THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
UK Labour Market Cools as Job Vacancies Hit a Five-Year Low and Pay Growth Slows
Britain's labour market showed fresh signs of cooling in the latest official data, with the unemployment rate edging up over the year,…
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Oil Holds Near US$80 as Gold and Silver Slide on Softer Haven Demand and Firmer Rate Expectations
Commodity markets split in two directions on Thursday, with crude oil holding near the US$80 level even as gold and silver extended…
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Kuwait Targets Oil Output Recovery to 2 Million Barrels per Day Within a Week
Kuwait has started raising oil production after the reopening of the Strait of Hormuz, targeting output of more than 2 million barrels…
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Bank of England Holds Rates at 3.75% in 7–2 Vote as Two Members Push for a Hike
The Bank of England kept its main interest rate unchanged at 3.75% on 18 June 2026, but a split vote and a…
Read more →Commodities Slide as US–Iran Deal Deflates War Premium; Oil and Precious Metals Lead Losses
A broad retreat swept across the commodities complex this week as a US–Iran agreement to reopen the Strait of Hormuz drained the…
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Three GCC Central Banks Hold Interest Rates After US Federal Reserve Decision
Qatar, Bahrain and the UAE keep interest rates steady after the US Federal Reserve holds rates, while Saudi Arabia, Kuwait and Oman…
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Warsh Overhauls Fed Communications and Withholds His Own Forecast as Projections Hint at a 2026 Rate Hike
In his first appearance as Federal Reserve Chair, Kevin Warsh used the June policy meeting not only to hold interest rates steady…
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Bank of Japan Raises Rate to 1%, Its Highest Since 1995, and Signals More to Come
The Bank of Japan raised its policy interest rate to around 1.0% from 0.75% on 16 June 2026, lifting borrowing costs to…
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US Retail Sales Jump 0.9% in May, Pointing to a Resilient American Consumer
US retail sales rose more strongly than expected in May 2026, signalling that American consumer demand remained resilient despite elevated inflation and…
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Fed Holds Rates at 3.50%–3.75% in Warsh’s First Meeting, Vowing to “Deliver Price Stability”
The US Federal Reserve kept its benchmark interest rate unchanged at 3.50% to 3.75% on 17 June 2026, holding policy steady in…
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US–Iran Deal Could Help Egypt Recover Suez Canal Revenues, But US$10 Billion Will Not Return Overnight
A reported interim agreement between Washington and Tehran to reopen the Strait of Hormuz could improve sentiment toward regional maritime routes, but…
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Dubai Real Estate Enters a More Selective Phase as Regional Risk Tests Demand
Dubai’s residential property market is no longer moving with the same broad momentum that defined the previous boom. The latest data points…
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The New Oil: Efforts to Turn AI Computing Power into a Tradable Commodity
Artificial intelligence is turning computing capacity into one of the most important inputs in the global digital economy. As demand for training…
Read more →Commodities Wrap: Brent Falls Around 5% to a Three-Month Low as Gold Holds Steady
Commodity markets fell sharply on Tuesday 16 June 2026, with crude oil dropping to a multi-month low while precious metals steadied after…
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China’s Wholesale Input Prices Split in Early June as Coal Costs Jump and Steel Eases
China's high frequency gauge of industrial input costs pointed in two directions at once in the first ten days of June, with…
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Elon Musk Could Spend $1 Million Every Hour for 114 Years
Elon Musk's rise to a trillion dollar fortune is more than a personal wealth milestone. It is a moment that forces markets,…
Read more →Commodities Wrap: Oil Extends Its Decline and Precious Metals Steady as Markets Brace for the Fed
Prices in this review are approximate levels as of Monday 15 June 2026 and move in real time. Global markets reopened on…
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Kuwait Imported 75.95 Tonnes of Precious Metals in Early 2026 as Demand Front-Loaded Before a Spring Slowdown
Kuwait imported about 75.95 tonnes of precious metals, diamonds and related jewellery items during the first four months of 2026, according to…
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Elon Musk Becomes the First Trillionaire as SpaceX Listing Transforms His Wealth Profile
Elon Musk has become the first trillionaire in modern financial market history after SpaceX's public listing pushed the market value of his…
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SpaceX IPO Draws Massive Demand as Historic Listing Reprices the Space Economy
SpaceX completed one of the largest and most consequential initial public offerings in market history, raising about $75 billion and entering public…
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AD Ports Group Vehicle Raises Offer for Alexandria Container to EGP 27.47 per Share in Bid for Up to 90 Percent
Black Caspian Logistics Holding, the vehicle through which AD Ports Group and Abu Dhabi's ADQ are consolidating their position in Egyptian port…
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Oil Slides Toward Two Month Lows as the United States and Iran Near an Agreement to Reopen Hormuz
Oil prices extended their decline on Friday, 12 June 2026, as the United States and Iran moved closer to an agreement that…
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Kingdom Holding’s SpaceX Stake Could Reach $5.7 Billion as Tadawul Disclosure Meets a $1.77 Trillion IPO
Kingdom Holding Company's shares extended a powerful run on the Saudi Exchange on Thursday, rising as much as 6 percent intraday before…
Read more →Oil Slides Toward $90 and Gold Reclaims $4,100 as Markets Reprice Regional Risk
Energy and precious metals markets repriced sharply on Thursday, 11 June 2026, as signals of diplomatic progress in the region eased the…
Read more →Most Read
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- The Week Ahead: The Federal Reserve Decides on 29 July, US Growth and Inflation Data Land, and the Megacap Technology Earnings Peak
- Asia Market Wrap 8 October: All Ten Indices Fall as Singapore Drops 3.49 Percent
- Asia Market Wrap 6 October: Nikkei Posts First Close Above 70,000 Since July as Kospi Falls
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent