Going down by the day – Oil falls big at the weekend on hopes for a US-Iran ceasefire agreement
SOUTH-EAST ASIA (Reuters): Oil futures fell more than 2% on Friday night, closing out their steepest weekly decline…
Labor is quietly confident the battery boom will help prevent power price shocks
It was remarkable timing and powerful symbolism. Two giant chimneys towering over the site of the old Liddell…
China joins global sell-off of US Treasuries in March as Iran war prompts panic
Mainland Chinese investors shed their holdings of US Treasury bills in March, joining many overseas institutions and central…
Markets to enter prolonged “drag phase,” not deep correction: Vikas Khemani
Global macro uncertainty, persistent geopolitical tensions, and sticky energy prices continue to dominate investor sentiment, even as Indian…
Iran war drags European economy down, pushes prices up
By Jonathan Cable and Mark John LONDON, May 21 (Reuters) – The energy shock from the Iran war…
EU cuts growth forecasts as Middle East war drags on – POLITICO
The severity of the energy shock will depend on when the Strait of Hormuz — which channels 20…
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…
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…
ECB’s Kocher sees rate move if inflation outlook does not improve
ZURICH, May 11 (Reuters) – The European Central Bank will need to adjust interest rates soon if the…
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…
Canada holds key rate steady, says will act if war inflation persists
Governor of the Bank of Canada Tiff Macklem (Dave Chan) · Dave Chan/AFP/AFP Canada’s central bank held its…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…