Economic Report

The Organization of the Petroleum Exporting Countries has reaffirmed its outlook for global oil demand over the next two years, signaling confidence that consumption growth will remain solid despite economic uncertainty and energy transition pressures.In its latest monthly assessment, the group kept its forecast unchanged, projecting global oil demand to …

The Dow Jones Industrial on Tuesday as investors returned from the Presidents’ Day holiday. Technology shares continued to struggle, with concerns that AI tools could reduce demand for traditional software weighing on market sentiment. The S&P 500 declined roughly 0.5%, while the Nasdaq led losses, dropping about 0.8% as software …

The race to succeed Christine Lagarde as president of the European Central Bank is no longer a distant institutional discussion. It has become a live political question shaped as much by when a decision is made as by who eventually gets the job.Lagarde’s single, non-renewable eight-year term, which began on …

U.S. stock index futures pointed to a weaker open on Tuesday following the long holiday weekend, as renewed concerns over artificial intelligence–driven disruptions unsettled market confidence and investors closely monitored developments in nuclear talks between the United States and Iran. At 08:36 a.m. ET, Dow Jones E-mini futures fell 95 …

Canada’s inflation rate eased marginally in January, offering fresh evidence that price pressures continue to cool, although core inflation remains elevated, data released Tuesday showed. The consumer price index (CPI) rose 2.3% year on year in January, coming in just below market expectations and down from a 2.4% increase recorded …

U.S. stock index futures traded lower on Tuesday as markets reopened after a public holiday, with investors assessing a mix of economic data, corporate earnings, and geopolitical developments. At 05:55 ET (10:55 GMT), Dow Jones futures declined by 85 points, or 0.2%, S&P 500 futures fell 26 points, or 0.4%, …

German investor confidence weakened unexpectedly in February, highlighting ongoing uncertainty around the strength and sustainability of Europe’s largest economy, according to data released Tuesday by the ZEW economic research institute. The ZEW economic sentiment index fell to 58.3 points in February, down from 59.6 in January. The reading came in …

Metaplanet has become the latest Bitcoin-focused company to feel the strain of the sharp downturn in digital asset prices, after Bitcoin retreated significantly from the record highs reached in October. The Japanese firm disclosed on Monday a full-year loss of ¥95 billion ($605 million) on revenue of ¥8.9 billion ($58 …

Gold and silver prices declined sharply on Tuesday, extending losses from the previous session as investors remained cautious ahead of a busy slate of U.S. economic data and developments surrounding upcoming nuclear talks between the United States and Iran. Trading activity was subdued due to market holidays in both China …

European equity markets traded in a mixed manner on Tuesday, as investors balanced a steady flow of corporate earnings against fresh U.K. labor market data and rising geopolitical focus on nuclear talks between the United States and Iran. By 03:05 ET (08:05 GMT), Germany’s DAX slipped 0.1%, France’s CAC 40 …