Economic Report

Key Takeaways Regional retreat: Asian markets fell broadly Friday, with Wall Street’s overnight slide setting a weak tone after U.S. forces intercepted attacks on three warships in Hormuz. Tech holds firm: S&P 500 futures rose 0.2% in Asian trade as AI optimism continued to support technology stocks. KOSPI stars despite …

Key Takeaways Gold rises: Spot gold gained 0.8% to $4,723.52 per ounce, while U.S. gold futures climbed 0.5% to $4,731.96. Weekly winner: Bullion is on track for a near 2% weekly gain after rebounding from one-month lows earlier in May. Hormuz flare-up: U.S. and Iranian forces exchanged fire Thursday — …

Key Takeaways Crude jumps: Brent oil futures rose 2.1% to $103.37 per barrel, while WTI climbed 2.2% to $96.90 — bouncing back after Thursday’s 1% decline. Direct clash: Iran accused the U.S. of targeting an Iranian oil tanker and another vessel entering Hormuz, plus strikes on Qeshm Island and coastal …

Bitcoin fell nearly 2% and hovered around the $79,800 level as renewed weakness in digital assets weighed heavily on investor sentiment. The decline came alongside disappointing earnings from major crypto-linked companies, reinforcing concerns that volatility and slowing trading activity are returning to the sector.Despite the latest pullback, Bitcoin remains up …

A Strong Earnings Round Reignites OptimismMarkets turned more positive after a new set of corporate earnings showed stronger-than-expected performance from major consumer and entertainment companies. The results suggested that spending patterns remain more resilient than expected, even as inflation and uneven growth continue to shape the global outlook.Attention quickly shifted …

A Risk-On Wave Sweeps Through Global MarketsFinancial markets began the session in an aggressive risk-on mood, fueled by growing optimism that geopolitical tensions involving Iran could ease. Investors rushed into equities, pushing major stock indices to record levels, while demand for safe-haven assets weakened sharply.The U.S. dollar came under pressure …

Global markets are heading into Friday’s closely watched U.S. nonfarm payrolls report with growing expectations that the American labor market may have performed better than many investors initially feared. After months of uncertainty tied to geopolitical tensions, elevated energy prices, and cautious corporate hiring, several fresh indicators now point to …

Uber’s stock came under pressure after the company reported mixed first-quarter 2026 results, with weaker-than-expected earnings and revenue offset by an optimistic outlook for future bookings. The ride-hailing giant saw its shares fall about 3.1% on Thursday following the release, despite earlier gains of roughly 8% in the previous session …

A little-known Solana-based cryptocurrency called GOP is rapidly gaining attention across crypto markets as traders rush toward narrative-driven digital assets. The token has attracted interest through bold branding tied to gold, oil, sovereign wealth, and institutional power, creating the image of a high-level geopolitical financial project.Behind the dramatic presentation, however, …

Gold extended its strong upward momentum in global markets today, reinforcing its position as one of the most attractive safe-haven assets in an increasingly uncertain economic and geopolitical environment. The precious metal continued to benefit from rising risk aversion, shifting interest rate expectations, and persistent global instability, all of which …