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Global Markets React: Oil Prices Climb Amidst US-Iran Tensions Impact
International crude oil prices surged on Tuesday as uncertainty surrounding US-Iran negotiations persisted, leading to apprehensions about reopening the vitally significant Strait of Hormuz for oil transit.
Hopes for Middle East de-escalation were dash…
China’s Consumer Spending Dips Amid Economic Slowdown
China’s consumer confidence slipped in April to its lowest level since mid-2025, signaling a challenging road ahead. Household repayment of loans persisted into May, resulting in a contraction of bank lending to the sector for the second consecut…
Surge in Chinese Factory-Gate Inflation Signals Economic Strength
China’s manufacturing sector saw a significant rise in factory-gate inflation in May, with the index surging to a nearly 4-year high. This increase outpaced market expectations, underlining the country’s robust economic recovery amidst glob…
S&P 500 Inch Upward Amid AI Enthusiasm and Iran Stalemate
The S&P 500 ended slightly higher on Monday, buoyed by optimism around artificial intelligence technologies despite a lull in earnings fervor towards the close of the reporting season and escalating crude oil prices raising inflation concerns amid…