Economic Report

Federal Reserve Bank of Minneapolis President Neel Kashkari has cautioned that U.S. inflation remains uncomfortably high, despite early signs of moderation across some parts of the economy. Speaking at the Opportunity & Inclusive Growth Institute’s Research Conference on Thursday, Kashkari said that while price pressures have eased compared with the …

With the U.S. government officially reopening after the House voted to end the longest shutdown in the nation’s history, economists are urging the Department of Labor to immediately prioritize the release of November’s employment and inflation data. The move is seen as crucial to give the Federal Reserve the up-to-date …

The British pound strengthened on Thursday, reaching its highest level in two weeks as global markets reacted positively to the reopening of the U.S. government. The end of the budget standoff in Washington restored a sense of stability after weeks of uncertainty, boosting investor confidence and easing fears of wider …

Gold rose for a third session on Thursday as investors weighed the formal end of the United States’ record 43-day government shutdown against lingering uncertainty about the economic outlook and the Federal Reserve’s next move. At 12:55 GMT, spot gold was up 1.1% to $4,242.09/oz, while December futures added 0.8% …

Bitcoin edged lower on Thursday, extending a subdued stretch as institutional demand remained tepid despite a modest improvement in global risk appetite following the end of the U.S. government shutdown. At 00:52 ET (05:52 GMT), Bitcoin fell 0.6% to $102,775, lagging a mild recovery across major altcoins. ETF flows stay …

President Trump signed a stopgap funding package late Wednesday, formally ending the longest U.S. government shutdown (43 days). The measure, passed by both chambers this week largely along party lines, funds most agencies through Jan. 30 and provides full-year appropriations for select departments. The Senate advanced the deal on Monday …

The UK economy barely expanded in the third quarter and slipped in September, sharpening the focus on Chancellor Rachel Reeves’ tax-tilted budget later this month and complicating the Bank of England’s year-end policy calculus. Headline prints Q3 GDP: +0.1% q/q (vs. +0.3% in Q2), signalling a loss of momentum into …

Most Asian equities advanced Wednesday, with Hong Kong leading on a sharp rebound in local technology names, while Japan’s Nikkei 225 struggled for traction as a steep drop in SoftBank Group offset cyclical strength. U.S. risk appetite provided a modest tailwind after cyclicals outperformed on Wall Street amid hopes the …

Global financial markets are holding a risk-on stance as investors anticipate a crucial vote in the US House of Representatives. The expected vote during the overnight session aims to pass a short-term funding solution to re-open the US government. This move is putting continued downward pressure on the US Dollar …

The Dow Jones Industrial Average notched a historic achievement on Wednesday, recording its first-ever close above the 48,000 level, extending gains from the previous session. The 30-stock index rose 326.86 points, or 0.68%, to settle at 48,254.82, while also hitting a fresh all-time intraday high. This milestone rally was largely …