Japan's day-ahead spot electricity prices surged to $0.15 (24.78 Japanese yen) per kilowatt-hour (kWh) on Wednesday,…
Tag: inflation
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…
New Zealand Q2 inflation rises to 4.1%, highest in 2.5 years
New Zealand's annual inflation accelerated to 4.1% in the second quarter, reaching its highest level in…
Climate Change Could Raise India’s Inflation by 100 Basis
India's inflation dynamics are increasingly influenced by climate change, according to a report from the Reserve…
Eurozone inflation falls to 2.8%, ECB policy decision
Eurozone inflation was confirmed at 2.8% for June, marking the first decline this year. The figure,…
Brent crude rises above $90 as Middle East tensions escalate
Brent crude oil prices surged above $90 per barrel on Monday, marking the first time in…
NZ inflation data looms as Australia, NZ dollars fluctuate
The Australian and New Zealand dollars faced volatility on Monday amid rising tensions in the Middle…
Bond Traders Expect Continued Inflation Fight from Fed Chair
Bond traders and U.S. Federal Reserve Chair Kevin Warsh agree that the central bank's battle against…