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 14, 2026 18:04 ETHong Kong will on Friday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 2.9 percent on quarter and 5.9 percent on year. Malaysia will provide Q1 data for GDP and current account. GDP is expected...
May 14, 2026 05:14 ETEuropean stocks traded higher on Thursday as U.S.-China talks got underway and official data showed the U.K. economy grew at a faster pace in the first quarter, driven by contribution from all three sectors. U.K. GDP increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion....
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 09:52 ETSentiment in global markets improved as crude oil prices fell following reports in the Iranian media about a temporary waiver of sanctions on Iranian crude oil.