June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.
May 13, 2026 03:45 ETFrance's consumer price inflation rose to its highest level since mid-2024 in April, driven primarily by sharp acceleration in energy prices, final data from the statistical office INSEE showed Wednesday. Consumer price inflation rose to 2.2 percent in April, in line with the flash estimate, and up...
May 13, 2026 05:51 ETOil prices were slightly lower on Wednesday after three days of strong gains. Brent crude futures for July delivery slipped 0.3 percent to $107.46 a barrel while WTI crude futures for June delivery were down 0.6 percent at $101.58. Traders booked some profits at higher levels after the International...
May 13, 2026 14:42 ETPartially offsetting the gains from the two previous sessions, crude oil prices have pulled back on Wednesday as the upcoming negotiations between the presidents of the U.S. and China have increased expectations of an end to the U.S.-Iran standoff despite OPEC and IEA oil forecast reports warning of a supply-demand mismatch.
May 15, 2026 08:03 ETGlobal market sentiment weakened as anxiety about the Middle East war, the energy price shock, inflation spike and the resultant rise in interest rates weighed heavily on sentiment.