Economic Report

Oil prices surged dramatically on Monday, rising more than 25% to their highest levels since mid-2022 as escalating conflict between the United States, Israel, and Iran triggered fears of severe disruptions to global energy supplies. Energy markets were rattled by the intensifying war, particularly as the crisis is unfolding near …

Last week marked one of the most turbulent periods for global markets in recent years. Investor sentiment was dominated by escalating conflict in the Middle East, while the week ended with a U.S. employment report that sharply missed expectations. Military confrontations between the United States and Israel on one side, …

U.S. stocks came under heavy pressure as rising oil prices and fresh economic concerns rattled investor confidence, pushing major indexes toward their lowest levels in three months. Markets reacted sharply to escalating geopolitical tensions in the Middle East and signs that the American labor market may be losing momentum.The combination …

Global financial markets are entering a volatile phase as escalating conflict in the Middle East collides with surprising weakness in the US labor market. The combination of geopolitical tensions and disappointing economic data is reshaping investor sentiment, sending oil prices sharply higher while creating uncertainty around the direction of the …

In the first seven days of the Iran–US turmoil, the most immediate economic repercussions have been sharp increases in global oil prices, heightened inflationary pressures, and volatility in financial markets. Brent crude surged 8-13% (briefly topping $82 per barrel and settling near $81-85), while the short-term shock has already disrupted …

The Canadian Dollar strengthened against the U.S. Dollar on Friday as disappointing U.S. employment data weighed on the Greenback while rising oil prices provided fresh support to Canada’s commodity-linked currency. The move reflects a combination of economic signals pointing to a softer U.S. labor market and stronger fundamentals for energy-exporting …

Retail sales in the United States cooled slightly in January, recording a 0.2% month-on-month decline to $733.5 billion, following a flat reading in December. Despite this modest drop, sales came in above expectations, which had projected a 0.3% fall. On an annual basis, retail activity showed a 3.2% increase, reflecting …

Federal Reserve officials have indicated that recent spikes in gas prices are unlikely to cause lasting inflationary pressure. While consumers may feel the pinch at the pump, the central bank expects these price jumps to be temporary and not derail overall economic stability.The Fed highlighted that short-term fluctuations in energy …

U.S. stock index futures moved lower on Friday, extending recent losses as escalating tensions in the Middle East and sharply higher oil prices dampened investor sentiment ahead of a key U.S. jobs report. By 05:35 ET (10:35 GMT), Dow Jones Futures declined 105 points, or 0.2%, while S&P 500 Futures …

Bitcoin declined in Asian trading on Friday but remained above the key $70,000 level, as investors stayed cautious amid escalating tensions in the Middle East and a surge in oil prices that is complicating the outlook for global inflation and interest rates. The world’s largest cryptocurrency was down 3.1% at …