By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Bank of Canada split on whether growth rebound can last amid oil and tariff risks
Bank of Canada meeting minutes reveal a split among policymakers on whether the second-quarter growth rebound is sustainable. Higher oil pri
Oil Surges 7% on US-Iran Threats, Energy Stocks Rally
Oil prices spiked after President Trump warned Iran 'will be hit hard' and US Central Command reported strikes in Iraq. WTI crude rose 6.7%
Energy ADRs Surge as Eni and Equinor Jump 6% While European Index Stays Flat
European ADRs slipped 0.1% in US trading, but energy stocks bucked the trend. Eni and Equinor jumped over 6%, while Biodexa Pharmaceuticals
Cenovus lifts output forecast after profit triples on higher oil and record production
Cenovus Energy raised its full-year output forecast after quarterly profit more than tripled. The Canadian producer benefited from higher oi
Elia's grid buildout drives 18% revenue jump to €2.56 billion in first half
Elia, Belgium's power transmission operator, posted €2.56 billion in first-half revenue, up 18% from a year earlier. The company kept its 20
Malaysia's Central Bank Sees Steady 4%-5% Growth in 2026 Despite Middle East Risks
Malaysia's central bank expects the economy to grow 4%-5% in 2026, building on 5.2% growth in 2025. Officials credit carefully designed refo
Eni boosts buyback to €3.4 billion after profit doubles on strong oil output
Eni lifted its buyback plan by €600 million to €3.4 billion after adjusted net profit more than doubled to €2.3 billion in Q2. The outperfor
China's PBOC Holds Overnight Rate Steady, Ramps Up Short-Term Cash Injections
The People's Bank of China held its overnight reverse repo rate at 1.25% and added 2.1 trillion yuan in short-term cash injections. Official
Australia's inflation eases to 3.8% but electricity bills jump 22%
Australia's headline inflation eased to 3.8% in the year to June, but electricity prices surged more than 22% after government rebates expir
BofA Downgrades Exxon to Neutral, Keeps Chevron as Top Pick on Middle East Risk
Bank of America Securities downgraded Exxon Mobil to neutral, saying its larger Middle East footprint limits upside. The bank kept Chevron a
US consumer confidence dips in July as trade deficit narrows
US consumer confidence slipped in July as the Conference Board's index fell to 90.8, reflecting growing unease about jobs and business condi
Oil slides 5% to $78.51, dragging energy stocks lower as Bank of America cuts Exxon
Oil prices tumbled 5% on Tuesday, with WTI crude settling at $78.51 a barrel, and energy stocks followed suit. Bank of America Securities do