Economic Report

In a pointed warning that underscores the Federal Reserve’s ongoing struggle with price stability, Kansas City Fed President Jeff Schmid cautioned that U.S. inflation could become entrenched at levels close to 3%. Speaking in Oklahoma City, Schmid argued that the recent surge in oil prices—driven by geopolitical tensions in the …

After weeks of sharp gains fueled by the war with Iran, oil prices are beginning to retreat. US crude (WTI) has dropped to around $97, while Brent crude is trading near $103, both posting notable declines of more than 4%. The pullback suggests that fears of prolonged supply disruptions may …

Gold prices hovered near the $4,600 level on Tuesday, finding modest support as the US dollar eased from recent highs. Despite the upward tilt, the metal remains stuck within a narrow trading range that has persisted for about a week, reflecting uncertainty across global markets.The cautious tone comes as investors …

U.S. equities opened firmly higher on Tuesday, as investor sentiment improved following reports that Donald Trump is open to ending the military campaign against Iran, even without reopening the Strait of Hormuz. At 09:31 ET (13:31 GMT), the S&P 500 advanced 1.2% to 6,419.17 points, while the Nasdaq Composite climbed …

Britain’s competition watchdog has announced plans to investigate whether Microsoft holds excessive market power in business software, in a move that could reshape licensing practices affecting hundreds of thousands of UK businesses and public sector organizations. The Competition and Markets Authority (CMA) said it will launch a Strategic Market Status …

Bitcoin traded largely unchanged on Tuesday, capping a muted performance for March as persistent risk aversion tied to the Middle East conflict continued to weigh on investor appetite for speculative assets. The world’s largest cryptocurrency edged up 0.2% to $67,401.9 as of 02:44 ET (06:44 GMT), remaining within a narrow …

U.S. stock futures moved higher on Tuesday, supported by reports that Donald Trump is considering ending the military campaign against Iran, even as the critical Strait of Hormuz remains effectively closed. By 03:29 ET (07:29 GMT), Dow Jones futures rose 333 points, or 0.7%, while S&P 500 futures gained 42 …

European equities traded in a tight range on Tuesday, as investors balanced surging oil prices against reports that the United States may seek to wind down its military campaign in Iran even without reopening the Strait of Hormuz. By 03:10 ET (07:10 GMT), the pan-European STOXX 600 edged up 0.1%, …

Gold prices inched higher on Monday, supported by bargain hunting and slightly softer expectations for interest rate hikes, although the metal remains on track for its steepest monthly decline in nearly two decades. Spot gold rose 0.2% to $4,503.29 per ounce as of 16:25 ET (20:25 GMT), while gold futures …

Oil prices edged lower in Asian trading on Tuesday, reversing earlier gains as reports suggested that U.S. President Donald Trump is considering ending military operations against Iran. However, losses remained limited as the outlook for global supply stayed constrained by the continued closure of the Strait of Hormuz. Brent crude …