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Japan’s Producer Inflation Cools Sharply in May, Signaling Easing Cost Pressures
Japan’s producer price inflation slowed markedly in May 2026, pointing to easing cost pressures at the wholesale level. The Producer Price Index (PPI) rose 0.9% month-over-month in May, down from...
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Japan’s Producer Inflation Accelerates to 6.3% YoY in May, Signaling Rising Cost Pressures
Japan’s producer price inflation picked up notably in May 2026, underscoring growing cost pressures at the wholesale level. The country’s Producer Price Index (PPI) rose 6.3% year-over-year...
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Oil Rises After Fresh US Strikes on Iran
Crude oil rose back above $89 per barrel on Wednesday, recovering part of the previous session’s sharp losses after the US carried out new strikes against Iran in response...
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NZX 50 Trades Lower in Morning Trade
The NZX 50 fell 44 points, or 0.3%, to 13,160 in Wednesday morning trade, wiping out the previous session’s gains and pulling back from its highest level since...
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US Oil Stockpiles Fall More Than Expected
US crude oil inventories declined by 9.1 million barrels in the week ended June 5, far exceeding expectations for a 3.4 million-barrel draw and following a 6.7 million-barrel drop...
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U.S. API Crude Stocks Fall More Than Expected, Signaling Stronger Demand
U.S. crude oil inventories tracked by the American Petroleum Institute (API) posted a deeper-than-previous draw in the latest week, pointing to firmer demand or tighter supply conditions in the world’s...
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Brazil Equities Rise on Oil Pullback
The Ibovespa rose 0.7% to close at 169,813 on Tuesday, as declining oil prices eased inflation concerns and drove bond yields lower, bolstering financial stocks and the broader market. Among...
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TSX Slips as Mining and Energy Losses Weigh
The S&P/TSX Composite Index slipped 0.2% to close at 34,412 on Tuesday, pressured by declines in the mining, energy, and technology sectors. Mining stocks fell as gold prices weakened amid...
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S&P 500 and Nasdaq Close Lower
The S&P 500 and Nasdaq fell 0.25% and 1%, respectively, on Tuesday, even as oil prices retreated, as the recent rebound in semiconductor shares lost momentum. Chip stocks came under...
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Argentina Industrial Output Falls in April
Argentina’s industrial production contracted by 2.8% year-on-year in April 2026, reversing a 5% expansion recorded in March. Output fell in 12 of the 16 manufacturing sectors. The steepest declines were...