Economic Report

WTI (West Texas Intermediate) Crude Oil is rebounding on Wednesday after a sharp 2.27% drop in the previous session. At the time of writing, the US benchmark trades near $64.00 per barrel, up 1.2% on the day and recovering from a five-day low of $62.80 hit earlier in European trading …

Gold prices edged lower on Wednesday, retreating from a recent two-week peak of $3,394 under pressure from a resurgent US dollar. Despite ongoing political turbulence surrounding efforts to remove a Federal Reserve governor, the precious metal remains supported by broader uncertainties in monetary policy.During the American trading session, gold was …

European Stocks Rebound as Investors Buy the Dip Ahead of Nvidia Earnings Pan-European RecoveryEuropean equities edged higher on Wednesday, rebounding from their largest drop in nearly a month. The STOXX 600 index rose 0.4% by 07:07 GMT, with Germany, Italy, and Spain adding between 0.1% and 0.3%. French Political Risks …

Bitcoin edged higher on Wednesday after hitting a seven-week low in the previous session, as market sentiment remained cautious following U.S. President Donald Trump’s attempted firing of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 02:32 ET (06:32 GMT), Bitcoin traded 1.2% higher at …

As global markets brace for a pivotal week, the spotlight is turning toward Australia’s inflation data, set to influence currency movements and investor sentiment. On Tuesday, August 26, 2025, the US Dollar (USD) pulled back from recent gains, dipping toward the 98.00 mark on the US Dollar Index (DXY). This …

On August 26, 2025, President Donald Trump announced his intention to fire Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud in a move that has sparked intense debate over the independence of the Federal Reserve. This unprecedented action marks the first time a U.S. president has attempted to …

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Tuesday, hovering just above the 45,000 mark as investors adopted a cautious stance, awaiting significant economic data to drive market momentum. With global markets focused on the upcoming release of the US Personal Consumption Expenditures Price Index (PCE) inflation data …

On August 26, 2025, President Donald Trump made waves with a bold claim that could reshape the Federal Reserve’s approach to monetary policy. Speaking with confidence, Trump announced that the Federal Open Market Committee (FOMC), the Fed’s key interest rate-setting body, would soon see a majority of members favoring rate …

Bitcoin tumbled to a seven-week low on Tuesday as investors shunned risk following U.S. President Donald Trump’s unprecedented dismissal of Federal Reserve Governor Lisa Cook, raising concerns over the central bank’s independence. As of 01:59 ET (05:59 GMT), Bitcoin traded 1.8% lower at $110,231.8, its lowest since July 9, retreating …

Markets Slide Across the RegionEuropean equities opened sharply lower on Tuesday, tracking Wall Street’s losses and pressured by renewed concerns over U.S. trade policy and domestic political instability in France. As of 03:35 ET (07:35 GMT), Germany’s DAX was down 0.5%, France’s CAC 40 slumped 1.8%, and London’s FTSE 100 …