India’s rupee is under mounting pressure as oil prices stay elevated, with ING Economics ’ Deepali Bhargava warning that weak capital inflows, rather than the current account deficit, are driving the sharp depreciation. Policymakers have shielded consumers with subsidies, but the strain has shifted to the currency.India’s resilience to the…
US consumer confidence edged lower in May as rising gasoline prices and growing concerns over the economic fallout from…
The ASX 200 Index remained in a tight range while Australian bond yields fell after the latest consumer inflation…
Japan’s underlying inflation picked up in April on a new Bank of Japan measure that strips out one-off policy…
British shop price inflation accelerated in May as retailers faced higher energy bills and disruption linked to the Iran…
British retailers continued to report weak sales activity in May as consumer demand remained under pressure, although the downturn…
The NZD/USD exchange rate pulled back today, May 25, as forex traders for the upcoming Reserve Bank of New…
President Donald Trump’s deal with Iran to reopen the Strait of Hormuz is drawing some notable critics who believe…
Kevin Warsh delivered his first public speech as chair of the Federal Reserve on Friday, outlining a reform-focused vision…