Economic Report

Gold prices extended gains on Friday, holding close to record highs, as fresh signs of weakness in the U.S. labor market reinforced expectations that the Federal Reserve will move to cut interest rates at its policy meeting next week. Gold Prices and Market Moves By 01:51 ET (05:51 GMT), spot …

A series of weaker-than-expected inflation reports for both producers and consumers in the U.S. has strengthened the case for the Federal Reserve’s first interest rate cut since December 2024. In response, the U.S. Dollar (USD) has resumed its decline as the week’s busy economic calendar concludes with the release of …

The financial landscape is currently a puzzle of conflicting signals. On one hand, the Dow Jones Industrial Average is hitting record highs, a traditional sign of a strong economy and robust corporate health. On the other, key economic data points like the Consumer Price Index (CPI) and jobless claims are …

In the current market landscape, a confusing mix of economic signals has triggered a frenzy of optimism on Wall Street. On one hand, the Dow Jones Industrial Average has soared to new heights, fueled by hopes that the Federal Reserve will soon begin cutting interest rates. On the other, data …

WTI erases early-week gains as it drops over 2% to trade at $62.20. In August, OPEC+ production increased by 509,000 barrels per day, reaching 42.4 million barrels per day. The IEA lowers its demand prediction to 740,000 bpd and warns of a 2.5 million bpd global surplus in H2 2025.As …

The European Central Bank (ECB) kept interest rates unchanged on Thursday, as expected, while offering little guidance on its next steps. Policymakers signaled caution as inflation projections dipped below target for next year, keeping alive market speculation of a final “insurance” cut later in 2025. Rates on Hold, Outlook Cautious …

In an interview conducted by Alarabiya TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of financial markets. Q: Will the Fed cut interest rates in September? And if so, will it be …

Gold prices edged lower in Asian trading on Thursday, with investors adopting a cautious stance ahead of pivotal U.S. inflation figures that could define the Federal Reserve’s policy direction. Despite the dip, bullion remained close to record highs as firm bets on a September rate cut and concerns over Fed …

Oil prices steadied in Asian trading on Thursday, holding near recent highs after a volatile week marked by heightened geopolitical tensions in Russia and the Middle East, offset by worries of oversupply following an unexpected rise in U.S. crude inventories. Brent oil futures for November traded at $67.49 per barrel, …

The US Senate Banking Committee just advanced President Trump’s pick for the Federal Reserve, Stephen Miran, despite serious concerns about his political independence. The 13-11 vote moves Miran one step closer to joining the central bank in time for a key interest rate decision, but his unique arrangement with the …