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Global · May 22, 2026 · 2 min read
Kevin Warsh has taken over as the 17th Chair of the Federal Reserve at a critical moment for US monetary policy, as…
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UK · May 20, 2026 · 2 min read
UK inflation surprised to the downside in April, easing more than expected despite higher fuel costs linked to the Middle East energy…
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USA · May 18, 2026 · 2 min read
The latest US inflation data, alongside President Trump's comments that the Iran war could delay his rate cut plans, further complicates the…
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China · May 18, 2026 · 2 min read
China has committed to purchase at least USD 17 billion per year of US agricultural products, with 2026 prorated and the commitment…
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Global · May 15, 2026 · 2 min read
Gold fell sharply to its lowest level in more than a week as rising US inflation concerns pushed Treasury yields and the…
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USA · May 15, 2026 · 2 min read
Mubadala Energy, Kimmeridge and CPP Investments are moving ahead with Commonwealth LNG, a major US Gulf Coast export project that strengthens the…
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Global · May 15, 2026 · 2 min read
Kevin Warsh's confirmation as Federal Reserve Chair marks one of the most politically sensitive leadership changes at the US central bank in…
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China · May 14, 2026 · 2 min read
President Trump's Beijing summit with President Xi Jinping is no longer only about trade. It is becoming a wider negotiation over energy…
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USA · May 13, 2026 · 1 min read
US inflation rose more than expected in April, reinforcing concerns that the recent energy shock is feeding back into consumer prices and…
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China · May 13, 2026 · 2 min read
Goldman Sachs has raised its outlook for the Chinese yuan, arguing that the currency remains more than 20 percent undervalued against the…
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China · May 13, 2026 · 2 min read
China's low-cost AI strategy is becoming a serious competitive challenge for Silicon Valley. The race is no longer only about who has…
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China · May 13, 2026 · 2 min read
President Donald Trump's expected visit to Beijing marks the first visit by a US president to China since November 2017, placing the…
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The International Energy Agency sharply lowered its 2026 oil demand and supply forecasts in its June Oil Market Report, published on 17 June 2026, describing a market in the process of swinging from an acute wartime shortage toward a sizeable surplus by 2027. The report, which extended its forecast horizon to 2027 because of the…
The US Federal Reserve kept its benchmark interest rate unchanged at 3.50% to 3.75% on 17 June 2026, holding policy steady in the first meeting chaired by new Federal Reserve Chair Kevin Warsh. The decision by the Federal Open Market Committee was unanimous, approved by a 12–0 vote. In a notably streamlined statement, the Committee…
A reported interim agreement between Washington and Tehran to reopen the Strait of Hormuz could improve sentiment toward regional maritime routes, but for Egypt the decisive issue remains security in Bab al-Mandab and the Red Sea, not Hormuz alone. The agreement should therefore be treated as a potential confidence catalyst for shipping lines, insurers and…
Dubai’s residential property market is no longer moving with the same broad momentum that defined the previous boom. The latest data points to a more selective phase, where transaction volumes are adjusting sharply, especially in off plan projects, while completed and prime assets remain more resilient. According to Bloomberg, citing REIDIN data based on Dubai…
UK consumer price inflation held at 2.8% in the year to May 2026, unchanged from April, according to figures released by the Office for National Statistics (ONS) on 17 June 2026. On a monthly basis, the Consumer Prices Index (CPI) rose 0.2%, the same monthly rate recorded in May 2025. The broader Consumer Prices Index…
Egypt and the European Union announced a financing package of up to 690 million euros to upgrade and expand Egypt’s national electricity network, according to an official European Commission release published on 15 June 2026. The package combines a 600 million euro loan from EIB Global, the European Investment Bank’s development arm, with up to…
Artificial intelligence is turning computing capacity into one of the most important inputs in the global digital economy. As demand for training and running advanced AI models expands, exchanges and data providers are moving to create financial contracts that could make compute power more transparent, measurable and tradable. The shift is still at an early…
Wholesale selling prices in Germany rose 5.9 percent in May 2026 compared with a year earlier, according to data published by the Federal Statistical Office (Destatis) on 15 June 2026. The annual rate eased slightly from 6.3 percent in April but stayed well above the readings earlier in the year, a sharp acceleration from the…
Commodity markets fell sharply on Tuesday 16 June 2026, with crude oil dropping to a multi-month low while precious metals steadied after their recent rally. The main driver was the prospect of improved energy flows through the Strait of Hormuz following a de-escalation agreement, which removed part of the supply risk premium that had supported…
Euro area hourly labour costs rose by 3.2% year on year in the first quarter of 2026, according to data published on 16 June 2026 by Eurostat, the statistical office of the European Union. The increase eased from 3.4% in the fourth quarter of 2025. Across the wider European Union, hourly labour costs grew by…