June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
May 15, 2026 05:27 ETPoland's consumer price inflation accelerated as initially estimated in April to the highest level in nearly a year. The consumer price index climbed 3.2 percent year-over-year in April, faster than the 3.0 percent increase in March. Moreover, this was the highest inflation rate since June 2025, when prices rose 4.1 percent. On a monthly basis, consumer prices moved up 0.6 percent.
May 15, 2026 05:28 ETOil prices rallied on Friday as Hormuz concerns persisted and U.S. President Donald Trump claimed the United States will prevail in its war with Iran, "peacefully or otherwise". Brent crude prices for July delivery jumped more than 3 percent to $109.19 a barrel as attacks on one ship and the seizure...
May 18, 2026 05:30 ETOil prices climbed on Monday, building on last week's rally as the continued near-shutdown of the Strait of Hormuz kept supply concerns elevated. Brent crude futures for July delivery were up nearly 1 percent at $110.34 a barrel, while WTI crude futures for July delivery surged 1.3 percent to $102.29. Amid...
May 19, 2026 06:25 ETHopes of a peaceful resolution of the Middle East conflict was renewed amid President Trump delaying further strikes on Iran.