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Economy

10396 posts
EEconomy
US mortgage rates climb for fifth-straight week, pushed up by Iran war worries
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US mortgage rates climb for fifth-straight week, pushed up by Iran war worries

  • April 2, 2026
Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than…
EEconomy
Gulf states seek UN mandate for force to protect Hormuz
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Gulf states seek UN mandate for force to protect Hormuz

  • April 2, 2026
Trump’s address on Iran war ‘clear contradiction’ amid ongoing conflict Threats from U.S. President Trump against Iran was…
EEconomy
Deloitte Canada cuts GDP forecast by 20% amid 'wobbly' economy
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Deloitte Canada cuts GDP forecast by 20%, sees oil spike easing

  • April 2, 2026
Deloitte Canada has shaved 20 per cent off its growth forecast for Canada’s economy in 2026, citing an…
EEconomy
Diesel prices could set new record in Canada
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Diesel prices could set new record in Canada

  • April 2, 2026
CP24’s Courtney Heels has the latest on the pain at the pumps, despite an expected drop in oil…
EEconomy
Canada posts $5.7 billion merchandise trade deficit
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Canada posts $5.7 billion merchandise trade deficit

  • April 2, 2026
Canada posted a merchandise trade deficit of $5.7 billion, its largest deficit since August last year as imports…
EEconomy
A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty
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A third inflationary shock in less than a decade is coming: who will pay the price this time around? | Aditya Chakrabortty

  • April 2, 2026
Perhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulitzer and…
EEconomy
Deloitte Canada cuts GDP forecast by 20% amid 'wobbly' economy
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Deloitte Canada cuts GDP forecast by 20% amid ‘wobbly’ economy

  • April 2, 2026
Deloitte Canada has shaved 20 per cent off its growth forecast for Canada’s economy in 2026, citing an…
EEconomy
How have interest rate expectations changed after this week's events?
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How have interest rate expectations changed after this week’s events?

  • April 2, 2026
Rate hikes by year-end ECB: 71 bps (62% probability of rate hike at the next meeting)RBA: 62 bps…
EEconomy
Strait of Hormuz disruptions: Growth and financial implications
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Strait of Hormuz disruptions: Growth and financial implications

  • April 2, 2026
The Strait of Hormuz remains practically closed. Under normal conditions, it is one of the world’s most vital…
EEconomy
ECB’s Rehn warns inflation may slow too much, flags risk of equity-market correction
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ECB’s Simkus: Too early to say what we’ll need to do in April

  • April 2, 2026
Too early to say what we’ll need to do in AprilCaution needed on interest rates as situation is…
EEconomy
From Nigeria to Libya: Africa’s top oil producers face uneven fuel price pressures amid Iran crisis
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From Nigeria to Libya: Africa’s top oil producers face uneven fuel price pressures amid Iran crisis

  • April 2, 2026
Tanker traffic through the Strait of Hormuz which carries about a fifth of the world’s oil, has been…
EEconomy
‘It all depends on the crop’: Gulf crisis hits South Asia farmers | Agriculture News
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‘It all depends on the crop’: Gulf crisis hits South Asia farmers | Agriculture News

  • April 2, 2026
Gurdaspur, Punjab, India – Ramesh Kumar, 42, is anxiously doing the calculations for his crops this year. Standing…
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