Economic Report

Federal Reserve Chair Jerome Powell surprised many in his recent speech at Jackson Hole, signaling a potential interest-rate cut in September. This move is a significant gamble, as it prioritizes supporting a weakening labor market over the traditional focus on controlling inflation. While the unemployment rate has held steady and …

Oil prices displayed divergent trends in recent trading sessions, with West Texas Intermediate holding steady near $64.74 per barrel after a marginal decline of 0.02%, while Brent crude advanced 0.60% to close at $68.19 per barrel. These movements come amid a backdrop of fluctuating demand signals and supply concerns, as …

Gold Loses Momentum After Friday’s RallyGold prices edged lower in Asian trading on Monday, easing back after a strong rally last week fueled by dovish signals from Federal Reserve Chair Jerome Powell. Spot gold slipped 0.2% to $3,363.88 per ounce, while December gold futures declined 0.3% to $3,408.00/oz by 01:30 …

Market OverviewEuropean equities opened lower on Monday, with investors weighing economic signals from the U.S. Federal Reserve and a busy week of earnings and inflation data. The STOXX 600 slipped 0.3% at the start of trading, while Germany’s DAX and France’s CAC 40 both fell around 0.5%. U.K. markets were …

Bitcoin Retreats After Fed-Driven RallyBitcoin fell on Monday, giving back gains sparked by Federal Reserve Chair Jerome Powell’s dovish comments last week. The world’s largest cryptocurrency was last down 2.1% at $112,550.5 as of 01:27 ET (05:27 GMT), slipping to its lowest levels in more than six weeks. The token …

Oil prices held largely steady in Asian trade on Monday, consolidating sharp gains from last week. Market sentiment was supported by fading expectations of an imminent Russia-Ukraine ceasefire and dovish signals from the U.S. Federal Reserve pointing to a possible rate cut in September. As of 21:20 ET (01:20 GMT), …

As of today, Monday, August 25, 2025, markets are waking up to a new and completely different landscape from the beginning of last week’s trading. The final week, which concluded on August 22, 2025, was a complex work of art on which the U.S. Dollar’s (USD) movements charted a path …

Federal Reserve Chair Jerome Powell has signaled that long-awaited interest rate cuts could arrive soon, marking the first such move during the current presidential term. In a pivotal speech at a major central banking forum, Powell highlighted growing concerns over a weakening job market, suggesting that lower rates might be …

As the financial world awaits Federal Reserve Chair Jerome Powell’s highly anticipated speech at the annual economic symposium this Friday, investors are holding their breath for clarity on the central bank’s stance regarding interest rates. Amid a backdrop of mixed economic signals—steady GDP growth despite a struggling labor market, and …

Gold prices have held firm amid mounting anticipation for the Federal Reserve’s Jackson Hole symposium, where Chair Jerome Powell is set to deliver a key speech on economic outlook and policy direction. As of Thursday, spot gold dipped slightly by 0.1% to $3,342.25 per ounce, while U.S. gold futures for …