Economic Report

Key Takeaways Core PCE in line: The core personal consumption expenditures price index rose 0.3% month-on-month and 3.4% year-on-year in May — matching economist estimates. Core ticks up slightly: Both the monthly and annual core readings edged above April’s figures, but without a negative surprise. Headline PCE beats: The headline …

Key Takeaways Bitcoin falls 1.2%: To $61,685.0 — briefly dipping below $60,000 Wednesday and hovering near a 1.5-year low hit earlier in June. Seven straight weeks of ETF outflows: Spot Bitcoin ETFs are on track for their longest consecutive outflow streak of the year. $469M single-day outflow: Wednesday’s exodus was …

Key Takeaways First positive open this week: The Stoxx 600 gained 0.2%; Germany’s DAX rose 0.3%; Italy’s MIB gained 0.3%; France’s CAC 40 was flat. FTSE 100 bucks the trend: London fell 0.3%, dragged lower by energy giants BP and Shell as oil prices tumbled. Brent below $73: Oil dipped …

Key Takeaways Gold breaches $4,000: Spot gold slipped 0.5% to $3,978.60 per ounce — hovering at its lowest in more than seven months after breaking below the key psychological level Wednesday for the first time since November 2025. Gold futures near $4,000: U.S. gold futures edged 0.4% lower to $3,993.80. …

Key Takeaways Four-day losing streak: Brent fell 0.5% to $73.38 per barrel, while WTI edged down 0.3% to $70.14 — both near pre-war levels. Brent at February 27 low: The global benchmark touched its lowest level since the day before the U.S.-Iran conflict began. Prior session’s 4% crash: Wednesday’s sharp …

Bitcoin has slipped back toward the $60,000 threshold, marking one of its sharpest retreats in recent months. The decline reflects a mix of institutional outflows, fragile technical structures, and cautious investor sentiment. As of late trading, BTCUSD hovered around $60,791, down nearly 3% on the day, underscoring the pressure weighing …

SpaceX has made a historic entrance into public markets, attracting extraordinary investor demand and generating trading activity that has surpassed some of the world’s most actively traded technology stocks. The blockbuster debut highlights a shift in market dynamics, with retail investors playing an increasingly influential role in driving investment trends.The …

U.S. Treasury yields moved lower on Wednesday as declining oil prices helped calm inflation concerns and improved investor sentiment across financial markets.The drop followed signs of easing tensions around one of the world’s most important energy shipping routes, reducing fears of major disruptions to global oil supplies. As concerns over …

The US Dollar strengthened sharply on Wednesday, climbing to its highest level in a year as investors positioned themselves ahead of a closely watched inflation report that could shape expectations for interest rates and the broader economic outlook.Financial markets are focused on upcoming US inflation figures, which are expected to …

The British Pound came under renewed pressure on Wednesday after Prime Minister Keir Starmer announced his resignation, triggering fresh political uncertainty at a time when the UK economy is already showing signs of strain. Investors reacted cautiously to the surprise leadership change, with markets now focusing on the upcoming contest …