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Economic Report

Sterling Under Pressure Amid Resignations Quaking Starmer Government

The British pound came under significant pressure on Monday against the U.S. dollar, euro, and Swiss franc, as a domestic political crisis escalates in the United Kingdom. Prime Minister Keir Starmer’s government faces its toughest challenge yet following the resignations of two senior aides within 24 hours: Morgan McSweeney, Chief …

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Euro Prepares for Greater Global Role as Dollar Weakness Persists

European financial policymakers are signaling that the euro is increasingly positioned to play a larger role in global markets as the U.S. dollar shows signs of softening. Joachim Nagel, President of the Deutsche Bundesbank, stressed that inflation risks in the eurozone remain roughly balanced and that any shortfall is temporary …

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Dollar Slips as Markets Brace for Key U.S. Data, Yen Gains on Intervention Signals

The U.S. dollar edged lower on Monday as investors positioned for a data-heavy week that could shape expectations for Federal Reserve policy, while the Japanese yen strengthened on renewed speculation of currency intervention following Japan’s recent election outcome. At 06:30 ET (11:30 GMT), the Dollar Index—which measures the greenback against …

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U.S. Pushes South Caucasus Peace Deal as Vance Backs Strategic Trade Corridor Bypassing Russia and Iran

U.S. Vice President JD Vance is set to visit Armenia and Azerbaijan this week in a diplomatic push to advance a Washington-brokered peace agreement that could significantly reshape energy flows and trade routes across the strategically vital South Caucasus region. Vance’s two-day visit to Armenia, beginning later on Monday, comes …

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Bitcoin Reclaims $70,000 as Risk Appetite Stabilizes Ahead of Key U.S. Data

Bitcoin traded comfortably above the $70,000 mark on Monday, consolidating gains after a sharp rebound late last week from lows near $60,000, as investors reassessed risk sentiment following heavy liquidations and shifted their focus to critical U.S. economic data due later this week. The world’s largest cryptocurrency was last up …

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Gold Soars Above $5,000 as Dollar Slides and Rate-Cut Bets Intensify Ahead of U.S. Jobs Data

Gold and silver prices extended their strong rally on Monday, buoyed by a softer U.S. dollar and growing expectations that the Federal Reserve will ease monetary policy as signs of labor market weakness emerge. Spot gold climbed 1.06% to $5,012.88 per ounce, firmly holding above the psychological $5,000 level after …

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Weekly market wrap: rate decisions taken and important earnings into focus

Global financial markets have experienced sharp volatility in recent weeks, driven by a combination of intertwined factors. Chief among them are concerns over disruptions in artificial‑intelligence–related stocks, a surge in technology spending, and a noticeable decline in investor appetite for riskier, actively traded assets. These themes form the core of …

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