TD Securities commodity strategists Ryan McKay and Bart Melek note that crude Oil flows through the Strait of Hormuz are gradually normalizing, but around 10–11m b/d of Middle East production remains offline. With US in…
Chancellor Rachel Reeves has urged an Andy Burnham-led government to stick to what she is doing because it is "beginning to bear fruit", as she defended her handling of the UK economy.
Oil prices have fallen to pre-Iran war levels as more oil tankers exited the strait of Hormuz.
MUFG’s Lloyd Chan reports broad Asia FX weakness versus the Dollar, with the Thai Baht underperforming. The Bank of Thailand has kept its policy rate at 1% as growth remains low and uneven and credit conditions soft. MU…
Exclusive: Head of trade union backs energy secretary to replace Rachel Reeves, but two other big unions are opposed
Reform MP appears to contradict party leader’s claim money from crypto billionaire is ‘none of your business’
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady ahead of Tokyo Consumer Price Index (CPI), where consensus expects a pickup in both headline and core inflation into the mid-to-upper 1% ran…
TD Securities strategists note the Bank of Canada’s (BoC) June Summary of Deliberations maintained its recent balancing act between higher Oil price spillover risks and domestic softness. Policymakers downplayed the Q1 …
Apple is increasing the price of MacBooks and iPads worldwide due to rising memory and storage chip costs.
The USD/JPY pair trades within the historical intervention zone at 161.80 on Thursday, holding near multi-decade highs as the Japanese Yen remains slightly under pressure amid wide United States-Japan yield differential…
West Texas Intermediate (WTI) crude Oil edges higher on Thursday, snapping a three-day losing streak as short covering lifts prices following the recent selloff to a more than three-month low. At the time of writing, WT…
French capital hails ‘landmark decision’ against oil firm relating to disclosure of emissions from oil and gas products
Pension tax relief worth more than £50bn should only be offered to savers who are prepared to invest in Britain, according to Andy Haldane, the president of the British Chambers of Commerce.
USD/JPY trades slightly lower on Thursday as the US Dollar (USD) eases after the latest US Personal Consumption Expenditures (PCE) data broadly matched market expectations. Still, the Japanese Yen (JPY) remains pinned n…
UOB economists Enrico Tanuwidjaja and Sathit Talaengsatya note that the Bank of Thailand (BoT) kept its policy rate at 1.00% and is expected to hold this level through 2027. They stress that Thailand’s recovery is narro…
Insight EU provides delayed access to the content table of its specialized monitoring emails. For real-time updates and full monitoring services, consider subscribing to one of the annual plans available in the Insight …
CACEIS UK, an asset servicing bank, has been censured by the FCA and will make a £31.7m voluntary payment to WealthTek clients for failing to act on information that left clients exposed to the risk of financial crime.
The EUR/USD pair elevated slightly near 1.1380 trades with mild gains on Thursday, as the US Dollar (USD) loses momentum despite a fresh batch of United States (US) economic data showing sticky inflation, stronger growt…
The price of oil has fallen to levels not seen since before the Iran war as traffic through the key Strait of Hormuz shipping route gradually resumes.
Consumer prices rose 4.1% in May from a year earlier – a sign rising costs could pose problem for Trump in midterms
The amount of money owed to energy suppliers by customers has risen again to a new record high of £4.79bn.
ABN AMRO strategist Georgette Boele notes that recent Dollar strength has been driven mainly by a reassessment of the Federal Reserve outlook, with markets now pricing in rate hikes into 2026. She argues this repricing …
Commerzbank’s Bernd Weidensteiner and Christoph Balz describe the United States as a long‑term growth success, driven by population gains, immigration and productivity, but now facing a serious challenge from China. The…
MUFG highlights that strong earnings guidance from Micron Technology, a key AI memory supplier, has boosted sentiment in AI and tech stocks. Revenue guidance far exceeded expectations and new strategic agreements suppor…