UK Prime Minister Unveils Energy Bill VAT Cut
UK Prime Minister Burnham announced a temporary VAT reduction on energy bills, aiming to ease cost of living pressures for households.
Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
UK Prime Minister Burnham announced a temporary VAT reduction on energy bills, aiming to ease cost of living pressures for households.
Global markets are closely monitoring geopolitical developments between the US and Iran, influencing crude oil prices and Treasury yields.
Gold prices in Saudi Arabia saw an increase on Tuesday, reflecting broader market movements and investor sentiment.
Gold prices in the Philippines saw an increase on Tuesday, reflecting broader movements observed in the international market.
USD/CAD pair sees renewed buying interest for the second consecutive day, climbing from its lowest point since mid-June.
Gold prices in the United Arab Emirates saw an increase on Tuesday, reflecting trends observed in global commodity markets.
Iran's Revolutionary Guards Corps (IRGC) reportedly claimed responsibility for striking US military installations in Bahrain and Kuwait.
Gold prices in Pakistan registered an increase on Tuesday, reflecting broader movements in the precious metals market.
Global markets are reacting to escalating geopolitical risks, particularly in the Middle East, alongside persistent inflation and central bank actions.
New Zealand's central bank's preferred inflation gauge projects a sustained rate of 2.7% year-on-year into Q2 2026.
Recent intelligence suggests Iran has moved nuclear centrifuges to a fortified underground site, potentially escalating regional tensions.
Goldman Sachs suggests Brent crude could exceed $120 per barrel by late 2026 if Strait of Hormuz disruptions persist, revising long-term outlook.
New Zealand's Q2 inflation exceeded forecasts, boosting the NZD, with focus now shifting to the RBNZ's core inflation data.
Upcoming decisions regarding Iran could lead to either a significant oil price decrease or a substantial increase, creating market uncertainty.
The British Pound found equilibrium against the US Dollar after recent declines, as market participants assess Bank of England policy and UK political shifts.
Silver prices have seen an uptick, extending recent gains as the US Dollar shows signs of easing, influencing commodity markets.
The New Zealand Dollar strengthened against the US Dollar following the release of hotter-than-anticipated inflation figures.
Crude oil prices are consolidating near recent highs as ongoing geopolitical developments in the Middle East continue to unfold.
The People's Bank of China established the USD/CNY central parity at 6.7917, a slight adjustment from the prior trading day's rate.
West Texas Intermediate (WTI) crude oil extended its decline for a second day, trading below $82 per barrel on Tuesday.
Canadian Prime Minister Mark Carney expressed readiness to intensify trade discussions following new US tariffs, as the Canadian dollar softened.
The European Central Bank is widely anticipated to keep its key interest rate at 2.25%, with future moves dependent on evolving global events.
New Zealand's Q2 inflation surprised to the upside at 4.1% year-on-year, primarily driven by surging fuel costs, strengthening RBNZ tightening prospects.
Gold prices eased in early Asian trading on Tuesday, influenced by heightened geopolitical tensions between the US and Iran, which fueled inflation worries.
Real-time quotes powered by TradingView