The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis suggesting that central bank actions—particularly in the short term—will dictate the immediate winners and losers in the foreign exchange markets.Thu Lan Nguyen, head of FX and commodity…
Unemployment in the United Kingdom unexpectedly fell in the three months to February, offering a brief sign of resilience…
Fifty days into a war that has rewritten the rules of global energy, the Strait of Hormuz has opened…
British consumer morale dropped sharply last month, hitting its lowest level since mid-2023, according to two surveys released on…
US markets rallied sharply on Friday after Iran declared the Strait of Hormuz fully open and US President Donald…
Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential…
The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that…
The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation…
The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued resilience in the…
