Economic Report

The Israel-Iran conflict, ignited by strikes on June 13, 2025, has sent airlines spiraling into financial chaos. Airspace closures, surging fuel costs, and crashing stocks have gutted revenues, while energy and defense sectors ride the wave. This crisis exposes a brutal truth: geopolitical shocks can paralyze global travel overnight. Here’s …

The Dow Jones surged 350 points on June 16, 2025, reclaiming 42,500, driven by optimism for a potential resolution to the Israel-Iran conflict and President Donald Trump’s diplomatic engagements at the G-7 summit in Canada. Despite trade uncertainties and ongoing Middle East tensions, markets leaned into a risk-on mood, though …

The USD/JPY pair lingers near 144.20, with markets on high alert for the Bank of Japan’s (BoJ) monetary policy decision on June 16–17. This pivotal moment could shift the Japanese Yen’s trajectory against the US Dollar, influenced by Japan’s policy moves and global economic currents. The stark monetary policy divide …

President Donald Trump’s attendance at the Group of Seven (G-7) summit in Canada on June 16, 2025, unfolds against a volatile global landscape marked by U.S. tariffs, the Israel-Iran conflict, and domestic political unrest. His calls for Iran to negotiate a nuclear deal, alongside provocative suggestions to reshape the G-7 …

U.S. stock index futures edged higher on Monday, attempting to recover some of last week’s sharp losses, while investors awaited the Federal Reserve’s interest rate decision later in the week. As of 05:25 ET (09:25 GMT), Dow Jones Futures rose by 145 points, or 0.4%, S&P 500 Futures gained 27 …

Bitcoin firmed on Monday, recovering from a recent dip triggered by escalating tensions in the Israel-Iran conflict, which had briefly pushed the cryptocurrency to a one-week low. The world’s largest cryptocurrency rose 0.5% to $106,581.80 by 01:55 ET (05:55 GMT), after falling to $102,000 over the weekend. Broader crypto markets …

European stocks saw a modest rebound on Monday, recovering from last week’s losses as investors shook off concerns triggered by escalating geopolitical tensions in the Middle East. The pan-European STOXX 600 rose 0.3% to 546.37 points by 08:45 GMT. Kering Shares Surge on CEO Speculation Kering, the parent company of …

Gold prices experienced a slight pullback in Asian trade on Monday, with a stronger dollar weighing on the yellow metal. Despite the minor drop, gold remained supported by haven demand stemming from the escalating Israel-Iran conflict. Spot gold fell by 0.1% to $3,427.78 per ounce, while August gold futures dropped …

Oil prices rose in Asian trade on Monday, extending a recent rally sparked by the intensifying conflict between Israel and Iran. The ongoing tensions have raised concerns over potential supply disruptions in the Middle East, particularly in the crucial Strait of Hormuz, a key shipping route for oil. Brent oil …

The U.S. dollar strengthens markedly in June 2025, with the Dollar Index rising to 98.14 from 97.62, propelled by a flight to safety following Israel’s June 13 airstrikes on Iran’s nuclear and military facilities, including Natanz and Tehran command centers. President Donald Trump’s renewed tariff threats, targeting major trading partners …