Diplomatic progress between Washington and Tehran sparks speculation of eased sanctions, pressuring crude markets. Oil futures fell in early Asian trading as optimism grew over a potential revival of the 2015 nuclear accord between the US and Iran. Reports indicated progre
Trade Balance -1.841bn expected +4.400bn, prior +5.686bn Exports -2.7% m/m prior +4.9% Imports +14.1% m/m prior -3.2% This article was written by Eamonn Sheridan at investinglive.com.
Optimism over a potential Iran nuclear agreement sparks risk-on sentiment, driving Japanese equities higher ahead of the reopening. Nikkei 225 futures climbed sharply in early trading as investors reacted to signs of progress in Iran nuclear negotiations. The potential dea
Bank of Canada Governor: July monetary policy report inflation forecasts to stay steady after including the government fiscal update.| FJ
April CPI acceleration in South Korea reflects higher energy prices, though subsidies and price caps eased broader inflationary pressures. South Korea’s consumer price index rose in April, driven by higher energy costs. The increase reflects rising global oil prices but wa
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Logistics provider GXO raises its 2026 outlook, citing strong demand and dismissing competitive threats from Amazon. GXO Logistics increased its 2026 earnings forecast, reflecting robust client demand and operational improvements. The company now expects adjusted EBITDA gr
The food giant cites rising costs as it prepares workforce reductions outside the U.S. in 2026 to protect margins. Kraft Heinz will cut 400 jobs abroad in 2026 as part of a cost-saving initiative to counter persistent inflation. The company warned that higher input costs c
April data signals strengthening business activity, potentially easing recession concerns in the Canadian economy. Canada’s Ivey Purchasing Managers’ Index rose to 63.5 in April, marking its highest level in seven months. The increase suggests a rebound in business activit