Economic Report

Fitch Ratings downgraded 25% of U.S. industry sectors to “deteriorating,” citing unclear trade and tariff policies under the Trump administration. The U.S. Dollar Index (DXY) at 97.806, down 0.67%, reflects market caution, with EUR/USD at 1.1700 (+0.4%) and GBP/USD at 1.3600 (+0.3%). Copper futures, up 0.65% to $5.6410 per pound, …

On Monday, Ethereum traded at $3,734.50, down 0.64% (-$24.00), consolidating within an ascending triangle after a 25.54% weekly gain. Bitcoin (BTC-USD) stood at $116,941, down 0.39%, ranging between $116,000 and $120,000. Corporate adoption of Ethereum, fueled by its decentralized finance (DeFi) infrastructure, influences the U.S. Dollar Index (DXY) at 97.878, …

Crude oil prices faced downward pressure, with August WTI crude oil (CLQ25) declining 0.29% to $65.85 per barrel and Brent crude (UKOIL) dropping 0.29% to $68.97 per barrel. Concerns over a global oil supply glut, driven by potential increases in Iraqi and Saudi exports, outweighed support from EU sanctions on …

On Monday, July 21, 2025, global markets reeled as President Donald Trump, labeling Federal Reserve Chair Jerome Powell “a failure,” fueled a criminal referral by Congresswoman Anna Paulina Luna, accusing Powell of perjury over a $2.5 billion Fed renovation. The U.S. Dollar Index (DXY) fell 0.67% to 97.806 from 98.462, …

U.S. stock indices advanced, with the S&P 500 up 0.56% to 6,331.81, the Nasdaq Composite gaining 0.62% to 20,885.65, and the Dow Jones Industrial Average rising 0.53% to 44,484.49, driven by optimism in Big Tech and easing tariff concerns. Alphabet jumped 2.21% to $190.04, while Tesla dipped 0.16% to $329.11 …

Gold climbed to $3,397.10, up 1.40% from $3,350.10, and silver (XAG/USD) rose 2.02% to $38.94, driven by a declining U.S. Dollar Index (DXY) and falling US Treasury yields. The DXY, at 97.806, fell 0.67% from 98.462, reflecting trade uncertainties, while 10-year Treasury yields dropped to 4.65%, boosting the appeal of …

The Euro weakened against the Japanese Yen, with the EUR/JPY pair trading just above 172.00, down from its multi-year high of 173.25. Escalating EU-U.S. trade tensions, led by U.S. Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, alongside Japan’s post-election stability under Prime Minister Shigeru Ishiba, are driving market …

European Markets Hold Steady as Investors Await U.S.-EU Trade Deal Clarity European stock markets were largely flat on Monday as investors digested a mix of corporate earnings while awaiting further clarity on the ongoing trade negotiations between the United States and the European Union. The STOXX 600, a broad measure …

Bitcoin Edges Higher, Cautious Sentiment Prevails Bitcoin saw a modest rise on Monday, trading at $119,001.6, up by 0.6%, as the cryptocurrency market continued to consolidate near the $120,000 mark after last week’s surge to record highs above $123,000. Despite the recent upward movement, investor sentiment remained cautious due to …

The U.S. dollar posted weekly gains after prevailing over a range of competing market forces throughout the past week. President Donald Trump last week threatened to impose a 30% tariff on the European Union and Mexico, effective August 1st. Market turbulence—sparked by President Trump’s remarks and trade policy actions—persisted throughout …