Markets
ECB Freezes Rates, Monitors Iran War’s Inflationary Impact
The European Central Bank has maintained its key interest rates, opting for a pause despite escalating energy inflation linked to the ongoing...
#Energy Prices 35 articles
Economy
Inflationary Pressures Cool as US CPI Forecast to Rise Marginally
US consumer prices are expected to show a marginal increase in July, following a six-year first decline, signaling a welcome tempering of...
Markets
Oil Prices Plunge as Trump Halts Iran Strikes, Deal Nears
Oil prices fell sharply Sunday after President Donald Trump ordered U.S. forces to hold off on new strikes against Iran, citing an...
Economy
Jersey Pensioners Face 4.7% Inflation Driven by Fuel, Services
New figures from Statistics Jersey reveal pensioner inflation has hit 4.7%, driven by a 53.5% surge in fuel costs and a 14.8%...
Economy
Gold Retreats as Energy Costs Drive Rate Hike Expectations
Gold prices have fallen as escalating Middle East tensions push energy costs higher, intensifying expectations for the US Federal Reserve to tighten...
Investing
UK Economy Rebounds 0.1% in May, Fragility Persists Amid Geopolitical Tensions
The UK economy grew by 0.1% in May, reversing April's contraction, driven by services despite impacts from the Iran war. Analysts warn...
Markets
Budget Energy Announces 9.5% Price Increase Effective August 4
Budget Energy NI will increase residential electricity prices by 9.5% from August 4, affecting 105,000 customers due to wholesale market volatility. This...
Economy
Turkish Inflation Cools to 32.1% in June on Energy Price Drop
Turkish annual inflation eased to 32.1% in June, breaking a two-month climb, as falling energy prices provided relief. This marks the first...
Stocks
Nat-Gas Prices Retreat from 3-Month High as July Contract Expires
July Nymex natural gas futures dropped 3.35% as the contract expired, retreating from a three-month high due to long liquidation. Despite initial...