By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Japan's Wholesale Inflation Accelerates in June, Raising Rate Hike Prospects
Japan's producer price index jumped 7.1% year-on-year in June, above expectations and faster than May. The rise, driven by fuel and metals,
Peru Holds Rate at 4.25% for Tenth Straight Meeting as Inflation Risks Linger
Peru's central bank held its benchmark interest rate at 4.25% for the tenth straight meeting, as policymakers weigh oil price volatility and
Egypt's Central Bank Holds Rates as Inflation Signals Diverge
Egypt's central bank held its key interest rates steady on Thursday, keeping the deposit rate at 19% and the lending rate at 20%. The decisi
Fed Minutes Reveal Deep Split on Rate Path: Hikes Still Possible
The Fed's latest meeting minutes reveal a deep split among officials on whether inflation is cooling enough to hold rates steady or if anoth
France's Economy Edges Up 0.2% in Q2 as Businesses Adapt to Record Heatwave
France's central bank now sees second-quarter growth of 0.2%, up from flat, after businesses adapted to a record June heatwave by shifting w
Oil Prices Slide as US Strikes on Iranian Targets Ease Strait of Hormuz Fears
Oil prices fell as US strikes on Iranian targets near the Strait of Hormuz eased fears of an immediate threat to shipping. WTI slipped to $7
UBS Boosts Chevron Q2 Profit Forecast on Higher Oil Prices and Stronger Refining Margins
UBS has lifted its second-quarter earnings forecast for Chevron to $5.70 per share, well above the analyst consensus of $5.02. The bank poin
CFTC Blocks CME's 24/7 Oil Futures Plan, Citing Need for Review
US derivatives regulator the CFTC has halted CME Group's plan for a 24/7 crude oil futures contract. The agency will review whether the prod
Natural Gas Futures Dip to $3.16 as Traders Eye Smaller-Than-Usual Storage Build
US natural gas futures fell to $3.16 per million British thermal units as traders awaited the EIA's weekly storage report, expected to show
Mexico Inflation Drops to 3.37% in June, Easing Pressure on Banxico to Cut Rates
Mexico's annual inflation cooled to 3.37% in June, below economists' expectations of 3.52%. The drop follows Banxico's decision to hold its
US Jobless Claims Dip to 215,000, Signaling Resilient Labor Market
New US jobless claims slipped to 215,000 last week, indicating employers are still holding onto workers. Continuing claims ticked up slightl
Berenberg: Shell's Strong Q2 Cash Flow Could Boost Buybacks to $3.5 Billion
Berenberg analysts see Shell's Q2 cash flow as unusually strong, potentially reviving bigger buybacks. The bank keeps a buy rating and sees