Australian Dollar rises on Iran deal optimism while weak US GDP drags down USD
The Australian dollar gained approximately 0.25% on Thursday after data indicated that U.S. economic growth was slower than anticipated, coupled with news of a potential agreement between Iran and the United States. At that moment, AUD/USD was trading at 0.7158, bouncing back from a dip to 0.7097. AUD/USD rises as risk sentiment improves following Axios […]
NATO partners decide to aim for 5% GDP defense spending by 2035.
NATO’s Defense Spending Shift: A New Era It seems that, based on traditional metrics, NATO is undergoing a significant transformation. After facing pressure from President Donald Trump and increasing concerns about Russia’s actions in Ukraine, NATO allies are now dedicating more resources to defense than at any time since the Cold War. Leaders within the […]
Japanese Yen stays weak even with better-than-anticipated GDP figures.
USD/JPY Continues Upward Trend Amid Economic Data The USD/JPY pair has climbed for seven consecutive days, hovering around 159.00 during Asian trading on Tuesday. This increase comes despite the Japanese Yen remaining relatively weak, even as Japan’s preliminary economic growth figures surpassed expectations. Japan’s gross domestic product (GDP) growth for the first quarter of 2026 […]
US inflation data boosts US Dollar as markets prepare for Retail Sales and UK GDP
Here’s what you need to know on Thursday, May 14th. The US Dollar Index (DXY) climbed toward the 98.50 mark, hitting its highest point since late April. This surge followed better-than-anticipated data from the US Producer Price Index (PPI). In April, the headline PPI increased by 1.4% month-over-month, surpassing the expected 0.5%. The core PPI […]
Top economic advisor predicts remarkable 6% annual GDP growth, almost three times the usual forecasts.
Trump’s Economic Advisers Predict Strong Growth Economic advisers to President Trump suggested on Sunday that growth this year might surpass an impressive 6%, which is significantly higher than what most mainstream estimates predict. Kevin Hassett, who leads the White House Economic Council, mentioned that a significant boost in capital expenditures is expected in March, particularly […]
National debt in the US exceeds GDP for the first time since World War II era
U.S. National Debt Exceeds GDP for First Time Since WWII The U.S. national debt has now surpassed the size of the economy, a significant milestone not seen since World War II. According to data released by the U.S. Bureau of Economic Analysis, as of March 31, the total amount of government debt held by the […]
GDP increased by 2% in the first quarter despite the conflict in Iran.
In early 2026, the U.S. economy saw a moderate acceleration, expanding at a 2% rate between January and March, rebounding from a 43-day federal government shutdown that occurred the previous fall. However, the ongoing war in Iran casts a shadow over future prospects. The Commerce Department announced on Thursday that the nation’s gross domestic product […]
GDP increased by just 0.7% in Q4 following a significant reduction from the initial forecast.
Economic Growth Report: A Surprise Decline On Friday, the U.S. Commerce Department released data indicating a surprising economic contraction of 0.7% annually from October to December. This decline was significantly impacted by a 43-day government shutdown last fall, which led to a revision of previous forecasts. The gross domestic product (GDP) growth rate dropped sharply, […]
Weekly outlook: US Dollar remains stable as PCE inflation increases and GDP shows weakness
On Friday, the US dollar (USD) remained stable following the release of important economic data, while the US dollar index (DXY) noted a respectable weekly increase of nearly 1%. Core personal consumption expenditures (PCE) showed a year-on-year rise of 3% in December, which exceeded market predictions. This suggested inflationary pressures are climbing, providing a boost […]
Stock Market Update February 20, 2026: S&P 500 (SPY) Drops Following US GDP Data
live updates 4 hours ago live Markets seem unfazed by the disappointing U.S. GDP results and the Supreme Court’s decision to reverse President Trump’s tariffs. Currently, the S&P 500 has increased by 0.51%, translating to 35 points. The SPDR S&P 500 ETF (SPY) climbed 0.52%, or $3.60. The Dow Jones Industrial Average is up 0.23% […]