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British shop price inflation accelerated in May as retailers faced higher energy bills and disruption linked to the Iran conflict, according to data released by the British Retail Consortium on…
British retailers continued to report weak sales activity in May as consumer demand remained under pressure, although the downturn was less severe than the record decline seen a month earlier,…
Negotiations between the United States and Iran entered a precarious new phase on Tuesday after overnight American strikes in southern Iran intensified fears of a wider regional confrontation. The escalation…
India’s rupee is under mounting pressure as oil prices stay elevated, with ING Economics ’ Deepali Bhargava warning that weak capital inflows, rather than the current account deficit, are driving…
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…
