Economic Report

ChatGPT said: Market OverviewU.S. stock futures pointed higher on Monday, supported by investor optimism ahead of a key jobs report later this week, even as concerns over a possible federal government shutdown tempered sentiment. At 06:09 ET (10:09 GMT), Dow Jones Futures gained 189 points (0.4%), S&P 500 Futures rose …

The U.S. dollar index slipped by 0.2% to 97.92 on Monday, easing from recent gains as investors turned their attention to Friday’s nonfarm payrolls (NFP) report for September. The labor market remains the central focus for Federal Reserve policymakers, who earlier this month cut interest rates by 25 basis points. …

Oil prices slipped sharply in Asian trade Monday, as signals of fresh supply increases rattled traders already wary of a growing glut. By 21:41 ET (01:41 GMT), Brent crude futures (Nov) were down 0.8% at $69.58 a barrel, while WTI crude (Nov) fell 0.9% to $65.16. Both benchmarks had surged …

Gold prices hit all-time highs in Asian trading on Monday, with investors flocking to the safe-haven asset amid mounting concerns over a possible U.S. government shutdown and continued bets on Federal Reserve rate cuts. Spot gold surged to $3,812.00 an ounce, while December futures touched $3,839.05/oz, extending a rally supported …

Most Asian markets advanced on Monday as technology shares rebounded from last week’s steep sell-off, although caution prevailed with investors eyeing upcoming central bank meetings in Australia and India. Japanese equities underperformed as a stronger yen weighed on exporters, while Indian stocks continued to digest sharp declines from the prior …

The U.S. economy’s surprising vigor, with Q2 GDP revised to 3.8% and August consumer spending up 0.4%, paints a picture of resilience that defies slowdown fears. Yet, new tariffs—100% on pharmaceuticals, 50% on cabinets—aren’t mere blips; they’re a bold bet that could fuel inflation and unravel supply chains, turning short-term …

Friday’s Announcement Sends Shockwaves Through Global TradeOn September 25, the United States unleashed a fresh wave of tariffs that sent ripples across global markets. Targeting pharmaceuticals, heavy trucks, furniture, and cabinetry, the new measures are far from subtle. Branded or patented drugs now face a staggering 100% tariff unless companies …

Wall Street ended the week on a positive note after fresh U.S. inflation data reassured investors and calmed fears of runaway price growth. The latest figures showed consumer spending rising slightly more than forecast in August, while the inflation rate ticked up to 2.7% from 2.6% in July — exactly …

The Japanese Yen gained ground against the U.S. Dollar on Friday, halting a two-day surge that had driven the dollar to its highest level in nearly two months. By mid-session, the USD/JPY pair was hovering around 149.50, with the dollar losing steam as traders weighed fresh inflation data alongside renewed …

The specter of new tariffs has sent ripples through the healthcare sector, directly impacting asset performance and creating a clear divide between potential stock market winners and losers. This market volatility is a response to two concurrent national security investigations launched by the US government, targeting imported medical devices and …