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Full inflationary impact of energy shock has yet to play out, ECB's Lagarde says

European Central Bank monitors ongoing energy shock as its leader warns about lingering inflationary effects amid decision to hold key interest rates steady23 July 2026

Oil tops $100 as Middle East tensions threaten supplies

Brent crude futures climbed to their highest level since May 2723 July 2026

Wheat prices hit 2-year high amid Russia-Ukraine tensions, drought concerns

Wheat climbs to its highest since May 2024, led by escalating Black Sea conflict, El Nino weather impacting global producers23 July 2026

US weekly jobless claims unexpectedly fall sharply to lowest level since 1969

Initial claims drop by 22,000, well below market forecast of 211,00023 July 2026

European Central Bank holds rates after June hike amid Middle East energy shock

Deposit facility rate remains at 2.25% as bank monitors inflationary effects of higher energy prices23 July 2026

EasyJet’s quarterly profit plunges 70% on higher fuel costs

Middle East conflict adds $140.3M to fuel bill as passenger numbers, load factor decline23 July 2026

EXPLAINER - Why Trump’s temporary global tariffs are expiring and what comes next

Washington shifts toward targeted trade investigations to rebuild protectionist import barriers23 July 2026

Türkiye’s central bank holds policy rate at 37% for 4th consecutive meeting

Underlying inflation trend eases slightly in June, domestic demand continues to weaken, central bank says 23 July 2026

Global markets enjoy tech, artificial intelligence gains ahead of major interest rate decisions

Tech giants Alphabet and IBM’s strong earnings keep risk appetite alive even as escalating US-Iran tensions drive up oil prices, fueling further Fed rate hike estimates23 July 2026

Greece secures Russian LNG exemption in EU’s 21st sanctions package

European companies allowed to continue transporting Russian LNG to third countries under contracts concluded before Feb. 24, 202223 July 2026

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