Global investors boosted their investments in American equity funds at an unprecedented rate following the de-escalation news between the United States and Iran, coupled with the excitement surrounding SpaceX's record placement. For the week ending June 17, net inflows into these funds approached nearly $120 billion, based on estimates from EPFR and Bank of America. The primary focus was on the...

Pan Gongsheng, the governor of the People's Bank of China, revealed new financial policy initiatives during the two-day forum that takes place each year in Lujiazui. He declared that the central bank will enhance the regulation mechanism for short-term interest rates and will also investigate the potential development of a macroprudential liquidity support tool for non-bank financial entities, as...

Analysts at Goldman Sachs have reduced their average Brent crude price estimate for 2026 from $90 to $85 per barrel after the announcement of a memorandum regarding the preliminary resolution of the US-Iran conflict, according to a report from The Wall Street Journal, referencing a bank document. Analysts at Morgan Stanley reduced their prediction for the Dated Brent crude benchmark price in the...

According to initial data from the Organization for Economic Cooperation and Development (OECD), the economies of G20 nations increased by 0.7% in the first quarter of 2026 in comparison to the preceding three months. A comparable rise was observed in the last quarter of 2025. As per the OECD report, the economic conditions have gotten better in many nations. For instance, South Korea's GDP...

Venezuela has finalized five deals with the British oil and gas firm Shell for natural gas enhancement and oil extraction, according to Reuters. "The agreements signify a significant milestone that will facilitate the systematic use of oil and gas for export, yielding substantial advantages for Venezuela," Delcy Rodriguez, the acting president of Venezuela, stated on the Venezolana de Televisión...

In May, solar power plants (SPS) produced 12.8% of the total electricity generation in the US, while coal-fired power plants contributed 12.2%, based on analysis by the think tank Ember. This indicates that renewable energy production has surpassed fossil fuel-based power generation for the first time in a month. Natural gas continues to be the leading source of electricity, representing 37%, as...

The European Central Bank (ECB) announced its decision to increase interest rates by 0.25 percentage points. This marks the ECB's initial rate increase since September 2023. The base rate has increased to 2.4%. The deposit rate grew to 2.25%, while the marginal lending rate has been raised to 2.65%. The ECB recognized that the conflict in the Middle East has heightened inflationary pressures. As...

The European Union aims to implement extra carbon fees on international airlines and allocate the revenue to support green energy, based on an EU document quoted by Bloomberg. The announcement of the proposal is anticipated next month as a component of the reform of the European Union's Emissions Trading System (ETS). According to the regulations implemented in 2012, international carriers are...

The OECD has released an updated baseline forecast indicating that the global economy is expected to grow by 2.8% in 2026, down from the 3.4% growth projected for 2025. The estimate has been slightly reduced because of the conflict in the Middle East and because of the interruptions in energy supply through the Strait of Hormuz.  If the conflict persists, the organization's analysts predict...