Oil rises, bond yields weigh on stocks
The Middle East war has sent energy prices climbing (Shammi MEHRA) · Shammi MEHRA/AFP/AFP Stock markets diverged Monday…
Wall Street ends lower on mounting inflation worries
By Stephen Culp and Ragini Mathur NEW YORK, May 15 (Reuters) – U.S. stocks retreated from artificial-intelligence-fueled record…
Top ECB official warns oil shock may force interest rate hikes – POLITICO
Determined not to repeat the mistakes of 2022, Demarco said policymakers must stop higher energy costs from feeding…
Global Inflation Risks Are Turning Back Up
The global inflation narrative is becoming less comfortable again. After months of disinflation optimism, a new cluster of…
Global Oil Stockpiles Plunge as Iran War Chokes Supply
The West’s international energy watchdog has warned that oil stockpiles were being drained at a record rate last…
US PCE Nowcast – Expect the hottest reading since early 2023 – Oxford Economics
US PCE Nowcast – Expect the hottest reading since early 2023 Oxford EconomicsWholesale inflation jumps 6% in April on…
Uday Kotak warns consumers to ‘prepare for the worst’ amid US-Iran conflict
India may not have fully felt the impact of the ongoing US-Iran conflict yet, but tougher days could…
India inflation remains modest in April at 3.48% but energy risks grow
By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI, May 12 (Reuters) – India’s retail inflation rose marginally…
China CPI Jumps as Middle East Crisis Pushes Energy Costs Higher
China’s consumer inflation accelerated to 1.2% in April, topping analyst estimates, as the Middle East crisis drove a…
Bangkok Post – Inflation spikes as Mideast war pushes up energy prices
A price board at a PTT station on Nawamin Road in Bangkok shows diesel prices hitting an all-time…
Turkish central bank says April inflation driven by energy, food
In last week’s policy meeting, the Turkish central bank suggested that inflation in April is being driven mainly…
ECB June rate hike likely amid energy pressures
Investing.com — European Central Bank policymakers are likely to raise interest rates at their next meeting in June…