
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026
Mar 12, 2026 01:59 am UTC| Business Central Banks Economy
ANZ has joined Westpac in predicting that the Reserve Bank of Australia will raise interest rates at both its March and May 2026 meetings. Analysts cite persistent inflation and a resilient labor market as the primary...

UK Housing Market Slows Amid Geopolitical Tensions and Mortgage Rate Fears
Mar 12, 2026 01:43 am UTC| Economy
Britains housing market is showing signs of cooling as prospective buyers grow increasingly cautious in response to escalating geopolitical tensions and the threat of prolonged high mortgage rates. According to a recent...

U.S. Futures Slide as Oil Prices Surge on Middle East Shipping Attacks
Mar 12, 2026 01:36 am UTC| Economy
U.S. stock index futures dropped Wednesday evening as surging oil prices rattled investor confidence, driven by fresh attacks on oil tankers near the Strait of Hormuz and mounting fears over global energy supply...

Gold Prices Slip as U.S.-Israel-Iran War Fuels Dollar and Oil Demand
Mar 12, 2026 01:32 am UTC| Economy
Gold prices retreated during Asian trading hours on Thursday, slipping back into the $5,000$5,200 per ounce range that has dominated markets for over a week. The ongoing conflict involving the U.S., Israel, and Iran...

Oil Prices Surge Toward $100/Barrel After Tanker Attacks in Iraqi Waters
Mar 12, 2026 01:25 am UTC| Economy
Oil prices climbed sharply during Asian trading on Thursday, pushing close to the psychologically significant $100 per barrel mark following reports of two tanker attacks in Iraqi waters near the northern Persian Gulf. The...

Venezuela Names Paula Henao as New Oil Minister Amid U.S.-Led Industry Overhaul
Mar 12, 2026 01:16 am UTC| Politics Economy
Venezuelas acting President Delcy Rodriguez has appointed Paula Henao as the countrys new oil minister, marking a significant leadership shift as the South American nation undergoes a sweeping transformation of its energy...

IEA Releases Record 400 Million Barrels of Oil Amid U.S.-Iran War
Mar 12, 2026 00:56 am UTC| Politics Economy
The International Energy Agency has approved an unprecedented release of 400 million barrels of oil from strategic reserves held by its 32 member nations, marking the largest coordinated stockpile drawdown in the agencys...