Energy prices
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US Energy Deputy Secretary Danly: US accelerating LNG export approvals to lower global energy prices
US Department of Energy Deputy Secretary James Danly told Bloomberg that the US is accelerating LNG export approvals and production to lower global energy prices. He argues that expanding American ene
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Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
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The escalating conflict between Russia and Ukraine is inflicting new shocks on global fuel and food prices.
MarketWatch reports that the conflict between Russia and Ukraine has entered a new and intensified phase. Russia recently launched deadly attacks on Kyiv, while Ukraine has responded with more precise
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Bank of England Governor Andrew Bailey on Tuesday denied there was a "secret plan to raise interest rates," yet the pound on Wednesday still approached a two-week high of $1.3559.
Bank of England Governor Andrew Bailey explicitly denied on Tuesday at a parliamentary hearing that the central bank has a predetermined path for interest rate hikes, stating he wanted to dispel the m
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Iran's Foreign Ministry spokesperson accused the United States of disrupting the Strait of Hormuz, stating that the U.S. provokes conflict while other countries bear the economic costs.
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz wa
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Barclays: If Russia-Ukraine ceasefire talks make substantial progress, European energy prices and interest rates are expected to fall, and the German market may see a valuation re-rating.
Barclays reports that the Russia-Ukraine situation is a potential upside catalyst for European markets. Should credible progress be made in ceasefire negotiations, energy prices, inflationary pressure
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US Retail Diesel Prices Hit Four-Year High, Topping Iran War Peak and Approaching Record as Global Supply Strains Persist
US Retail Diesel Prices Hit Four-Year High, Topping Iran War Peak and Approaching Record as Global Supply Strains Persist
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Europe’s largest airline Ryanair warns of jet-fuel prices at $140 this winter as it cuts capacity
Europe’s largest airline Ryanair warns of jet-fuel prices at $140 this winter as it cuts capacity
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Singapore's July inflation hits near two-year high at 2.2%, but undershoots economists' 2.3% forecast
Consumer prices rose 2.2% year-on-year last month, up from 1.9% in June, driven by higher energy prices due to the Iran war. Core inflation, excluding private transport and accommodation, rose 2%, mis
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Japan's headline inflation hit 1.9% in July, highest this year, driven by energy prices due to the Iran war
Core inflation, which excludes fresh food but includes energy, rose 1.8%, in line with expectations. Wholesale inflation also surged to 7.2% in July, with electricity charges being the largest contrib
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Thailand's Q2 GDP growth slows to 1.9% from 2.8% in previous quarter, weighed by higher energy prices and Middle East conflict disrupting travel.
Thailand's Q2 GDP growth slows to 1.9% from 2.8% in previous quarter, weighed by higher energy prices and Middle East conflict disrupting travel.
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California diesel prices surge to $6.92/gallon since Iran war began, up from $5.10, impacting U.S. supply chains
California, home to the nation's busiest containership port complex, is experiencing a significant jump in diesel prices, which have risen to $6.92 per gallon from $5.10 before the Iran war started. T
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Europe's key rivers are drying up due to heatwaves, curbing power generation and pushing up energy prices
Europe's major rivers are experiencing significant drying after a series of heatwaves across the region. This situation is also restricting power generation from France to Hungary, leading to increase
-
BOE Governor Bailey Highlights 'Huge Uncertainty' and Labor Market Softness After Holding Rates
Bank of England Governor Andrew Bailey stated there is "huge uncertainty" globally, including around energy prices, and noted a "softness" in the labor market. His comments follow the Monetary Policy
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US May CPI could hit a new three-year high, consumer confidence and purchasing power continue to erode
Svmuu News: Economists predict that a key inflation indicator due out Wednesday will show U.S. consumer prices rose at the fastest pace in over three years in May. Mark Zandi, chief economist at Moody
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US Energy Deputy Secretary Danly: US accelerating LNG export approvals to lower global energy prices
US Department of Energy Deputy Secretary James Danly told Bloomberg that the US is accelerating LNG export approvals and production to lower global energy prices. He argues that expanding American ene
-
Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
-
The escalating conflict between Russia and Ukraine is inflicting new shocks on global fuel and food prices.
MarketWatch reports that the conflict between Russia and Ukraine has entered a new and intensified phase. Russia recently launched deadly attacks on Kyiv, while Ukraine has responded with more precise
-
Bank of England Governor Andrew Bailey on Tuesday denied there was a "secret plan to raise interest rates," yet the pound on Wednesday still approached a two-week high of $1.3559.
Bank of England Governor Andrew Bailey explicitly denied on Tuesday at a parliamentary hearing that the central bank has a predetermined path for interest rate hikes, stating he wanted to dispel the m
-
Iran's Foreign Ministry spokesperson accused the United States of disrupting the Strait of Hormuz, stating that the U.S. provokes conflict while other countries bear the economic costs.
Iranian Foreign Ministry spokesman Esmaeil Baqaei accused the United States of instigating conflict and expecting other countries to bear its economic costs. Baqaei stated that the Strait of Hormuz wa
-
Barclays: If Russia-Ukraine ceasefire talks make substantial progress, European energy prices and interest rates are expected to fall, and the German market may see a valuation re-rating.
Barclays reports that the Russia-Ukraine situation is a potential upside catalyst for European markets. Should credible progress be made in ceasefire negotiations, energy prices, inflationary pressure
-
US Retail Diesel Prices Hit Four-Year High, Topping Iran War Peak and Approaching Record as Global Supply Strains Persist
US Retail Diesel Prices Hit Four-Year High, Topping Iran War Peak and Approaching Record as Global Supply Strains Persist
-
Europe’s largest airline Ryanair warns of jet-fuel prices at $140 this winter as it cuts capacity
Europe’s largest airline Ryanair warns of jet-fuel prices at $140 this winter as it cuts capacity
-
Singapore's July inflation hits near two-year high at 2.2%, but undershoots economists' 2.3% forecast
Consumer prices rose 2.2% year-on-year last month, up from 1.9% in June, driven by higher energy prices due to the Iran war. Core inflation, excluding private transport and accommodation, rose 2%, mis
-
Japan's headline inflation hit 1.9% in July, highest this year, driven by energy prices due to the Iran war
Core inflation, which excludes fresh food but includes energy, rose 1.8%, in line with expectations. Wholesale inflation also surged to 7.2% in July, with electricity charges being the largest contrib
-
Thailand's Q2 GDP growth slows to 1.9% from 2.8% in previous quarter, weighed by higher energy prices and Middle East conflict disrupting travel.
Thailand's Q2 GDP growth slows to 1.9% from 2.8% in previous quarter, weighed by higher energy prices and Middle East conflict disrupting travel.
-
California diesel prices surge to $6.92/gallon since Iran war began, up from $5.10, impacting U.S. supply chains
California, home to the nation's busiest containership port complex, is experiencing a significant jump in diesel prices, which have risen to $6.92 per gallon from $5.10 before the Iran war started. T
-
Europe's key rivers are drying up due to heatwaves, curbing power generation and pushing up energy prices
Europe's major rivers are experiencing significant drying after a series of heatwaves across the region. This situation is also restricting power generation from France to Hungary, leading to increase
-
BOE Governor Bailey Highlights 'Huge Uncertainty' and Labor Market Softness After Holding Rates
Bank of England Governor Andrew Bailey stated there is "huge uncertainty" globally, including around energy prices, and noted a "softness" in the labor market. His comments follow the Monetary Policy
-
US May CPI could hit a new three-year high, consumer confidence and purchasing power continue to erode
Svmuu News: Economists predict that a key inflation indicator due out Wednesday will show U.S. consumer prices rose at the fastest pace in over three years in May. Mark Zandi, chief economist at Moody
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