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 09, 2026 03:49 ETGermany's industrial production dropped unexpectedly in February even before the outbreak of war in the Middle East, data from Destatis revealed on Thursday. Industrial production fell 0.3 percent in February compared to January, when it was flat. Production was expected to grow 0.6 percent.
April 09, 2026 05:19 ETOil prices rebounded on Thursday after nosediving in the previous session following a conditional ceasefire agreement between the United States and Iran. Benchmark Brent crude prices traded up more than 3 percent at $98.15 a barrel after a 13 percent plunge in the previous session. WTI crude...
April 10, 2026 05:27 ETOil prices climbed on Friday but were on track for their steepest weekly loss since June 2025 ahead of U.S. oil and gas rig count data from Baker Hughes later in the day and U.S.-Iran diplomatic talks scheduled for the weekend. Brent crude prices rose nearly 2 percent toward $98 a barrel after reports...
April 13, 2026 09:57 ETThe escalation in the Middle East conflict and the spike in crude oil prices weakened global market sentiment.