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 17, 2026 04:49 ETHungary's average gross earnings growth eased to the lowest level in four months. Average gross earnings grew 9.0 percent annually in April, slower than the 9.2 percent growth in March. The average gross earnings were HUF 772,165 in April compared to HUF 779,752 in the previous month. Net earnings increased by 11.2 percent, and real earnings were 8.9 percent higher than a year earlier.
June 17, 2026 05:31 ETOil prices edged up slightly on Wednesday, after having fallen sharply in the previous session on expectations of increased supply. Brent crude futures for August delivery were up 0.2 percent at $79.10 a barrel after tumbling 5 percent on Tuesday amid investor optimism for an end to the U.S.-Iran...
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.