Economic Report

Oil prices fell in volatile trading on Thursday as market participants weighed the likelihood of U.S. involvement in the ongoing Israel-Iran conflict, while a stronger dollar provided resistance to recent gains in crude prices. Initially, oil prices dropped as much as 1% during early Asian trade, but the losses were …

The BoE is expected to hold its base rate at 4.25% on June 19, 2025, reflecting a cautious stance amid conflicting economic signals. UK inflation eased to 3.4% in May from 3.5% in April, driven by lower air fares and petrol prices, but food inflation surged to 4.4%, fueled by …

The U.S. economy is a powder keg, with President Donald Trump’s 10% “Liberation Day” tariffs, launched in April 2025, igniting global trade tensions and inflation fears. Meanwhile, Federal Reserve Chair Jerome Powell, whom Trump publicly called “stupid” for not slashing rates, is holding firm, keeping interest rates at 4.25%–4.50% for …

Jerome Powell, Chair of the Federal Reserve, recently noted that economic uncertainty surged in April 2025 before beginning to subside. This shift frames the Fed’s upcoming decisions, particularly as the September meeting approaches. With inflation poised to climb and labor market dynamics shifting, the Fed’s path demands scrutiny. Here’s why …

The U.S. dollar staged a comeback after a turbulent day following the Federal Reserve’s interest rate decision. This resilience sparks a broader conversation about the Fed’s cautious approach, the economy’s strength, and what lies ahead for global markets. The dollar’s recovery reflects not just market mechanics but a deeper trust …

Bitcoin extended its recent losses on Wednesday, as the ongoing Israel-Iran conflict continued to weigh on investor sentiment and quash risk appetite. The broader cryptocurrency market also retreated, with few signs of deescalation in the conflict. Traders were also focused on potential U.S. intervention following President Donald Trump’s harsh rhetoric …

U.S. stock futures edged higher on Wednesday as traders evaluated the ongoing Israel-Iran conflict and braced for the conclusion of the Federal Reserve’s policy meeting later in the day. At 05:20 ET (09:20 GMT), Dow Jones Futures gained 100 points, or 0.2%, S&P 500 Futures rose 20 points, or 0.3%, …

European stocks steadied on Wednesday as investors remained cautious, closely monitoring the ongoing Israel-Iran conflict and awaiting the conclusion of the latest Federal Reserve policy meeting. As of 03:05 ET (07:05 GMT), the DAX index in Germany dropped 0.1%, while the CAC 40 in France gained 0.2%, and the FTSE …

Oil prices steadied in Asian trade on Wednesday after surging over 4% the previous session, driven by concerns about potential supply disruptions due to the ongoing Israel-Iran conflict and an unexpected draw in U.S. oil inventories. Brent oil futures for August fell slightly to $76.40 per barrel, while West Texas …

Market Drivers – US Session: Dollar rallies as war drums beat louder in the Middle East Dollar Rallies Amid Middle East Tensions Geopolitical unrest in the Middle East has taken center stage, driving a surge in the US Dollar (USD) as investors seek safe-haven assets. The escalating conflict between Israel …