Oil prices have surged sharply, surpassing $100 per barrel, threatening Poland's inflation outlook and hindering hopes for rate cuts. On March 23, the National Bank of Poland lowered borrowing costs but indicated that inflation might remain contained. As tensions rise in the Middle East, concerns grow about the impact of rising energy prices on the European economy.
Global markets are closely monitoring upcoming US inflation data, with headline CPI forecasts holding at 3.3%. While oil prices previously faced pressure, new expectations point toward a potential price surge that could test the US Dollar's underlying strength. The technical outlook for the greenback has shifted…
Read the full storyFinancial analysts have downwardly revised India's GDP growth projections for the upcoming year, citing severe energy supply disruptions. These revisions are primarily driven by the escalating conflict in the Middle East, which threatens critical maritime trade routes essential for energy security. As the world's…
Norges Bank has signaled its readiness to raise interest rates soon, marking a hawkish shift in its monetary policy stance. According to analysts at ING, expectations are mounting for a potential rate increase as early as May 2026. The central bank's concerns stem from inflation that is now broad-based across the…
Light sweet crude oil prices are rallying as markets digest ongoing diplomatic efforts between the U.S. and Iran, with Brent Crude remaining below the $100 per barrel mark. This upward movement comes as retail consumers feel the pinch, with the average price of gasoline in the U.S. rising by $1 since the onset of the…