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MIDDLE EAST CONFLICT INFLATION EFFECTS
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
Federal Reserve Bank of New York President John Williams expects inflation to ease, says Fed will act if it doesn'tFederal Reserve Bank of New York President John Williams anticipates inflation will cool gradually. He believes current interest rate polic...
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
Global Market: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concernsEuro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. ...
Global Market: BOJ keeps rates unchanged, signals readiness for further hikes as yen remains under pressureThe Bank of Japan maintained its key interest rate at 1% on Friday. This decision followed government intervention to support the weakening...
16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
US inflation slows in June, but reversal likely amid Middle East conflictUS inflation slowed in June, but oil prices may cause a temporary easing. The Personal Consumption Expenditures Price Index rose 3.7 percen...
Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
Pakistan 'doing its utmost' to bring US and Iran back to negotiating table: Foreign OfficePakistan is actively working to bring the US and Iran back to the negotiating table. The nation supports dialogue and diplomacy as the only...
Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
France's Schneider Electric raises 2026 guidance on data-centre demandSchneider, once known primarily for industrial components like fuses and circuit breakers, now builds the backbone of data centres, suppl...
Global Market: BOJ may shift to inflation-fighting mode by December, says former official WatanabeThe Bank of Japan could switch to an aggressive inflation-fighting stance as early as December 2026, accelerating interest rate hikes to qu...
Gold edges higher as markets weigh Warsh's inflation message after Fed decisionGold prices saw a slight increase as markets evaluated Federal Reserve comments. The central bank maintained interest rates, leaving future...
Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
Global Market: Singapore Central Bank surprises markets with policy tightening amid inflation risksSingapore's central bank unexpectedly tightened monetary policy on Monday. Persistent inflation risks from elevated energy costs prompted t...
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economistsEconomists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the cent...
Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...