Hotter-than-expected May 2026 inflation jolts markets, forcing a hawkish Fed repricing and undermining the Trump administration’s midterm economic messaging.
UK gilt yields spiked to 5.12% and sterling fell 1.4 cents as triple pressures from record borrowing plans, sticky inflation, and a…
JPMorgan CEO Jamie Dimon labels ongoing US-Europe trade disputes as absurd, sparking concerns over tariff headwinds and transatlantic economic friction.
Jerome Powell's legacy as Fed Chair is defined by his defence of central bank independence against political pressure from Donald Trump, a…
U.S. power prices surge 61% faster than inflation as demand from AI and onshoring strains supply, lifting energy stocks and inflation expectations…
Iran war reignites US inflation as CPI leaps to 5.2%, driving fuel and food prices higher and tightening the squeeze on American…
Court stay on tariff-injunction order preserves trade-policy status quo, limiting immediate market swings but unresolved legal risk.
Iran’s Kharg Island oil export halt removes 1.5mb/d from global supply, lifting Brent above $90 and tightening energy markets amid the first…
Japanese refiner taps Mexican crude to bypass Hormuz turmoil, underscoring supply fears and potential upside for oil benchmarks.
Vodafone’s profit miss and bank weakness combined with Iran ceasefire concerns to drag European markets lower in a risk-off session.
Markets price out Fed rate cuts through 2027, sending Treasury yields and the dollar soaring as a hot inflation report revives rate…
Russia projects 2026 crude output flat at 10.3 million b/d, squeezed by accelerating Ukrainian drone strikes on refining infrastructure that tighten the…