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DAILY ECONOMIC NEWS

Welcome to FPG’s Daily Economic News section, where we provide you with the latest updates and insights on the global economy. From the stock markets to trade policies, from inflation rates to interest rates, we cover it all.

Tesla Shares Climb on 2025 Budget EV Plans

Tesla Shares Climb on 2025 Budget EV Plans

Tesla Shares Climb on 2025 Budget EV Plans Tesla Inc. shares surged over 5% on Wednesday as investors looked past weaker-than-expected first-quarter earnings and focused instead on the company’s reaffirmed commitment to launching a more affordable electric

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Trade War Tensions A New 1930s Smoot–Hawley Era

Trade War Tensions: A New 1930s Smoot–Hawley Era?

Key Financial Market Developments: April 19–25, 2025 The final full week of April 2025 was a whirlwind for global financial markets, characterized by pronounced volatility fueled by escalating trade tensions, major policy shifts, and persistent economic uncertainty.

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Trump Softens Stance, Markets Rebound Strongly.

Trump Softens Stance, Markets Rebound Strongly.

Trump Softens Stance, Markets Rebound Strongly. U.S. equity futures surged on Wednesday, led by a 2% gain in S&P 500 contracts, as global markets reacted positively to President Donald Trump’s latest comments signaling a de-escalation in both

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Sterling Tests Key Resistance at $1.3430

Sterling Tests Key Resistance at $1.3430

Sterling Tests Key Resistance at $1.3430 The British pound extended its rally on Tuesday, with the GBP/USD pair rising above $1.34 and marking an eleventh consecutive day of gains — its longest winning streak in years. Since

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US Tariffs Ignite Global Trade Turmoil

US Tariffs Ignite Global Trade Turmoil

The United States has taken a bold step by implementing near-universal tariffs on many of its major trading partners starting April 2, 2025. This aggressive trade stance has triggered historic declines in major equity indices and spikes

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Bitcoin Rises Amid Fed Uncertainty

Bitcoin Rises Amid Fed Uncertainty

Bitcoin Rises Amid Fed Uncertainty Bitcoin rallied 3% on Monday, climbing above $87,500 as markets responded to growing tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The political standoff is boosting investor expectations

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Sterling Rally Eyes $1.3430 Resistance

Sterling Rally Eyes $1.3430 Resistance

Sterling Rally Eyes $1.3430 Resistance The British pound has surged 4.5% against the U.S. dollar over the past nine trading sessions, with GBP/USD reaching as high as $1.3285 on Friday — its highest level in seven months.

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