US oil production and consumption trends in 6 charts
A Marathon Petroleum Corporation oil refinery in Carson, California, on March 10, 2026. (David McNew/Getty Images) The military…
MoIT explains first-half trade deficit
Trần Thanh Hải, deputy director general of the Agency of…
Inflation hit 17-month high last month
FORECAST: Inflation is expected to ease slightly this month as international oil prices decline and the impact of…
Norway, a country of 5.5 million people that discovered oil off its coast in 1969, has built the world’s largest sovereign wealth fund — worth more than $2 trillion in 2026 and holding stakes in roughly 1.5 percent of all publicly listed shares on the planet — meaning every Norwegian citizen effectively owns nearly $400,000 of the fund on paper
A country of 5.5 million people owns, through a single state fund, close to one and a half…
US trade deficit surges amid artificial intelligence spending boom | Business and Economy News
Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. Published On 7…
Germany: Factory recovery prospects – Commerzbank
Commerzbank’s Dr. Ralph Solveen notes that German industrial output rose 0.9% in May versus April, leaving April–May production…
US Recession Risk Dashboard | Econbrowser
From Francesco Furno and Domenico Giannone, continuously updated risk assessment, at https://recessionrisk.com/ (discussed previously in this post). The…
Australian Dollar declines as ANZ–Indeed Job Ads drop in June
AUD/USD inches lower after two days of gains, trading around 0.6950 during the Asian hours on Tuesday. The…
Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most…
Recession off the cards but Australia faces dreary outlook, economists say | Australian economy
Fears of a recession have fallen away, with economists saying that Australia is set to safely navigate the…
Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
China’s demand for crude oil is expected to peak in the coming years, a scenario set to further…
Canadian Dollar: Consolidation with stretched USD positioning – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is effectively flat versus the US…