Click outside menu or press ESC to close
EU · Jun 27, 2026 · 3 min read
German business sentiment improved again in June, but consumer confidence remained deeply negative, pointing to a recovery that is stabilising rather than…
Read more →
Energy & Commodities · Jun 27, 2026 · 4 min read
US commercial crude oil inventories fell sharply in the week ended 19 June, reinforcing the view that refinery demand for crude remained…
Read more →
Global · Jun 26, 2026 · 5 min read
Regional conflict is putting pressure on one of the Gulf's most important but often overlooked financial channels: the money sent home by…
Read more →
Energy & Commodities · Jun 26, 2026 · 3 min read
Settlement prices in this wrap are the official 25 June exchange settlements, while the latest electronic levels were captured around 19:00 EDT…
Read more →
Energy & Commodities · Jun 26, 2026 · 4 min read
Crude oil exports from the Gulf are recovering as tanker traffic through the Strait of Hormuz returns toward normal levels following weeks…
Read more →
Global · Jun 26, 2026 · 6 min read
The world's largest economy delivered a split picture this week, with its first-quarter growth revised firmly higher and its preferred inflation gauge…
Read more →
Egypt · Jun 26, 2026 · 4 min read
The global economy is absorbing the shock from heightened regional tensions without tipping into a broad slowdown so far, the International Monetary…
Read more →
EU · Jun 25, 2026 · 3 min read
Business sentiment in the euro area's two largest economies improved slightly in June, but the gains remained modest and the underlying indicators…
Read more →
Global · Jun 25, 2026 · 5 min read
The Bank for International Settlements has warned that today's stablecoins fall short on the key properties that sustain trust in money, and…
Read more →
Energy & Commodities · Jun 25, 2026 · 5 min read
Gold prices fell below the key $4,000 per troy ounce level on Wednesday, June 24, 2026, extending a sharp correction in precious…
Read more →
Energy & Commodities · Jun 25, 2026 · 4 min read
Gold hovered near a seven month low on Thursday, trading around US$4,030 an ounce after a sharp slide this week, as markets…
Read more →
China · Jun 25, 2026 · 3 min read
A further cut in Chinese interest rates this year remains possible, though not assured, as signs of softer domestic demand renew the…
Read more →
Germany’s cabinet has approved the draft federal budget for 2027 and the financial plan through 2030, marking one of the clearest fiscal shifts in modern German economic policy. The plan combines higher public investment, sharply larger defence spending and heavy borrowing as Europe’s largest economy tries to rebuild growth momentum after years of weak investment…
The US services sector, which accounts for the largest share of the world’s biggest economy, expanded again in June, with the closely watched Institute for Supply Management Services PMI reading 54.0 percent, down half a point from 54.5 percent in May. The reading, released on Monday 6 July after a delay from its usual first-business-day…
Comcast-owned Sky has agreed to buy ITV’s Media and Entertainment business in a deal worth up to £1.6 billion, creating what is set to become one of the largest commercial broadcasting groups in the United Kingdom and marking one of the most significant restructurings in British television in years. The transaction, announced on 6 July,…
New orders in German manufacturing rose 1.9 percent in May from the previous month, seasonally and calendar adjusted, the Federal Statistical Office reported on 6 July, a stronger reading than economists had expected and a rebound from a weak April. On the surface it points to firmer demand for the goods that Europe’s largest economy…
The euro area’s private sector stopped shrinking in June, as growth in manufacturing offset a still weak services sector and pulled overall business activity back to the 50.0 mark that separates expansion from contraction. According to final S&P Global data published on 3 July, the bloc moved from two months of falling output to broad…
Filings for US unemployment benefits fell to 215,000 in the week ended 27 June, the Labor Department reported on 2 July, a decrease of 1,000 from the prior week’s upwardly revised level and below the roughly 220,000 that economists had expected. The reading kept initial claims close to the low end of their recent range,…
British firms’ expectations for inflation a year ahead held steady at 3.7 percent in June, according to the Bank of England’s Decision Maker Panel survey, leaving businesses anticipating price growth well above the central bank’s 2 percent target even as some measures softened at the margin. The survey, conducted between 5 and 19 June and…
Global food prices fell for a second consecutive month in June, according to the United Nations Food and Agriculture Organization, as ample grain supplies pulled the benchmark index further below the multi-year high it reached in the spring. The FAO Food Price Index averaged 130.3 points in June, down from 130.8 in May, extending a…
Unemployment in the euro area held at 6.2 percent in May 2026, unchanged from April and down from 6.3 percent a year earlier, keeping the jobless rate at or close to its lowest level since the single currency was created, according to Eurostat. Across the wider European Union the rate was 5.9 percent, also stable…
On 4 July 2026 the United States marks 250 years since the Declaration of Independence, and the economic distance travelled is difficult to overstate. In 1790, the earliest year for which credible reconstructions exist, the American economy produced goods and services worth roughly $193 million in the dollars of the day, generated by about 3.9…