Economic Report

US markets surged to fresh record highs Friday after President Donald Trump signaled that a long-awaited agreement with Iran could soon be finalized, fueling investor hopes for easing tensions in the Middle East and a potential reopening of vital global shipping routes. The Dow Jones Industrial Average climbed above the …

The euro strengthened against the US dollar on Thursday as growing optimism surrounding a potential agreement between Washington and Tehran pushed investors away from the dollar and sent oil prices sharply lower.Financial markets reacted positively after signals emerged that negotiations between the United States and Iran were moving closer to …

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near $72,500 in the previous session. Weekly and monthly losses: Bitcoin is still on track for a 4% weekly loss and a 4% monthly decline. Ceasefire extension reported: Reports of a 60-day U.S.-Iran ceasefire extension and …

Key Takeaways Dollar little changed: The DXY held near 99 in Asian trade after slipping 0.2% overnight, headed for a weekly loss. Ceasefire extension reported: The U.S. and Iran have reached a draft framework to extend the truce 60 days while nuclear and regional security talks continue. Awaiting final approval: …

Key Takeaways Gold flat: Spot gold held steady at $4,495.9 per ounce, while gold futures edged down 0.1% to $4,526.17. Volatile week, flat outcome: Bullion is set to end the week largely unchanged after wild swings driven by Middle East headlines. Two-month low then recovery: Gold hit a two-month low …

Key Takeaways Prices ease further: Brent crude fell 0.5% to $93.24 per barrel, while WTI dropped 0.9% to $88.17. Brutal weekly loss: Both benchmarks on track for nearly 10% weekly declines — their steepest in months. 60-day ceasefire draft: Reports indicate Washington and Tehran have reached a draft agreement to …

Key Takeaways Record highs across Asia: Nikkei 225 jumped nearly 3% to an all-time high of 66,449.48; KOSPI surged 3.4% to a record 8,458.25. Broad rally: Hang Seng rose 1%, Hang Seng TECH climbed 1.7%, ASX 200 advanced 1.3%, and Singapore’s STI gained 1%. 60-day ceasefire extension: Reports said Washington …

American stock markets surged to fresh record highs after growing speculation that tensions between Washington and Tehran could be heading toward a temporary truce, fueling a powerful wave of optimism across global financial markets.Major US indexes climbed sharply as investors rushed back into riskier assets, encouraged by reports suggesting the …

Shares of asset management giant BlackRock are drawing renewed optimism from Wall Street, despite the stock underperforming the broader market over the past year.The company’s shares have risen around 10.6% during the last 12 months, significantly trailing the nearly 28% gain recorded by the S&P 500 index over the same …

The British pound held firm against the US Dollar despite softer-than-expected American inflation data that would normally have sparked a stronger rally for sterling. Instead, currency markets delivered a surprisingly muted reaction, signaling that investors may already have priced in expectations of weaker US economic momentum.Fresh figures showed inflation pressures …