Central Bank

Oil prices stabilize as focus shifts to U.S. economy, interest rates

The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices

Dollar-yen exchange rate hits 34-year peak as investors monitor Japan’s currency support measures

The dollar climbed to 154.85 yen, its highest point since the middle of 1990

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

Oil prices drop as Middle East tensions ease, market sentiment shifts to fundamentals and macroeconomics

Brent crude futures declined to $86.62 per barrel, WTI crude futures dropping to $82.51 per barrel

Japan’s March core inflation slows to 2.6 percent despite yen weakness

Despite wage hikes, inflation-adjusted real wages continued to decline for nearly two years

U.S. economic activity expands slightly in April, inflation expectations remain firm: Survey

Inflation's reversed momentum sparks concern over interest rate cut timing

Bank of Japan signals gradual approach to interest rate hikes amidst domestic economic challenges

Board member Noguchi foresees slower policy adjustments compared to global counterparts

Oil prices stabilize after steep declines amid U.S. rate hike fears, Venezuela sanctions

Venezuela's oil exports had grown 12 percent in 2023 to 700,000 bpd after the easing of some U.S. sanctions

Japanese yen plunges to 34-year low amid dovish BoJ outlook

The yen weanked past the 154 range vs dollar

Gold prices surge on Middle East tensions, central bank buying

Spot gold rose 0.17 percent to $2,387.42 per ounce

Portugal’s government forecasts 1.5 percent economic growth for 2024

The country’s economic growth estimates align with the state budget, slightly lower than election promises

Oil prices climb on China’s economic growth, Middle East tensions

Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel