16+ hour, 3+ min ago   (393+ words) Asian equity markets were mixed to weaker. Japan's Nikkei fell around 1% and South Korea's KOSPI declined around 2%, while mainland Chinese indexes traded more evenly, with the Shanghai Composite gaining 0.16%, the Shenzhen Component slipping 0.25%, and the ChiNext down 0.47%. Separately, Goldman Sachs…...

21+ hour, 16+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...

22+ hour, 49+ min ago   (234+ words) Lagarde says the inflation shock from the Iran war has further to run, while separately warning that sky-high AI valuations could be due a correction. European Central Bank president Christine Lagarde said the current inflation shock facing the euro area…...

3+ day, 16+ hour ago   (116+ words) Anthropic's research maps three AI futures, with extreme scenario threatening knowledge work and economic stability. Brent and WTI climb 13% weekly, hitting multi-month highs as Gulf tensions escalate, with WTI eyeing $119.48 retest. UK GDP beats forecasts with 0.4% July growth, but oil…...

3+ day, 18+ hour ago   (264+ words) Her prior comments linking Middle East-driven oil prices above $100 a barrel to inflation risk are the more market-relevant thread to watch for repetition, since any escalation in that language would sit alongside the broader energy-driven inflation story already playing out…...

3+ day, 22+ hour ago   (144+ words) I'll get more up on this soon, but this is moving oil: Also, Iran has struck 2 vessels with 4 missiles in the US-backed southern Omani corridor of the Strait of Hormuz. the vessels were transiting under US escort. Google bets €13B on…...

4+ day, 8+ hour ago   (454+ words) Oil prices and bond yields continue to push higher in European trading today, offering a timely reminder to broader markets that inflation risks remain very much in focus. Brent crude is up over 1% to above $102, while WTI crude now up…...

4+ day, 12+ hour ago   (869+ words) The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.50% today, with the move already fully priced in by the markets. With the rate decision itself unlikely to provide much of a surprise, the…...

4+ day, 7+ hour ago   (283+ words) The euro sold off ahead of the announcement in a broad USD rally but it's bounced slightly to 1.1618. This is the second rate hike this year but was widely signaled ahead of time. Changes to economic forecasts: The ECB raised…...