May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.
April 08, 2026 03:04 ETUK house prices declined in March as the Iran conflict pushed up inflation expectations and dampened hopes of interest rate reductions, data from the mortgage lender Halifax showed Wednesday. House prices decreased 0.5 percent on a monthly basis in March, reversing February's 0.3 percent increase. The average property price was GBP 299,677.
April 08, 2026 05:12 ETOil prices plummeted on Wednesday after the U.S. and Iran agreed to a two-week ceasefire to ensure stability in the region's critical energy corridor. Brent crude futures for June delivery plunged 13.4 percent to $94.56 a barrel on hopes that oil and gas flows through the Strait of Hormuz could soon...
April 08, 2026 14:37 ETCrude oil went into a tailspin on Wednesday as supply-disruption risks have dissipated following a last-minute two-week ceasefire agreement between the U.S. and Iran.
April 10, 2026 07:57 ETGlobal market sentiment improved, underpinned by hopes of positive negotiations between the U.S. and Iran.