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UK Posts Record Budget Surplus, £30 Billion January Windfall
The UK government recorded the largest monthly budget surplus in its history in January, posting a surplus of £30.4 billion. This marks the highest figure since records began in 1993 and represents a sharp turnaround fro...
1 week ago
23 minutes
Oil Oversupply in 2026, Why Prices Are Still Holding Up
At the start of 2026, most oil analysts expected the global crude market to be weighed down by a significant supply glut, keeping prices under pressure throughout the year. After all, oil prices had already fallen by aro...
1 week ago
22 minutes
Trade Tensions Resurface, A Fresh Wave of Global Uncertainty
Barely 24 hours after announcing a 10% global tariff, Donald Trump reversed course and lifted the rate to 15%. In a post on Truth Social, he said the move followed a detailed review of the recent Supreme Court ruling tha...
1 week ago
22 minutes
U.S. Nears Iran Confrontation,Political Risks for Trump
As the United States edges closer to a potential military confrontation with Iran, President Donald Trump’s foreign policy focus has intensified—raising concerns among some advisers that domestic economic issues may be t...
1 week ago
21 minutes
6,200 Gold Target, UBS Turns Strongly Bullish
UBS has set a bold new price target of $6,200 per ounce for gold in its latest commodities outlook, citing rising Middle East tensions and a supportive macroeconomic backdrop. Gold is currently trading around $5,035 per ...
1 week ago
21 minutes
Oil in Fragile Balance, US-Iran Talks in Focus
Oil prices edged slightly higher on Wednesday, though they remained near two-week lows. The modest rebound followed a nearly 2% drop in the previous session, investors continued to assess progress in U.S.–Iran nuclear ta...
2 weeks ago
18 minutes
Inflation at 2.83% in Late 2025,Still Above the Fed’s Target
While official data suggest that U.S. inflation has eased in recent months, a new study from the New York Federal Reserve presents a more cautious view. Accordin Consumer Price Index, core inflation slowed to 2.5% in Jan...
2 weeks ago
18 minutes
Fed and the Inflation Challenge, AI’s Role in the US Economy
Mary Daly, President of the San Francisco Federal Reserve, stressed that the central bank must ensure inflation continues to move sustainably lower. While advances in artificial intelligence could boost productivity and ...
2 weeks ago
18 minutes
USD/JPY Slips Below 153, Yen Strength Gains Momentum
The USD/JPY pair came under renewed selling pressure on Tuesday, slipping below the 153.00 level as expectations of further policy normalization by the Bank of Japan boosted demand for the yen. At the same time, subdued ...
2 weeks ago
17 minutes
Stronger Global Euro,Upward Bias for EUR/USD
ING analysts believe that the European Central Bank’s expansion of its EUREP repo facility could strengthen the euro’s international standing and support a higher EUR/USD rate over the medium term. Greater global demand ...