Diesel Futures Top $5 a Gallon for First Time Since 2022 on Supply Squeeze
Energy

Diesel Futures Top $5 a Gallon for First Time Since 2022 on Supply Squeeze

Tight global diesel supplies, Middle East disruptions and Russia's export ban have pushed U.S. diesel futures above $5 a...

Aoife Keane 👁 11 💬 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 👁 124 💬 0
Kazakhstan's KASE Index Hits Record Above 8,100 as Oil Climbs and US Inflation Cools
Markets

Kazakhstan's KASE Index Hits Record Above 8,100 as Oil Climbs and US Inflation Cools

Oil, slower US inflation and a Kaspi.kz dividend catalyst pushed Kazakhstan's benchmark to a fresh high. The week's winn...

Yael Ben-David 👁 60 💬 0
US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move
Economy

US Inflation Eases to 3.4% as Fuel Prices Cloud the Fed's Next Move

July CPI cooled to 3.4% and core inflation slipped to 2.5%, but rising gasoline prices and sticky services costs leave t...

Niamh O'Sullivan 👁 53 💬 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 👁 45 💬 0
US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance
Economy

US Inflation Slows to 3.4% in July, but September Fed Decision Hangs in the Balance

Cooling headline and core inflation matched forecasts, yet a split Fed, weak July payrolls and a largely closed Strait o...

Niamh O'Sullivan 👁 44 💬 0
Markets Hold Breath as US CPI Test Looms for New Fed Chair Kevin Warsh
Economy

Markets Hold Breath as US CPI Test Looms for New Fed Chair Kevin Warsh

Investors brace for US inflation data that will determine whether the Federal Reserve raises rates in September. AI stoc...

Niamh O'Sullivan 👁 61 💬 0
Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI
Markets

Wall Street Edges Higher on Renewed Hormuz Deal Hopes, Eyeing CPI

US stocks posted modest gains Tuesday as diplomatic signals pointed to a possible breakthrough on the Strait of Hormuz, ...

Yael Ben-David 👁 50 💬 0
CAC 40 Flat as Markets Await US CPI, Iran Rhetoric Hardens
Markets

CAC 40 Flat as Markets Await US CPI, Iran Rhetoric Hardens

European stocks are expected to open near flat as investors digest a weak US jobs report that cut September rate hike od...

Yael Ben-David 👁 35 💬 0
Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation
Economy

Fed Holds Rates but Internal Divide Grows as Energy Crisis Fuels Inflation

The US Federal Reserve kept its benchmark rate at 3.5-3.75% for the fifth time this year, but three policymakers pushed ...

Niamh O'Sullivan 👁 46 💬 0