Economy News

Economy

Global Oil Demand Set to Rise: IEA Forecasts 1.1M bpd Growth by 2025

The International Energy Agency forecasts a growth in global oil demand to 1.1 million bpd by 2025, with China, India, and Other Asia leading the increase. Global oil supply is als...

Economy

ECB Stands Firm on 2% Inflation Goal: A Deep Dive into Eurozone's Economic Strategy

The European Central Bank (ECB) has reiterated its commitment to a 2% inflation target for the Eurozone, with future monetary policy decisions to be based on incoming data. The ECB...

Economy

January Sees a Surprising 0.4% Rise in US Producer Prices, Beating Expectations

The US Producer Price Index (PPI) for final demand rose by 0.4% in January, surpassing analysts' expectations. Over the past year, the index increased by 3.5%, with services and go...

Economy

Trump to Enforce Reciprocal Tariffs: A Strategic Move Set for April Launch

US President Donald Trump is set to approve reciprocal tariffs, with a delayed implementation possibly starting April 1. This strategic move, involving a procedural approach throug...

Economy

January Sees a 0.4% Surge in US Producer Prices, Exceeding Expectations

The US Producer Price Index (PPI) for final demand increased by 0.4% in January, exceeding analysts' expectations. The index for final demand services rose by 0.3%, while final dem...

Economy

US Job Market Shows Resilience: Initial Jobless Claims Drop to 213,000

The US job market remains strong with initial jobless claims dropping to 213,000, slightly below estimates. The 4-week moving average also decreased, and the insured unemployment r...

Economy

Trump Poised to Enact Reciprocal Tariffs: A Strategic Move Delayed Until April?

US President Donald Trump is expected to approve reciprocal tariffs with a delayed implementation, possibly starting April 1. This move involves a presidential memorandum directing...

Economy

US Natural Gas Reserves Dip: A 100 Bcf Decrease Signals Market Shifts

The US natural gas inventories decreased by 100 Bcf to 2,297 Bcf for the week ending February 7, marking a 9.7% drop from last year and a 2.8% decrease from the five-year average, ...