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Economic Report

Wall Street Hovers at Records as U.S.-Iran Strikes Rattle Peace Hopes: Broadcom Earnings Could Be the Day’s Game-Changer

Key Takeaways Futures mixed: Dow futures fell 182 points (-0.4%), S&P 500 futures dipped 0.1%, while Nasdaq 100 futures gained 0.2%. Nine straight S&P 500 records: The benchmark notched its longest all-time closing streak since May 2025. Five-day sweep: All three major averages hit record closing highs for five consecutive …

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CENTCOM Defeats Iranian Strike on U.S. 5th Fleet HQ in Bahrain: Ceasefire Hangs by a Thread as Peace Deal Fades

Iran

Key Takeaways Iran targets U.S. 5th Fleet HQ: The IRGC said it struck the U.S. 5th Fleet headquarters in Bahrain and a regional air base. CENTCOM: attacks unsuccessful: U.S. forces said they successfully defeated all Iranian missile and drone attacks. Multi-country strikes: Iran attacked Kuwait and Bahrain; CENTCOM shot down …

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Gold Stuck in Range as Qeshm Island Strikes and Jobs Data Tug-of-War Keeps Bullion Trapped

Key Takeaways Gold slips: Spot gold fell 0.6% to $4,460.87 per ounce, while gold futures eased 0.7% to $4,488.84. Range-bound trading: Conflicting Iran headlines have kept gold locked in a tight band in recent sessions. Qeshm Island struck: U.S. Central Command confirmed strikes on the island near the Strait of …

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Oil Pushes Toward $97 as Qeshm Island Strikes Signal Escalating Hormuz Threat: API Inventory Shock Adds Fuel

Key Takeaways Oil extends rally: Brent rose 1.1% to $97.01 per barrel, while WTI gained 1.1% to $94.76 — both extending the prior session’s 1%+ advances. Qeshm Island struck: U.S. Central Command confirmed strikes on Iran’s Qeshm Island — located near the Strait of Hormuz — significantly raising the strategic …

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Nikkei Rockets to Record High on Japan’s $19.5B Stimulus: AI Rally Powers Asia Higher Despite Fresh Iran Strikes

Key Takeaways Nikkei hits all-time high: Japan’s benchmark jumped nearly 3% to a record 68,645.5 points; TOPIX hit a peak of 3,996.22. Japan stimulus approved: The cabinet approved a 3.11 trillion yen ($19.5 billion) supplementary budget to tackle high living costs from the Iran war. Consumption tax cut coming: PM …

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Trump Moves to Pre-Screen Advanced AI Models in Major National Security Push

The United States has introduced a new executive order designed to give federal authorities early access to advanced artificial intelligence models before they are released to the public. The move marks a significant escalation in government involvement in the rapidly expanding AI sector, with a strong focus on cybersecurity and …

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Yen Under Pressure With Focus on BoJ Governor Kazuo Ueda Ahead of Key Policy Decision

Yen Weakens as Markets Test Critical LevelThe Japanese yen continues to face sustained pressure as the USD/JPY pair trades close to the 159–160 range, a level widely seen as a key psychological and policy-sensitive zone. The currency has remained on a weakening path in recent months, reflecting broader global financial …

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