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US consumer confidence edged lower in May as rising gasoline prices and growing concerns over the economic fallout from the conflict involving Iran continued to pressure household sentiment. Data released…
The NZD/USD exchange rate pulled back today, May 25, as forex traders for the upcoming Reserve Bank of New Zealand (RBNZ) interest rate decision, which happens on Wednesday this week.…
President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe it is weak and will leave Iran better off and be…
Kevin Warsh delivered his first public speech as chair of the Federal Reserve on Friday, outlining a reform-focused vision for the central bank while emphasizing that inflation can be lowered…
Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that a full reopening of the waterway in…
Nomura no longer expects the Federal Reserve to cut interest rates in 2026, marking a hawkish shift from its earlier view that the central bank would deliver two reductions later…
British retail sales volumes fell by 1.3% in April every month, official data published on Friday showed, underscoring continued pressure on consumers amid geopolitical uncertainty and rising energy costs. Economists…
Britain’s public finances recorded their biggest April shortfall since the COVID-19 pandemic, highlighting mounting fiscal pressures facing finance minister Rachel Reeves amid the economic fallout from the Iran war. Official…
British companies are experiencing their most widespread decline in activity in more than a year as the economic effects of the Iran war and domestic political uncertainty weigh heavily on…
