Economic Report

Most Asian markets advanced on Monday as technology shares rebounded from last week’s steep sell-off, although caution prevailed with investors eyeing upcoming central bank meetings in Australia and India. Japanese equities underperformed as a stronger yen weighed on exporters, while Indian stocks continued to digest sharp declines from the prior …

The U.S. economy’s surprising vigor, with Q2 GDP revised to 3.8% and August consumer spending up 0.4%, paints a picture of resilience that defies slowdown fears. Yet, new tariffs—100% on pharmaceuticals, 50% on cabinets—aren’t mere blips; they’re a bold bet that could fuel inflation and unravel supply chains, turning short-term …

Friday’s Announcement Sends Shockwaves Through Global TradeOn September 25, the United States unleashed a fresh wave of tariffs that sent ripples across global markets. Targeting pharmaceuticals, heavy trucks, furniture, and cabinetry, the new measures are far from subtle. Branded or patented drugs now face a staggering 100% tariff unless companies …

Wall Street ended the week on a positive note after fresh U.S. inflation data reassured investors and calmed fears of runaway price growth. The latest figures showed consumer spending rising slightly more than forecast in August, while the inflation rate ticked up to 2.7% from 2.6% in July — exactly …

The Japanese Yen gained ground against the U.S. Dollar on Friday, halting a two-day surge that had driven the dollar to its highest level in nearly two months. By mid-session, the USD/JPY pair was hovering around 149.50, with the dollar losing steam as traders weighed fresh inflation data alongside renewed …

The specter of new tariffs has sent ripples through the healthcare sector, directly impacting asset performance and creating a clear divide between potential stock market winners and losers. This market volatility is a response to two concurrent national security investigations launched by the US government, targeting imported medical devices and …

Canada’s real GDP rose 0.2% in July, exceeding forecasts and reversing June’s 0.1% drop, Statistics Canada reported. The rebound follows an annualized 1.6% contraction in Q2 as analysts watch for signs of recession. Key drivers of July’s growth: Goods-producing industries led the gain with a 0.6% increase after three months …

Bitcoin extended its decline on Friday, falling below the key $110,000 mark and heading for its steepest weekly drop in months, as investors braced for one of the largest-ever cryptocurrency options expiries while awaiting U.S. inflation data for policy cues. Options Expiry Adds PressureThe world’s biggest cryptocurrency traded 1.8% lower …

U.S. stock index futures traded cautiously higher on Friday, with investors balancing fresh trade tariff announcements from President Donald Trump against anticipation for key inflation data that could guide the Federal Reserve’s next policy moves. Futures Hold Ground Ahead of PCE ReportAt 05:25 ET (09:25 GMT), Dow Jones Futures gained …

The U.S. dollar steadied on Friday after sharp gains in the previous session, supported by stronger-than-expected U.S. economic indicators that dampened expectations for aggressive Federal Reserve easing this year. Dollar Index on Track for Best Weekly Gain in Two MonthsThe dollar index eased 0.1% to 98.37 but remained poised for …