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.
June 16, 2026 20:01 ETThe value of core machinery orders in Japan was up a seasonally adjusted 8.7 percent on month in April, the Cabinet Office said on Wednesday - coming in at 1,098.5 billion yen. That exceeded expectations for an increase of 1.2 percent following the 9.4 percent drop in March. On a yearly basis,...
June 16, 2026 22:37 ETIndian shares may open higher on Wednesday as a continued fall in oil prices helped ease worries about inflation and the outlook for interest rates. That said, investors remain cautious over the U.S.-Iran peace deal due to lack of clarity over the specifics of the deal that will be formally signed...
June 16, 2026 14:43 ETExtending three consecutive sessions of losses, crude oil prices were in freefall on Tuesday with transit disruption concerns fading due to an imminent U.S.-Iran deal.
June 16, 2026 09:34 ETOptimism surrounding the preliminary U.S.-Iran deal as well as uncertainty surrounding the actual terms of agreement swayed global market sentiment.