Japan's Core Inflation Accelerates to 1.8% in July, Raising BoJ Rate Bets
Economy

Japan's Core Inflation Accelerates to 1.8% in July, Raising BoJ Rate Bets

Japanese core CPI rose 1.8% year-on-year in July, a second straight acceleration, while government energy measures cloud...

Niamh O'Sullivan 👁 63 💬 0
German Inflation Hits 2.8% as Fuel Subsidy Ends and Energy Costs Jump
Economy

German Inflation Hits 2.8% as Fuel Subsidy Ends and Energy Costs Jump

Germany’s annual inflation hit 2.8% in July after the fuel tax rebate expired, with energy prices up 8.3% year on year a...

Niamh O'Sullivan 👁 45 💬 0
German Inflation Hits 2.8% as Fuel and Heating Oil Prices Jump
Economy

German Inflation Hits 2.8% as Fuel and Heating Oil Prices Jump

German inflation rose to 2.8% in July as fuel and heating oil prices surged after a temporary tax cut ended. Economists ...

Niamh O'Sullivan 👁 40 💬 0
EU Gas Reserves Plunge to 2009 Low as Ormuz Stranglehold and Russian Halt Bite
Energy

EU Gas Reserves Plunge to 2009 Low as Ormuz Stranglehold and Russian Halt Bite

Europe’s gas storage levels have slumped to just 57% — the lowest August level since 2009 — as the blockade of the Strai...

Aoife Keane 👁 29 💬 0
ECB: Middle East Energy Shock to Slow Eurozone Economy, Hit Poorest Hardest
Economy

ECB: Middle East Energy Shock to Slow Eurozone Economy, Hit Poorest Hardest

The European Central Bank warns higher energy prices from the Middle East conflict will dampen eurozone activity, with t...

Niamh O'Sullivan 👁 33 💬 0
European Stocks End Mixed After Record Intraday High; Energy Inflation Pressures
Markets

European Stocks End Mixed After Record Intraday High; Energy Inflation Pressures

Stoxx Europe 600 closed slightly lower despite hitting a record intraday high, as energy-driven eurozone inflation accel...

Yael Ben-David 👁 37 💬 0
European Gas Prices Slip Below $690 as Market Digests Geopolitical Premium
Energy

European Gas Prices Slip Below $690 as Market Digests Geopolitical Premium

TTF benchmark futures edged lower on Friday, trading around $688 per thousand cubic metres, after months of sharp swings...

Aoife Keane 👁 31 💬 0
French Inflation Edges Up to 2.1% in July as Energy and Services Costs Bite
Economy

French Inflation Edges Up to 2.1% in July as Energy and Services Costs Bite

French consumer prices rose 2.1% year-on-year in July, up from 1.8% in June, driven by higher energy and services costs....

Niamh O'Sullivan 👁 31 💬 0
BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists
Economy

BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists

The Bank of England holds its key rate steady but signals readiness to tighten if Middle East tensions keep energy price...

Niamh O'Sullivan 👁 38 💬 0
US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge
Economy

US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge

A new wave of US strikes against Iran, retaliation for an Iranian missile attack on a base in Jordan, has virtually shut...

Niamh O'Sullivan 👁 39 💬 0
Key Fed Inflation Gauge Expected to Cool in June; Rate‑Hike Bets Still Alive
Economy

Key Fed Inflation Gauge Expected to Cool in June; Rate‑Hike Bets Still Alive

Economists see the PCE index slowing to a 3.8% annual pace on lower fuel costs, but core inflation remains sticky and tr...

Niamh O'Sullivan 👁 53 💬 0
West Asia Conflict Could Double India’s Fertiliser Subsidy to Rs 3.42 Lakh Crore
Economy

West Asia Conflict Could Double India’s Fertiliser Subsidy to Rs 3.42 Lakh Crore

Rising global energy costs from the West Asia conflict are pushing India’s fertiliser import bill sharply higher, potent...

Niamh O'Sullivan 👁 35 💬 0
German Business Confidence Edges Higher Despite Iran War Strains, Ifo Shows
Economy

German Business Confidence Edges Higher Despite Iran War Strains, Ifo Shows

The Ifo index rose to 86.6 in July, a third straight monthly gain that surprised analysts, but economists warn the recov...

Niamh O'Sullivan 👁 38 💬 0
UK Inflation Cools to 2.6% on Easing Energy Costs, BoE Rate Stance in Focus
Economy

UK Inflation Cools to 2.6% on Easing Energy Costs, BoE Rate Stance in Focus

Britain's consumer price inflation fell more than expected to 2.6% in June, helped by cheaper energy after a Middle East...

Niamh O'Sullivan 👁 49 💬 0