US crude oil inventories fall sharply, drop to lowest level in nearly 2 years — EIA
US ramps up refinery activity The US has responded partly by maintaining elevated refinery activity. EIA data showed…
Do not get 100% of your supply from one country, EU industry chief says
Published on 22/05/2026 – 18:31 GMT+2 EU Industry Commissioner Stéphane Séjourné called for EU businesses to diversify their…
AUDUSD retraces to support area. Bounces.
The AUDUSD broke below a key swing area floor between 0.7100 and 0.7113 during yesterday’s trade, extending to…
Bangkok Post – New Fed chief faces immediate pressure
Kevin Warsh With Kevin Warsh taking the helm at the US Federal Reserve this month, succeeding chairman Jerome…
Germany Consumer Confidence Rises Despite Middle East Conflict
Consumer confidence in Germany has improved a little on the back of a recovery in income expectations, but…
Consumer spending slows as households feel the squeeze
Comment: Early shifts in consumer spending patterns after the disruption in the Middle East have become clearer as…
UK bond yields set for biggest weekly drop since 2024; retail sales fall as drivers cut back on fuel – as it happened | Business
Closing post Time to wrap up… The UK borrowed more than expected in April as high inflation drove…
Why Oil’s Supply Crunch Could Arrive Late
The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the…
Australian consumers lose faith in economy
Aussie motorists are losing faith the economy, with the number of people considering a major purchase falling, according…
China’s top trade negotiator urges Apec to grow economic pie, divide it fairly
China’s chief trade negotiator, Li Chenggang, urged Asia-Pacific economies to reject a zero-sum mentality, grow the economic pie…
Do Australians really ‘work half the week’ just to pay their income tax? See for yourself
The next federal election in 2028 looks set to be a battle of the tax plans. Treasurer Jim…
German economy reaffirmed to grow by 0.3% in Q1 2026
Q1 GDP +0.3% vs +0.3% q/q prelimPrior +0.3% The estimate here is very much old news as the…