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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
British Pound: Fiscal relief supports recovery versus US Dollar – MUFG
MUFG's Lee Hardman highlights a sharp GBP rebound, with GBP/USD back above 1.3400 as reports suggest Andy Burnham would keep existing United Kingdom (UK) fiscal rules.
US Dollar Index: Upside risks build on Iran headlines – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner see upside risks for the Dollar as bond markets remain volatile and Middle East developments drive sentiment.
Canada New Housing Price Index (YoY) remains at -2.3% in April
Canada New Housing Price Index (YoY) remains at -2.3% in April
Canada Consumer Price Index - Core (MoM) rose from previous 0% to 0.1% in April
Canada Consumer Price Index - Core (MoM) rose from previous 0% to 0.1% in April
Canada New Housing Price Index (MoM) below expectations (0%) in April: Actual (-0.4%)
Canada New Housing Price Index (MoM) below expectations (0%) in April: Actual (-0.4%)
Canada Consumer Price Index (YoY) registered at 2.8%, below expectations (3.1%) in April
Canada Consumer Price Index (YoY) registered at 2.8%, below expectations (3.1%) in April
Canada Consumer Price Index (MoM) below expectations (0.6%) in April: Actual (0.4%)
Canada Consumer Price Index (MoM) below expectations (0.6%) in April: Actual (0.4%)
Canada BoC Consumer Price Index Core (MoM) unchanged at 0.2% in April
Canada BoC Consumer Price Index Core (MoM) unchanged at 0.2% in April
Canada Building Permits (MoM) came in at 10.3%, above expectations (4%) in March
Canada Building Permits (MoM) came in at 10.3%, above expectations (4%) in March
Canada BoC Consumer Price Index Core (YoY) declined to 2.1% in April from previous 2.5%
Canada BoC Consumer Price Index Core (YoY) declined to 2.1% in April from previous 2.5%
ADP Employment Change 4-week average increases to 42.25K
Private-sector hiring in the United States (US) remains strong according to the ADP National Employment Report (NER) Pulse: For the four weeks ending May 2, the private sector added an average of 42, ...
Brent: Backwardation cushions risk assets – Deutsche Bank
Deutsche Bank’s Henry Allen notes that despite the Iran conflict and higher long-dated Oil prices, risk assets and equities have remained resilient as the Brent curve stays heavily backwardated.