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  • European Shares Decline Amid Uncertainty Surrounding US-Iran Talks June 03, 2026 05:05 ET

    European stocks edged lower on Wednesday as renewed Middle East tensions continued to push oil prices higher, clouding the outlook for inflation and interest rates. Brent crude futures jumped nearly 3 percent toward $99 a barrel after the U.S. military said it had thwarted Iranian missile attacks...

  • European Shares Seen Tad Lower At Open June 03, 2026 01:41 ET

    European stocks are seen opening a tad lower on Wednesday as investors weigh AI optimism against mounting economic concerns. Markets now see an ECB rate hike next week after Eurozone inflation rose to the highest since 2023 in May, driven by energy and services. In a speech prepared for the University...

  • UK Mortgage Approvals At 15-Month High June 02, 2026 08:58 ET

    UK mortgage approvals rose to a 15-month high in April despite higher borrowing costs, data from the Bank of England showed Tuesday. Mortgage approvals unexpectedly increased to 65,945 in April from 63,979 in the previous month. This was the highest since January 2025 and was above forecast of 62,000.

  • British Paralympian Could Become First Astronaut With Disability To Enter Space June 02, 2026 08:47 ET

    British Paralympic sprinter and surgeon John McFall is set to become the first physically disabled astronaut to enter the aerospace. John, an NHS surgeon who lost his right leg in a motorcycle accident at the age of 19, was selected by the European Space Agency in 2022 for its ground-breaking Fly! Project, which is pioneering the inclusion of astronauts with physical disabilities in long-duration

  • European Shares Edge Higher As Trump Says Iran Talks Remain Active June 02, 2026 05:24 ET

    European stocks traded higher on Tuesday and oil prices fell more than 1 percent as U.S. President Donald Trump confirmed ongoing U.S.-Iran talks and said he had persuaded Israel and Hezbollah to dial back fighting. Meanwhile, a European Parliament committee has approved removing most EU duties on...

  • European Shares Seen Tad Higher At Open June 02, 2026 01:40 ET

    European stocks look set to open a tad higher on Tuesday despite renewed uncertainty over U.S.-Iran peace negotiations. After Iran suspended indirect negotiations with the United States and insisted there can be no peace that doesn't include Lebanon, the Lebanese government announced that a limited...

  • European Shares Subdued As US And Iran Exchange Renewed Fire June 01, 2026 05:09 ET

    European stocks were flat to slightly lower on Monday as investors weighed the latest developments in the Middle East and monitored oil prices movements. Brent crude futures jumped more than 3 percent toward $94 a barrel after the United States and Iran exchanged fire over the weekend, and Israeli...

  • UK Nationwide House Prices Fall In May June 01, 2026 03:54 ET

    UK house prices declined for the first time this year amid high uncertainty over the developments in the Middle East and its impact on inflation and market interest rates, data from Nationwide Building Society showed Monday. House prices dropped 0.6 percent month-on-month in May, in contrast to the 0.4 percent rise in the prior month. This was the first monthly drop so far this year.

  • European Shares Rise On Hopes Of US-Iran Peace Deal May 29, 2026 05:02 ET

    European stocks advanced on Friday, the dollar headed for a small weekly loss on improved risk sentiment in markets, and oil prices slipped to a one-month low after reports emerged the United States and Iran have agreed in principle to extend their ceasefire by 60 days. According to the tentative...

  • European Shares Set For Firm Opening On Hormuz Deal Hopes May 29, 2026 01:39 ET

    European stocks are seen opening broadly higher on Friday after reports suggested that the U.S. and Iran have reached a temporary agreement to extend their ceasefire by 60 days, resume unrestricted shipments through the Strait of Hormuz, and begin negotiations over Tehran's nuclear program. Commenting...

  • European Shares Edge Lower As US-Iran Tensions Escalate May 28, 2026 05:30 ET

    European stocks edged lower on Thursday after the U.S. conducted fresh self-defense strikes in southern Iran and Tehran also targeted strikes on a U.S. air base, driving up global oil prices and reviving inflation concerns. The pan-European STOXX 600 fell 0.7 percent to 623.91 after ending marginally...

  • European Shares Poised For Lower Open After New US Strikes On Iran May 28, 2026 01:38 ET

    European stocks are seen opening lower on Thursday as investors weigh renewed U.S.-Iran tensions and await the release of the Fed's favorite inflation gauge, the core PCE price index, later in the day for fresh clues on the monetary policy path forward under new chair Kevin Warsh. Amid elevated energy...

  • UK To Sign New Defense And Security Treaty With Poland May 27, 2026 08:14 ET

    The UK is set to sign a new defense and security treaty with Poland to protect British borders, tackle organised crime, bolster collective defences and deepen cooperation with the European Union. UK Prime Minister Keir Starmer will host his Polish counterpart, Donald Tusk, in London Wednesday, as they prepare to sign the new agreement to strengthen defense cooperation in the face of increasing ho

  • European Shares Edge Up In Cautious Trade May 27, 2026 05:15 ET

    European stocks edged up in cautious trade on Wednesday despite heightened inflation concerns and expectations that major central banks could raise borrowing costs soon. In geopolitical news, media reports suggest that the release of frozen Iranian assets has emerged as the main sticking point in...

  • European Shares Seen Mostly Higher On Iran Peace Deal Hopes May 27, 2026 01:35 ET

    European stocks are seen opening a tad higher on Wednesday, even as London's FTSE 100 may open in the red as oil prices declined on improved prospects of a U.S.-Iran deal. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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