By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
BP's Trading Desk Drives Strong Q2 as Oil Prices Surge to $97
BP's trading desk remained strong in the second quarter, with oil realizations set to lift upstream earnings by $1.8-2.1 billion. Brent crud
Rupee Breaches 96 Per Dollar as Oil Surges on US Iran Blockade
India's rupee weakened past 96 per dollar after oil prices jumped to a one-month high, driven by the US reinstating a naval blockade on Iran
China's June Trade Surplus Hits $125.6 Billion as AI Hardware Exports Surge
China's trade surplus hit $125.6 billion in June as exports surged 27% year over year, fueled by demand for AI-related hardware. Imports als
Singapore Q2 GDP Surges 5.7% on AI-Driven Manufacturing Boom
Singapore's economy expanded 5.7% year over year in the second quarter, beating expectations as AI-linked manufacturing surged. Electronics
Australian Business Confidence Improves as Inflation Eases, Oil Jumps to $85
Australian business confidence improved in June as price pressures eased, according to a NAB survey. However, renewed Gulf tensions pushed B
Australian Consumer Confidence Edges Up, but Inflation Expectations Rise Again
Australian consumer confidence ticked up last week, but inflation expectations rose for the first time in five weeks. The mixed signals sugg
Tariff Refunds Push US Budget Back Into Deficit in June
The US Treasury reported a $120 billion deficit in June, driven by customs duty refunds that outpaced collections after Trump-era tariffs we
New Zealand Central Bank Warns Oil Prices Could Force More Rate Hikes
New Zealand's central bank is signaling further rate hikes may be needed as higher oil prices threaten to keep inflation sticky. The warning
New Zealand Business Confidence Rebounds as Fuel Costs Ease, but RBNZ Tightening Continues
New Zealand businesses are feeling more optimistic as fuel prices cool, with NZIER's survey showing a net 8% of firms expect conditions to i
Argentina's YPF Electric Energy Files for NYSE IPO as Revenue Surges 45.8%
YPF Electric Energy, a pure-play power generator from Argentina, has filed to list on the NYSE. The company reported a 45.8% quarterly reven
Fed Officials Split on Next Rate Move as Core Inflation Stays Stubbornly High
Federal Reserve officials are divided on the path for interest rates. Governor Christopher Waller says the next decision hinges on core infl
Goldman Sachs and UBS Predict Rare Negative US Inflation in June as Energy Costs Fall
Goldman Sachs and UBS expect June's US inflation to turn negative month over month, driven by falling energy prices. The rare dip could shif