Fuel prices in Australia reached their highest levels since March, driven by escalating tensions in the…
Tag: inflation
MAS Tightens Monetary Policy Slightly, More Moves Possible
The Monetary Authority of Singapore (MAS) tightened its monetary policy on July 27, raising the rate…
Aussie, Kiwi Dollars Rise as Oil Prices Fall Amid Rate
The Australian and New Zealand dollars strengthened on Monday, July 27, as falling oil prices eased…
Fed Meeting Set for Debate as Inflation Pressures Mount
The upcoming Federal Open Market Committee meeting on Tuesday and Wednesday is expected to feature significant…
Trump Trade Index Falls 16% Amid Iran War and Inflation
The Trump Trade Index has declined by approximately 16% since May, reflecting a broader downturn in…
ECB Holds Rates Steady Amid Rising Energy Prices, Iran
The European Central Bank (ECB) decided on Thursday to keep its benchmark deposit rate unchanged at…
Japan’s Power Prices Reach 3.5-Year High Amid Oil Surge
Japan's day-ahead spot electricity prices surged to $0.15 (24.78 Japanese yen) per kilowatt-hour (kWh) on Wednesday,…
UK Government Eliminates 5% VAT on Electricity Bills
The UK government announced on Tuesday that it will eliminate the 5% value-added tax (VAT) on…
Singapore inflation expectations rise to 3.4% amid concerns
Households in Singapore have raised their inflation expectations for the coming year, with the one-year-ahead headline…
Gold Steady as Traders Watch Middle East Developments
Gold prices remained steady on Wednesday, trading around $4,000 an ounce as traders assessed the ongoing…