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ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

ECB Lagarde rejects eurozone stagflation fears despite rising growth, inflation risks

Baseline forecasts 0.9 percent 2026 expansion rates steady amid oil shock divergence

U.S. to offer 92.5 million barrels SPR crude loans to calm oil spike

U.S. to offer 92.5 million barrels SPR crude loans to calm oil spike

IEA pact aims to ease biggest energy crisis as gasoline hits $4.30 record

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

EU-Mercosur trade deal takes effect, cuts tariffs and opens 700 million-consumer market for EU exports

The deal unlocks major trade gains

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

U.S. Q1 2026 GDP grows 2 percent, beats forecasts amid inflation and global headwinds

GDP accelerates amid energy shock

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

Bank of England holds rates at 3.75 percent citing energy uncertainty, elevated inflation risks

MPC 8-1 vote warns of rising U.K. inflation risks from oil shock

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Eurozone inflation hits 3 percent in April on energy surge amid Q1 GDP growth of 0.1 percent

Energy prices spiked 10.9 percent amid SoH blockade fueling stagflation fears

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Banking & Finance

Canada to launch first sovereign wealth fund with $18.32 billion seed capital

Canada Strong Fund will invest in major national projects with private sector partners

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Bank of Japan holds interest rate at 0.75 percent, raises inflation forecast by 0.9 percent

Central bank keeps policy steady in 6–3 vote as market expected

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Euro area economy contracts first time in 16 months as April PMI falls to 48.6 on services slump, energy cost pressures

Business activity weakens

EU fossil fuel imports surge $25.9 billion as crisis delivers major macroeconomic hit after 44 days

EU fossil fuel imports surge $25.9 billion as crisis delivers major macroeconomic hit after 44 days

Von Der Leyen proposes fast EU energy support for vulnerable groups

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Sri Lanka secures IMF agreement for $700 million, commits to reforms for economic stability

Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

U.S. jobs see sharp rebound with 178,000 nonfarm payrolls added in March

Unemployment falls to 4.3 percent as 396K drop out of labor force

World food prices hit highest since September, FAO says

World food prices hit highest since September, FAO says

Wheat up 4.3 percent from U.S. crop fears and Australian planting cuts

Microsoft to invest $10 billion in Japan AI infrastructure between 2026 and 2029, train 1 million developers by 2030

Microsoft to invest $10 billion in Japan AI infrastructure between 2026 and 2029, train 1 million developers by 2030

One in five working-age Japanese use generative AI since 2024 boom

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

U.S. trade gap hits $57.3 billion following 4.9 percent rise, despite record $314.8 billion in in exports

Esxports surge was driven by monetary gold and natural gas

Trump name to be given to Palm Beach International Airport as Florida governor signs new legislation

Trump name to be given to Palm Beach International Airport as Florida governor signs new legislation

FAA approval needed Before Palm Beach Airport officially becomes Trump Airport

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Bank of Japan updates natural rate estimate as era of ultra low rates ends

Neutral interest rate range stands between -0.9 percent and +0.5 percent

OECD cuts Eurozone growth forecast to 0.8 percent, lifts inflation outlook to 2.6 percent amid rising energy costs

OECD cuts Eurozone growth forecast to 0.8 percent, lifts inflation outlook to 2.6 percent amid rising energy costs

Organization says higher energy prices will reduce demand offset investment technology, lower effective rates

U.S. approves emergency summer higher-ethanol gasoline sales to curb soaring fuel prices

U.S. approves emergency summer higher-ethanol gasoline sales to curb soaring fuel prices

Agriculture Secretary hails move as step toward American Energy Dominance supporting domestic biofuel demand

Japan initiates largest-ever strategic oil release as gasoline prices hit record 190.80 yen

Japan initiates largest-ever strategic oil release as gasoline prices hit record 190.80 yen

State reserves drawdown equals 30 days of demand roughly 8.5 million kiloliters scheduled through April end

Japan’s Prime Minister meets with IEA’s Birol to request further coordinated release of oil reserves

Japan’s Prime Minister meets with IEA’s Birol to request further coordinated release of oil reserves

Birol noted the IEA is actively consulting with governments across Europe and Asia regarding release of additional stockpiles