NEC Hassett: Energy prices will drop once the Strait of Hormuz is opened
Should see lower oil prices once the strait opens.Stocks are celebrating the gains in productivityConsumers will feel ...
US National Activity Index for April 0.14 vs -0.15% last month
Prior month -0.20 revised to -0.15Details from the Chicago Fed:Federal Reserve Bank of Chicago CFNAI rose to +0.14 in ...
investingLive European FX news wrap: Hopes for US-Iran deal remain high
Iran’s frozen funds emerge as potential final sticking point in US-Iran dealUK CBI shows retailers sentiment fe ...
Iran’s frozen funds emerge as potential final sticking point in US-Iran deal
According to Iran’s Fars news agency, the unfreezing of billions of dollars in Iranian assets has emerged as th ...
UK CBI shows retailers sentiment fell at a slower pace compared to previous two quarters
UK CBI Distributive Trades -46 vs -50 expectedPrior -68Full report hereThe agency noted: “retail selling prices ...
Japan government retains its assessment that the economy is recovering moderately in May
There is no change to the assessment from April (which was also the same as in March), as the government notes that & ...
Iran’s IRGC identifies hostile aircrafts entering its airspace, downs MQ9 drone
Iran’s Islamic Revolutionary Guard Corps (IRGC) announced it had detected and shot down an MQ-9 drone. The IRGC said ...
Markets reserve some caution on US-Iran developments
The war continues to rage on but it looks like we’re on the cusp of some form of agreement or memorandum of und ...
What are the main events for today?
EUROPEAN SESSIONIn the European session, we don’t have much on the agenda other than a couple of low tier relea ...
investingLive Asia-Pacific FX news wrap: Shots fired, deal closer: Hormuz endgame in sight
Gold and silver slip in Asia. Iran deal optimism offsets active US strikes … butRubio says Hormuz will open one ...
PM Carney says Canada and India in free trade talks across energy and agri-food
Canadian PM Mark Carney says Ottawa is negotiating a free trade agreement with India, describing it as a game changer ...
Strait of Hormuz – Loud explosions reported in Iran in Bandar Abbas, Sirik and Jask
All is not quiet in Iran, loud explosions reported via multiple media sources. Cause unknown.Markets are focused on t ...