Economic Report

President Donald Trump signaled fresh uncertainty over the future leadership of the Federal Reserve after expressing reluctance to nominate Kevin Hassett as the next central bank chair, a move that could significantly reshape the succession race.Speaking Friday, Trump suggested that keeping Hassett in his current role as head of the …

U.S. equity futures traded tentatively ahead of the opening bell, reflecting investor unease as fresh bank earnings failed to provide clear reassurance and a heavier slate of reports looms. While futures pointed modestly higher, the tone remained fragile after early-week selloffs in major benchmarks, with only small-cap stocks showing convincing …

The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as stronger-than-expected American economic data reduced expectations of an early interest rate cut by the Federal Reserve. By 04:05 ET (09:05 GMT), the Dollar Index, which measures the greenback against a basket of six …

Bitcoin edged lower in Asian trading on Friday, trimming part of this week’s rebound after U.S. lawmakers postponed debate on a closely watched bill aimed at establishing a regulatory framework for digital assets. The world’s largest cryptocurrency fell 0.5% to $95,808.5 by 01:06 ET (06:06 GMT). Bitcoin had climbed as …

Oil prices inched higher on Friday, supported by lingering supply concerns, even as the immediate threat of a U.S. military strike against Iran appeared to recede. Brent crude rose 50 cents, or 0.8%, to $64.26 a barrel by 10:00 GMT, putting it on track for a fourth consecutive weekly gain. …

Gold prices were largely steady on Friday, hovering just below the record highs reached earlier in the week, as stronger-than-expected U.S. labour data reduced expectations for near-term Federal Reserve rate cuts, while easing geopolitical tensions around Iran curbed safe-haven demand. Spot gold slipped 0.1% to $4,608.55 an ounce by 02:11 …

European equities closed the week on a softer footing on Friday, with investors remaining cautious amid mounting geopolitical uncertainty, particularly surrounding the future of Greenland and the stability of transatlantic alliances. By mid-morning in Europe, Germany’s DAX dipped 0.1%, France’s CAC 40 fell 0.2%, and the U.K.’s FTSE 100 eased …

In an extraordinary and rare move, top central bankers from around the world issued a joint statement expressing their support for U.S. Federal Reserve Chair Jerome Powell. The declaration comes as Powell faces both a criminal investigation and mounting political pressure from President Donald Trump, who has pushed for his …

Gold dipped slightly to around $4,615 in the latest session, but the move is best seen as a brief pause rather than a retreat. After months of steady gains, investors are taking profits while maintaining confidence in the precious metal’s long-term appeal. Even amid daily fluctuations, gold continues to hover …

Oil prices ended Thursday with a steep decline, snapping a multi-day rally as easing geopolitical tensions and signs of rising supply shifted market sentiment. Crude had climbed to recent highs earlier in the week, fueled by fears of potential disruptions, but those concerns faded quickly as the outlook softened.Political Signals …