Russia's Oil Supply to US Fails to Bring Down Prices
Energy

Russia's Oil Supply to US Fails to Bring Down Prices

The US government's partial easing of sanctions on Russia and increased oil supply has failed to bring down soaring oil ...

Aoife Keane 👁 23 💬 0
Oil Prices Slip as Gulf Supply Fears Ease and IEA Cuts Demand Outlook
Energy

Oil Prices Slip as Gulf Supply Fears Ease and IEA Cuts Demand Outlook

Brent crude fell 1.5% to $104.40 a barrel as investors unwound part of the geopolitical risk premium tied to Houthi atta...

Aoife Keane 👁 26 💬 0
US Stocks Plummet as Oil Prices Surge, Fears of Inflation Rise
Markets

US Stocks Plummet as Oil Prices Surge, Fears of Inflation Rise

US stocks fell sharply on Thursday, with the S&P 500 and Dow Jones Industrial Average both experiencing significant decl...

Yael Ben-David 👁 22 💬 0
G7 to Release 100 Million Barrels of Oil to Stabilize Prices, Trump Drops Export Ban Threat
Economy

G7 to Release 100 Million Barrels of Oil to Stabilize Prices, Trump Drops Export Ban Threat

The Group of Seven wealthy democracies announced a plan to release 100 million barrels of oil and fuel products to stabi...

Niamh O'Sullivan 👁 21 💬 0
Kazakhstan's Stock Market Faces Pressure from Rising Oil Prices and Bond Yields
Companies

Kazakhstan's Stock Market Faces Pressure from Rising Oil Prices and Bond Yields

The Kazakhstan stock market has been affected by rising oil prices and bond yields, leading to a decline in the value of...

Declan Byrne 👁 19 💬 0
Wall Street Reprices Fed Path as 10-Year Treasury Yield Hits 5.08%
Markets

Wall Street Reprices Fed Path as 10-Year Treasury Yield Hits 5.08%

Strong manufacturing data, oil prices near $100 and rising rate expectations sent U.S. Treasury yields to their highest ...

Yael Ben-David 👁 84 💬 0
Kingboard Laminates Jumps on Parent Buying as Hong Kong Stocks Slip
Markets

Kingboard Laminates Jumps on Parent Buying as Hong Kong Stocks Slip

Hong Kong's market snapped a three-day winning streak, but Kingboard Laminates rose more than 6% on parent buying and Ca...

Yael Ben-David 👁 40 💬 0
Federal Reserve Raises Key Rate to 3.75%-4% as Oil-Driven Inflation Persists
Economy

Federal Reserve Raises Key Rate to 3.75%-4% as Oil-Driven Inflation Persists

The central bank's first hike in three years moves the target range to 3.75%-4.0%. Chair Kevin Warsh says inflation is s...

Niamh O'Sullivan 👁 43 💬 0
Oil above $100 and Dollar Strength Deepen Bearish Bets on Asian Currencies
Markets

Oil above $100 and Dollar Strength Deepen Bearish Bets on Asian Currencies

A new Reuters poll shows investors added short positions in most Asian emerging currencies as oil prices and U.S. yields...

Yael Ben-David 👁 35 💬 0
Attack Reports in Hormuz and a Saudi Pipeline Shutdown Raise Global Oil Supply Fears
Energy

Attack Reports in Hormuz and a Saudi Pipeline Shutdown Raise Global Oil Supply Fears

New attacks near the Strait of Hormuz and the temporary closure of Saudi Arabia's East-West pipeline threaten a route ca...

Aoife Keane 👁 42 💬 0
ECB Hikes as Oil Passes $100 and Markets Price in the Fed
Markets

ECB Hikes as Oil Passes $100 and Markets Price in the Fed

ECB raised rates by 25bp, Brent crude jumped above $100, and markets now put the odds of a Fed hike at over 85% as bond ...

Yael Ben-David 👁 44 💬 0
Central Banks Tighten as Oil Tops $100 and Rate Expectations Rise
Markets

Central Banks Tighten as Oil Tops $100 and Rate Expectations Rise

The ECB has already hiked, the Fed is expected to follow, and a triple supply shock pushed Brent and WTI up 10%. Here is...

Yael Ben-David 👁 41 💬 0
Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island
Energy

Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island

US Central Command confirms strikes on two IRGC rocket launchers on Larak Island after forces were seen preparing rocket...

Aoife Keane 👁 38 💬 0
DAX Pulls Back From Record as Oil Spike and Hawkish Fed Signal Shake Europe
Markets

DAX Pulls Back From Record as Oil Spike and Hawkish Fed Signal Shake Europe

European markets edged lower on Monday after Friday's record DAX close, with oil-price gains from US-Iran escalation and...

Yael Ben-David 👁 20 💬 0
US-Iran Standoff Pushes Brent Past $93, Gold Above $4,500 and Squeezes Rate-Sensitive Stocks
Markets

US-Iran Standoff Pushes Brent Past $93, Gold Above $4,500 and Squeezes Rate-Sensitive Stocks

The week's geopolitical escalation drove energy and gold sharply higher, but a surprise US Treasury long-end buyback ext...

Yael Ben-David 👁 108 💬 0
Dax Consolidates After Record High as Rate Hopes and Iran Risk Set the Tone
Markets

Dax Consolidates After Record High as Rate Hopes and Iran Risk Set the Tone

German stocks held firm after a record-setting week, with defence names leading. Attention now turns to US inflation dat...

Yael Ben-David 👁 137 💬 0
UK Hiring Stalls as Oil and Bond Yields Threaten Inflation Fight
Economy

UK Hiring Stalls as Oil and Bond Yields Threaten Inflation Fight

UK payrolled employment is falling and vacancies are at the lowest outside the pandemic since 2014, while Brent crude ab...

Niamh O'Sullivan 👁 70 💬 0
Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy
Energy

Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy

Attacks on ADNOC and bulk-carrier vessels in the Strait of Hormuz have driven Brent crude up nearly 6% this week as Wash...

Aoife Keane 👁 68 💬 0
Trump Says He Will Declare Strait of Hormuz U.S. Territory; Iran Vows to Keep Blockade
Energy

Trump Says He Will Declare Strait of Hormuz U.S. Territory; Iran Vows to Keep Blockade

The president's remark at a New York rally drew a sharp Iranian rebuke as the strategic oil chokepoint stays shut and U....

Aoife Keane 👁 70 💬 0
Trump Says U.S. Will Claim Strait of Hormuz, Deepening Iran Standoff and Oil Supply Risk
Energy

Trump Says U.S. Will Claim Strait of Hormuz, Deepening Iran Standoff and Oil Supply Risk

Trump's pledge to declare the Strait of Hormuz U.S. territory has escalated an unresolved Iran conflict and put the key ...

Aoife Keane 👁 68 💬 0
Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound
Markets

Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound

WTI is up more than 5% this week after stalled U.S.-Iran talks restored the Strait of Hormuz risk premium, but a huge U....

Yael Ben-David 👁 83 💬 0
Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War
Energy

Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War

Vice President J.D. Vance says the Trump administration's first goal is keeping oil and gas prices low across America, w...

Aoife Keane 👁 64 💬 0
Oil Prices Rise Over 1% as US Threatens Open-Ended Iran Naval Blockade
Energy

Oil Prices Rise Over 1% as US Threatens Open-Ended Iran Naval Blockade

Crude extends weekly gains above 5% after Washington signals unprecedented economic isolation measures and revives suppl...

Aoife Keane 👁 59 💬 0
US Retail Sales Drop and Consumer Confidence Slide; Hong Kong GDP Forecast Lifted to 4.5% Top End
Markets

US Retail Sales Drop and Consumer Confidence Slide; Hong Kong GDP Forecast Lifted to 4.5% Top End

July US retail sales fell 0.6% and the Michigan consumer sentiment index came in at 51, missing forecasts, while Hong Ko...

Yael Ben-David 👁 67 💬 0
Weak U.S. Retail Sales Drag Toronto and New York Markets Lower
Markets

Weak U.S. Retail Sales Drag Toronto and New York Markets Lower

A surprise drop in U.S. retail sales and a looming 50% tariff on Canadian goods pulled North American equities lower, wh...

Yael Ben-David 👁 67 💬 0
Brazil's Ibovespa Falls for Ninth Session as Foreign Outflows Hit R$13.5bn in August
Markets

Brazil's Ibovespa Falls for Ninth Session as Foreign Outflows Hit R$13.5bn in August

Ibovespa fell for a ninth straight session to 166,934 points as foreign outflows hit R$13.5 billion in August; Petrobras...

Yael Ben-David 👁 83 💬 0
S&P 500 hits record, Nasdaq gains as soft producer prices cool Fed hike bets
Markets

S&P 500 hits record, Nasdaq gains as soft producer prices cool Fed hike bets

Cooler producer inflation followed the CPI slowdown, lifting US stocks to a record even as AI earnings split and oil pri...

Yael Ben-David 👁 74 💬 0
Wall Street futures edge higher as oil drops before July PPI and Fed clues
Markets

Wall Street futures edge higher as oil drops before July PPI and Fed clues

U.S. stock futures nudged up Thursday while Brent crude fell 1.9%. Investors await July producer prices and Fed speakers...

Yael Ben-David 👁 52 💬 0
Russia's GDP Rebounds 1.3% in Q2 as Higher Oil and Gas Prices Offset Sanctions
Economy

Russia's GDP Rebounds 1.3% in Q2 as Higher Oil and Gas Prices Offset Sanctions

Rosstat reports 1.3% year-on-year growth after a 0.2% Q1 contraction, with consumption and a hydrocarbon price windfall ...

Niamh O'Sullivan 👁 84 💬 0
US Inflation Eases to 3.4% in July as Oil Prices Retreat
Economy

US Inflation Eases to 3.4% in July as Oil Prices Retreat

Lower oil prices helped US consumer inflation ease to 3.4% in July, matching forecasts, but AI-driven computing demand i...

Niamh O'Sullivan 👁 60 💬 0