By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
India's Balance of Payments Stays in Deficit for Second Month on Capital Outflows
India's balance of payments remained in deficit for a second straight month in May, with a $4.4 billion shortfall driven by $2.4 billion in
BofA Sees Ring Energy Benefiting from Permian Pipeline Relief as Waha Gas Prices Improve
Bank of America Securities sees Ring Energy gaining from new Permian pipeline capacity over the next 18 months. Improved Waha gas prices cou
Bank of Canada Holds Rate at 2.25% as Sticky Oil Inflation Delays Return to Target
The Bank of Canada held its policy rate at 2.25%, noting that high oil prices are keeping inflation sticky. Policymakers expect inflation to
Bank of Canada Holds Rate at 2.25% as Oil Prices Keep Inflation Sticky
The Bank of Canada held its policy rate at 2.25% on Wednesday, signaling that oil and gasoline prices are the key wildcards for inflation. H
Shell Advances Venezuela Gas Project, Halliburton Wins Saudi Aramco Deal, Boosting Energy Stocks
Energy stocks edged higher after Shell advanced its Dragon offshore gas project in Venezuela and Halliburton landed a multiyear contract wit
Canada Wholesale Sales Flat in May as Inventories Dip, Ratio Edges Lower
Canadian wholesale sales were flat at C$90.0 billion in May, after a 1.4% gain in April. Inventories fell 1.1%, pulling the inventory-to-sal
June CPI Cools, but Warsh Faces Long Road on Inflation as PCE Looms
June's CPI came in cooler than expected, prompting traders to dial back rate hike bets. But Fed Chair Kevin Warsh faces pressure to prove in
US Wholesale Inflation Cools as Energy Prices Drop, Easing Rate Concerns
US wholesale inflation cooled in June as the Producer Price Index dropped 0.3%, driven by a 6.4% decline in energy prices. Core PPI rose 0.2
Canada's Factory Sales Hit Record C$78.1 Billion in May, Order Books Swell
Canadian factory sales hit a record C$78.1 billion in May, up 1.3% from April, marking the fourth straight monthly gain. Unfilled orders sur
Berenberg Raises BP Price Target to £6 on Faster Debt Reduction
Berenberg raised its price target on BP to £6 after the oil giant's upbeat Q2 update highlighted faster debt reduction. Net debt guidance of
China's Q2 GDP Misses Target, Pressure Mounts on Beijing for Stimulus
China's economy grew 4.3% year-on-year in Q2, slipping below the government's target range. Weak fixed-asset investment and a struggling pro
Oil Holds Below $86 as Traders Weigh US Strikes on Iran and Cooler Inflation
Brent crude remains stuck below $86 a barrel as the US launches a fourth straight day of strikes on Iran, while a surprisingly benign inflat