Economic Report

Boeing, the prominent aircraft manufacturer, reported a narrowed second-quarter loss and increased revenue, surpassing Wall Street’s expectations. This improvement comes as the company continues to navigate a series of operational and safety challenges.For the three months ending June 30, the company reported a loss of $611 million, or 92 cents …

Bitcoin stayed steady near $119,000 on Tuesday as investors awaited further clarity on U.S. trade negotiations and remained cautious ahead of the Federal Reserve’s policy decision scheduled for Wednesday. The world’s largest cryptocurrency had been trading sideways for most of July after reaching a record high above $123,000 earlier this …

European equities saw a modest uptick on Tuesday, lifted by corporate earnings reports, notably in EssilorLuxottica, and optimism surrounding the newly inked trade deal between the U.S. and the European Union. Market Performance Pan-European STOXX 600 index: Rose 0.5% by 0815 GMT. Germany’s DAX and France’s CAC 40: Both added …

Crude Prices Bounce BackOn July 28, 2025, oil prices surged, with West Texas Intermediate (WTI, CL=F) climbing 2.38% to $66.71 per barrel and Brent crude (UKOIL) rising 1.82% to $69.53, up $1.24 from its previous close of $68.29. Brent traded within a daily range of $67.56 to $69.66, signaling a …

The US stock market kicked off a busy week with a dynamite wave of second-quarter earnings reports, as 87 companies unveiled their financial results. Despite economic uncertainties, including tariff pressures and inflation concerns, companies like Alerus Financial, Alliance Resource Partners, Ameris Bancorp, Amkor Technology, and Bank of Hawaii delivered solid …

Pound Gains Ground on EuroOn July 29, 2025, the British pound strengthened against the euro, with the EUR/GBP pair dropping to 0.8677, down 0.7% from its previous close of 0.8738. The pair fluctuated between a daily high of 0.8757 and a low of 0.8665, reflecting market jitters over a new …

Euro Faces Sharp DeclineOn July 28, 2025, the euro slumped against the US dollar, with the EUR/USD pair dropping 1.3% to 1.1590 from its previous close of 1.1749. The currency hit a daily high of 1.1770 before falling to a low of 1.1585, reflecting market unease over a newly signed …

A Fourth Day of Losses for GoldGold prices slid for the fourth consecutive day on July 28, 2025, dropping 0.68% to $3,314.45 per troy ounce, down from a daily high of $3,345.52 and a previous close of $3,337.07. The decline reflects a resurgent US dollar, bolstered by a landmark US-EU …

A Breakthrough Trade Deal Sparks Optimism The US dollar has gained significant ground against the Swiss Franc, fueled by a landmark trade agreement between the United States and the European Union, finalized on July 27, 2025. This deal, struck during a meeting between US President Donald Trump and European Commission …

A Week of Trade Talks and Market MomentumThis week, global markets buzzed with optimism as President Donald Trump’s trade negotiations took center stage, sparking debates about their potential to reshape America’s economic landscape. On July 28, 2025, U.S. and Chinese officials convened in Sweden to hammer out trade details, just …