be released on schedule due …

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Oil Prices Edge Higher After Hitting Four-Month Lows; OPEC+ Meeting in Focus

Oil prices steadied in Asian trade on Thursday, recovering slightly after sliding to near four-month lows in the previous session as rising U.S. crude inventories and speculation of another OPEC+ supply hike weighed heavily on sentiment. Market PerformanceAs of 21:52 ET (01:52 GMT), Brent crude futures (December delivery) rose 0.5% …

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EU and US Steel Policies Diverge as Global Market Braces for Impact

As October 2025 unfolds, the global steel market faces renewed tension as both the European Union and the United States double down on protective measures, each pursuing distinct strategies with far-reaching consequences.The European Union has announced a sharp reduction in steel import quotas—nearly 50%—while imposing tariffs of up to 50% …

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US Session- Market Drivers: Markets Stunned as US Government Shutdown Weighs on Dollar

Global financial markets are reacting sharply to the ongoing US federal government shutdown, which has reintroduced a significant level of uncertainty. The immediate consequence has been further weakness in the US Dollar (USD), which receded to new multi-day lows as investors assessed the implications of the political impasse.The US Dollar …

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Wall Street Cautiously Climbs Amid Government Shutdown and Economic Uncertainty

U.S. stocks showed resilience on Wednesday as traders navigated the latest government shutdown, hopeful that the funding lapse would be brief and have limited economic fallout. The S&P 500 inched up 0.1%, while the Nasdaq Composite added 0.2%. The Dow Jones Industrial Average traded largely flat. Earlier in the session, …

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ADP Report Shows Surprise Job Loss, Raising Concerns Ahead of NFP

The latest ADP National Employment Report delivered a negative surprise, showing a decline of 32,000 private-sector jobs in September, well below expectations for an increase of 52,000. The report, compiled from payroll data of nearly 400,000 U.S. businesses, highlights further weakness in the labor market. It also marks a continuation …

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