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Motor oil shortage may last into 2027 despite US-Iran deal, shops warn

Motor oil shortage may last into 2027 despite US-Iran deal, shops warn

While a US–Iran deal to reopen the Strait of Hormuz may ease geopolitical tensions, auto repair shops in Tokyo and dealerships in Detroit are unlikely to see quick

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Jun 16, 2026
What is in the new US-Iran peace deal? Here’s what we know

What is in the new US-Iran peace deal? Here’s what we know

Global stocks and cryptocurrencies are rallying today, with top Asian indices like the Nikkei 225, Kospi, and Topix jumping by over 5%, after the US and Iran confirmed

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Jun 15, 2026
No rate cut likely at Warsh’s first Fed meeting, but here’s what markets will watch

No rate cut likely at Warsh’s first Fed meeting, but here’s what markets will watch

The Federal Reserve’s June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market

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Jun 14, 2026
UK GDP falls 0.1% in April as services weigh on monthly growth

UK GDP falls 0.1% in April as services weigh on monthly growth

The UK economy contracted by 0.1% in April, reversing part of the strong growth recorded earlier in the year as rising energy costs and geopolitical tensions began to

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Jun 12, 2026
India inflation rises to 3.93% in May as food and fuel risks return

India inflation rises to 3.93% in May as food and fuel risks return

India’s retail inflation accelerated in May but stayed just below the Reserve Bank of India’s medium-term target, giving policymakers little room to sound relaxed as food, fuel and

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Jun 12, 2026
US PPI rises by more than expected; annual producer price rise highest in 3 years

US PPI rises by more than expected; annual producer price rise highest in 3 years

US annual wholesale inflation accelerated to its highest level in more than three years in May, though underlying price pressures remained relatively contained. Data released Thursday by the

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Jun 11, 2026
US inflation climbs to 4.2% in May as energy costs drive price growth

US inflation climbs to 4.2% in May as energy costs drive price growth

Inflation in the United States accelerated in May, largely driven by rising energy prices, while underlying price pressures remained relatively contained, according to data released by the US

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Jun 10, 2026
After jobs report shock, US CPI data to test AI rally; here’s how to trade around it

After jobs report shock, US CPI data to test AI rally; here’s how to trade around it

US stocks regained some footing on Monday after a bruising selloff at the end of last week, with technology and semiconductor shares leading a rebound as investors looked

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Jun 9, 2026
Fed cuts delayed again? Goldman Sachs now sees easing only in 2027

Fed cuts delayed again? Goldman Sachs now sees easing only in 2027

Goldman Sachs has pushed its forecast for the Federal Reserve’s next rate cuts into 2027, signalling that stronger US growth, firmer hiring and stubborn inflation risks may keep

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Jun 8, 2026
FCA plans new liquidity rules for UK money market funds

FCA plans new liquidity rules for UK money market funds

The UK’s Financial Conduct Authority (FCA) said on Monday that it plans to introduce a new rule requiring all money market funds (MMFs) to hold sufficient liquidity to

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Jun 8, 2026

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