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 13, 2026 03:45 ETFrance's consumer price inflation rose to its highest level since mid-2024 in April, driven primarily by sharp acceleration in energy prices, final data from the statistical office INSEE showed Wednesday. Consumer price inflation rose to 2.2 percent in April, in line with the flash estimate, and up...
May 13, 2026 05:51 ETOil prices were slightly lower on Wednesday after three days of strong gains. Brent crude futures for July delivery slipped 0.3 percent to $107.46 a barrel while WTI crude futures for June delivery were down 0.6 percent at $101.58. Traders booked some profits at higher levels after the International...
May 13, 2026 14:42 ETPartially offsetting the gains from the two previous sessions, crude oil prices have pulled back on Wednesday as the upcoming negotiations between the presidents of the U.S. and China have increased expectations of an end to the U.S.-Iran standoff despite OPEC and IEA oil forecast reports warning of a supply-demand mismatch.
May 15, 2026 08:03 ETGlobal market sentiment weakened as anxiety about the Middle East war, the energy price shock, inflation spike and the resultant rise in interest rates weighed heavily on sentiment.