Economic Report

Key Takeaways Oil bounces back: Brent rose 1.8% to $93.08 per barrel, while WTI climbed 1.8% to $89.78 — recovering from the prior session’s 3% slump to seven-week lows. Helicopter shoot-down triggers strikes: The U.S. launched strikes on Iranian targets near Hormuz after Iran downed a U.S. Apache helicopter. “Proportional” …

Key Takeaways Fourth consecutive loss: Spot gold fell 1.9% to $4,180.85 per ounce — its lowest since March 23; gold futures also dropped 1.9% to $4,204.75. Iran shoots down U.S. helicopter: Washington launched fresh strikes on Iranian targets after the downing near the Strait of Hormuz reignited supply disruption fears. …

Key Takeaways Broad regional decline: Japan’s Nikkei fell 1.1%, TOPIX shed 0.7%, Chinese indexes lost 0.6-1%, and South Korea’s KOSPI was the worst performer on renewed chip losses. Fresh U.S.-Iran strikes: The two sides exchanged another round of attacks after Iran shot down a U.S. helicopter in the Strait of …

The numbers are staggering. The promises are even bigger. But behind the spectacle of the largest FIFA World Cup in history lies a far more complicated economic story — one that separates the tournament’s real winners from those left counting the costs.The Biggest World Cup Ever — And the Highest …

Nasdaq Leads Losses After Reports of US Strikes Against IranU.S. stock futures moved lower early Wednesday as investors reacted to reports that American forces launched strikes against Iran, raising fears of a broader escalation in the Middle East and adding fresh uncertainty to global financial markets.Futures linked to the S&P …

Goldman Sachs Research has pushed back its forecast for the Federal Reserve’s next interest-rate cuts, arguing that stronger-than-expected economic growth and a resilient labor market leave little urgency for policymakers to begin easing monetary policy. The investment bank now expects the Fed to deliver its final two rate cuts of …

Hopes for a new round of U.S. interest rate cuts are rapidly fading as inflation remains stubbornly elevated and global geopolitical tensions continue to fuel price pressures across the economy.A growing majority of economists now expect the Federal Reserve to leave interest rates unchanged for the remainder of 2026, reflecting …

Crude oil prices declined sharply during Tuesday’s trading session as improving geopolitical conditions reduced concerns over potential disruptions to global energy supplies. The continued resilience of the ceasefire agreement between Israel and Iran eased market fears and contributed to downward pressure on prices.The decline pushed crude prices to their lowest …

The U.S. Consumer Price Index for May 2026 is set to be released on June 10, capturing widespread attention from investors and policymakers alike. This upcoming report arrives at a sensitive time, as recent economic signals suggest inflation may be picking up speed again after a period of moderation. What …

The Euro is staging a notable recovery against the US Dollar, snapping back from its recent two-month lows. This upward shift is being driven by a dual wave of relief: tentative signs of de-escalation in global geopolitical conflicts and a subsequent cooling of energy prices. Because Europe relies heavily on …