Economic Report

​Global oil markets faced a sharp downturn on Thursday, as the price of West Texas Intermediate (WTI) crude oil plummeted below the $61 per barrel mark, registering its lowest level in several months. This severe drop comes amid escalating concerns that a global supply flood is coinciding with a deterioration …

The ongoing US federal government shutdown is casting a long shadow over global markets, prompting a partial rebound in the US Dollar after days of declines. This political impasse isn’t just a domestic headache—it’s amplifying economic uncertainties worldwide, especially as key data releases loom. With no end in sight, investors …

Two leading Federal Reserve officials are sounding alarms from different angles. Dallas Fed President Lorie Logan is pressing for restraint on further interest rate cuts, arguing that inflation remains a persistent threat. Meanwhile, Chicago Fed President Austan Goolsbee warns that the ongoing government shutdown has deprived policymakers of vital data, …

As the U.S. government shutdown extends into October, markets are entering the final quarter of 2025 facing one of the most uncertain backdrops in years. The nonfarm payrolls (NFP) report—normally the most influential labor market release—will not be published on schedule, depriving investors of a key reference point for Federal …

Global financial markets are navigating one of the most unpredictable environments in recent years as the U.S. government shutdown drags on, delaying the release of key economic data. The nonfarm payrolls (NFP) report — a cornerstone for assessing U.S. labor market health — will not be released on schedule due …

U.S. stock index futures steadied on Thursday near record highs, with investors shrugging off the start of a federal government shutdown and focusing instead on the likelihood of further Federal Reserve rate cuts this year. At 05:45 ET (09:45 GMT), Dow Jones Futures were little changed, while S&P 500 Futures …

Gold prices hovered close to all-time highs in Asian trading on Thursday, as investors sought safety amid an ongoing U.S. government shutdown and rising confidence that the Federal Reserve will deliver further interest rate cuts. Spot gold was steady at $3,864.63 an ounce by 00:45 ET (04:45 GMT), after touching …

Oil prices steadied in Asian trade on Thursday, recovering slightly after sliding to near four-month lows in the previous session as rising U.S. crude inventories and speculation of another OPEC+ supply hike weighed heavily on sentiment. Market PerformanceAs of 21:52 ET (01:52 GMT), Brent crude futures (December delivery) rose 0.5% …

As October 2025 unfolds, the global steel market faces renewed tension as both the European Union and the United States double down on protective measures, each pursuing distinct strategies with far-reaching consequences.The European Union has announced a sharp reduction in steel import quotas—nearly 50%—while imposing tariffs of up to 50% …

Global financial markets are reacting sharply to the ongoing US federal government shutdown, which has reintroduced a significant level of uncertainty. The immediate consequence has been further weakness in the US Dollar (USD), which receded to new multi-day lows as investors assessed the implications of the political impasse.The US Dollar …