Economic Report

Paramount Skydance has emerged as a breakout star in the media sector, surging to the top of the S&P 500 after unveiling its first earnings report since the landmark merger between Paramount and Skydance. The results, released on November 10, marked a pivotal moment for the newly restructured entertainment powerhouse, …

The British pound held steady on Tuesday after UK labor market data revealed a rise in unemployment, heightening expectations that the Bank of England may move toward a rate cut in December. The GBP/USD pair traded near 1.3170, showing little change as investors balanced concerns about slowing economic momentum with …

The Japanese yen remained steady against the U.S. dollar on Tuesday, with the USD/JPY pair hovering near the 154.00 level. The currency pair had briefly touched a nine-month high earlier in Asian trading before retreating as weak U.S. labor data renewed expectations of an upcoming Federal Reserve rate cut.The pullback …

The U.S. dollar slipped to its lowest level in more than a week on Tuesday, as renewed signs of weakness in the labor market and optimism over a possible end to the government shutdown weighed on the currency.Investors continued to sell the greenback amid growing speculation that the Federal Reserve …

U.S. assets found firmer footing Monday as signs of progress in Washington eased fears of deeper economic fallout from the nation’s longest-ever government shutdown. Equities clawed back part of last week’s losses—led by a rebound in big-cap technology—while risk-sensitive currencies strengthened and Treasury prices slipped, nudging yields higher. The improved …

The UK labour market lost further momentum into autumn, with unemployment rising and wage pressures easing—an evolving mix that could give the Bank of England room to lower rates at its final meeting of the year. The jobless rate climbed to 5.0% in the three months to September (vs 4.8% …

Asian equities delivered a split performance on Tuesday, with Japan and South Korea extending gains as dip-buyers continued to rotate back into big-cap technology, while Chinese benchmarks slipped on lingering concerns over flagging growth momentum. A strong U.S. lead helped set the tone. Wall Street rallied overnight as tech shares …

The U.S. dollar started the week without a clear direction as investors grew more optimistic about a possible breakthrough to end the ongoing 40-day federal government shutdown. Market sentiment showed signs of stabilization, with traders turning their attention to fresh economic data releases that could shape expectations for the Federal …

Congress appears to be nearing the end of the longest government shutdown in American history, as Senate leaders push through a bipartisan package aimed at restarting federal operations and easing weeks of national disruption. The Senate voted late Sunday to advance the measure, setting the stage for final approval as …

U.S. stock futures jumped Monday after the Senate cleared a key procedural hurdle toward ending the longest government shutdown in U.S. history, lifting risk appetite at the start of a data-light week. By 05:45 ET (10:45 GMT), Dow Jones futures were up 230 points (0.5%), S&P 500 futures gained 66 …