Market Update

The U.S. economy expanded at a 3% annualized rate in the second quarter of 2025, according to the Bureau of Economic Analysis’ (BEA) first estimate, released on Wednesday. This marks a significant rebound from the 0.5% contraction recorded in the first quarter and comes well above market expectations, which had …

According to the latest data from Automatic Data Processing (ADP), private sector employment in the U.S. rose by 104,000 jobs in July, a notable rebound from the previous month’s 23,000 decrease (revised from -33,000). This result surpassed market expectations, which had forecast a rise of 78,000. Key Highlights from the …

The eurozone economy grew slightly faster than expected in the second quarter, but the overall performance remains weak, and the region faces continued challenges from escalating U.S. tariffs. Q2 Growth Beats Expectations but Remains Modest The eurozone economy expanded by 0.1% in the second quarter, surpassing expectations for no growth …

Gold prices remained largely stable on Wednesday as investors weighed ongoing U.S. trade uncertainty and awaited the Federal Reserve’s policy decision later in the day. Spot Gold edged down by 0.1% to $3,323.66 an ounce. Gold Futures also ticked 0.1% lower, trading at $3,378.62 per ounce by 02:18 ET (06:18 …

Oil prices remained steady in Asian trade on Wednesday, after sharp gains earlier this week, as market attention shifted toward a potential build in U.S. crude inventories and an upcoming interest rate decision by the Federal Reserve. Crude prices surged earlier this week, supported by U.S. threats to sanction Russian …

As the Bank of Canada prepares to announce its interest rate decision on Wednesday, July 30, 2025, expectations are mounting that the central bank will keep its benchmark rate unchanged at 2.75% for the third consecutive meeting. Persistent inflation, a surprisingly resilient labor market, and looming trade uncertainties with the …

Crude oil prices soared on Tuesday, driven by heightened geopolitical tensions as the U.S. issued a bold ultimatum to Russia. The U.S. President announced a ten-day deadline for Russia to reach a deal with Ukraine, threatening severe economic sanctions, including steep tariffs on Russian crude oil and secondary penalties on …

The British pound faced modest losses on Tuesday, caught in the crosshairs of a resurgent US dollar and a broader shift in investor sentiment. Despite hopes for a boost from a newly announced US-EU trade agreement, the currency struggled as markets turned cautious, favoring safe-haven assets over riskier ones like …

Global trade negotiations are heating up as the United States and China race against a looming August 12 deadline to resolve tariff disputes, with the U.S. signaling flexibility but maintaining pressure for favorable deals. Following the latest round of talks, optimism persists that progress is being made, though concrete agreements …

The US dollar charged to new multi-week peaks on Tuesday, fueled by growing uncertainties in global trade and eager anticipation for the Federal Reserve’s upcoming interest rate decision. Investors are also eyeing the critical Nonfarm Payrolls report later this week, which could further shape market dynamics. As the dollar strengthens, …