What are the main events for today?
EUROPEAN SESSION In the European session, the main highlight was the UK CPI report. The data came out…
Collapsing oil demand from China will keep VLCC rates in check – TradeWinds News
Collapsing oil demand from China will keep VLCC rates in check TradeWinds NewsChina tapped massive crude reserves in May…
UK inflation unexpectedly holds steady at 2.8% in May
British inflation unexpectedly held at 2.8% for May, unchanged from the 13-month low reached in April, official figures…
China pushes yuan internationalization, strengthens Shanghai as a financial center
China has announced new steps to speed up Shanghai’s growth as a global financial hub and to expand…
Wealth of Elon Musk rises $624 billion in 6 days
The net worth of Elon Musk, the world’s richest man, has increased by $624 billion in six days,…
Deadline looming to boost your super by up to $167k
Aussies have just days to make use of a tax break that could add more than $167k to…
As oil and jet fuel prices fall, when will we get cheaper airfares?
“Last night, the Singapore jet fuel price was down to US$115 [$197] per barrel. It wasn’t that long…
US Fed set to hold rates steady at Warsh’s first meeting
The US Federal Reserve is expected to hold interest rates steady today at Kevin Warsh’s first meeting in…
G7 leaders pledge to address global debt vulnerabilities
G7 leaders have pledged to step up efforts to address high debt burdens among developing countries, including middle-income…
UK exporters still adjusting to life outside the EU
When Brexit abruptly ended British cheesemaker Michael Harte’s ambitious European export plans, four years passed before his young…
UK borrowing costs fall at fastest pace in Europe as inflation rate unchanged – latest updates
Britain’s borrowing costs fell at the fastest pace in Europe on Wednesday after inflation unexpectedly held steady at…
Euro area inflation accelerates in May as services inflation remains stubborn
CPI +3.2% vs +3.2% y/y prelimPrior +3.0%Core CPI +2.6% vs +2.5% y/y prelimPrior +2.2% Euro area headline annual…