India's gasoline, diesel consumption rises in June, preliminary data shows
India's gasoline and diesel sales continued to rise in June, according to preliminary data from the Petroleum Planning and Analysis Cell of the federal oil ministry.
dow-jones
Warren Asks Fed Watchdog to Review Bowman Appearance at Bank Event — WSJ
By Nick TimiraosSen. Elizabeth Warren (D., Mass.), the top Democrat on the Senate Banking Committee, asked the Federal Reserve's inspector general on Wednesday to review whether Michelle Bowman, the vice chair for bank supervision, violated the central bank's rules by speaking at a private Bank of…
NEWS reuters
Fed's Warsh plans to harness better economic data within a year
By Howard Schneider, Balazs Koranyi and Ann SaphirFederal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the U.S. central bank to "discover" and start relying on real-time economic data that's superior to what he described as problematic government reports."My aspiration is…
zawya
ZAWYA: ACWA to develop Mauritania's first gas-fired IPP project
Majda MuhsenSaudi Arabia's ACWA has signed a public-private partnership (PPP) pact and a power purchase agreement (PPA) for the development of the 230-megawatt (MW) N'Diago Combined Cycle Gas Turbine (CCGT) power plant in Mauritania.The agreements cover the development, financing, construction and…
NEWS reuters
US declines to agree to renew USMCA in current form -USTR
The U.S. Trade Representative said on Wednesday that the Trump administration will not renew the trade agreement with Mexico and Canada but that the pact would remain in effect until the issues were resolved or the agreement terminated.
NEWS dow-jones
NYMEX Overview: Crude Lower to Start Q3 as Middle East Risk Premium Fades — OPIS
Crude contracts fell slightly around midday Wednesday, as Iran and U.S. continued to pursue a peace agreement to fully reopen the Strait of Hormuz, with Persian Gulf oil flows through the key global oil supply chokepoint showing signs of recovery.At 12:10 p.m. ET, August NYMEX West Texas Intermedia…
NEWS reuters
USDA announces $500 million in funding to expand US domestic fertilizer production
U.S. Agriculture Secretary Brooke Rollins announced $500 million in new funding on Wednesday to expand domestic fertilizer production after the Iran war drove up prices.The funds will be used to expand existing U.S. fertilizer plants and build new ones, Rollins told reporters during a press confere…
dow-jones
Economists Add Fed Public Appearances to Stat Sheet — Market Talk
Economists have been eyeing whether Fed officials are speaking less since the June FOMC meeting, aligning with chairman Kevin Warsh's strategy of no forward guidance. Fed members have had about 12 public appearances since the meeting, analysts say. BofA Securities says that going back to 2022, the…
NEWS dow-jones
FTC Release: FTC Seeks Public Comment on Policy Statement Addressing AI Accuracy
The Federal Trade Commission is seeking public comment on a proposed policy statement addressing concerns that AI companies may be manipulating the bView Press Release: https://www.ftc.gov/news-events/news/press-releases/2026/07/ftc-seeks-public-comment-policy-statement-addressing-ai-accuracy
zacks
E Launches New Compression Project to Sustain Bahr Essalam Gas Output
Eni S.p.A E, an Italian integrated energy company, in partnership with Libya’s state-owned National Oil Company ("NOC"), announced that it has successfully started production from the Sabratha Compression Project through its joint venture, Mellitah Oil & Gas. The Sabratha Compression Project is an…
trading-economics
DAX Outperforms in Europe
The DAX 40 closed about 0.2% up at 25,040 after a choppy session on Wednesday, extending the prior session's gains and outperforming regional peers.Defense stocks led gains, with Rheinmetall up 6.1% after reports that Germany plans to partner with the US to boost domestic weapons production.Renk…
U.S. manufacturers keep on trucking despite a road littered with obstacles
By Jeffry BartashGrowth streak is strongest in 4 years, ISM showsAmerican manufacturers are expanding despite stiff headwinds.High U.S. tariffs, war with Iran, a spike in oil prices, rising inflation - no matter. American manufacturers grew in June for the sixth month in a row to mark the longest s…
NEWS dow-jones
Gold Rebounds After U.S. Jobs Data, Fed Chairman Remarks — Market Talk
1220 ET - Gold prices rebound after softer-than-expected jobs data and Federal Reserve Chairman Kevin Warsh not giving any signal as to whether the central bank would consider raising interest rates at its next meeting. In afternoon trading, New York gold futures rise 1.5% to $4,100.60 a troy ounc…
Italy new car registrations up 10.6% year-on-year in June
New car registrations in Italy rose in June by 10.6% year-on-year to 146,423 vehicles, transport ministry data showed on Wednesday.In the first half of the year, registrations were up by 9.6% compared to the same period last year, to 936,783 units.Italian market leader Stellantis MIL:STLAM, whose b…
trading-economics
Russia Unemployment Rate Edges Down
The unemployment rate in Russia edged down to 2.1% in May 2026 from 2.2% in the previous month.The number of unemployed declined slightly to 1.6 million from 1.7 million, while the labour force edged up to 76.3 million from 76.2 million.Employment increased to 74.7 million from 74.5 million, liftin…
Gold gains over 2% after soft jobs data, Fed Chair Warsh's comments
By Sukanya Mitra and Ashitha ShivaprasadGold prices rose more than 2% on Wednesday after softer-than-expected jobs data and remarks from Federal Reserve Chair Kevin Warsh suggesting inflation risks had eased.Spot gold TVC:GOLD rose 2% to $4,087.21 per ounce by 11:50 a.m ET (1550 GMT) after hitting…
NEWS reuters
Russian GDP growth slows to 0.3% y/y in May
Russia’s gross domestic product grew by 0.3% year-on-year in May after 1.3% growth in the previous month, the economy ministry's preliminary data showed on Wednesday.In the first five months of the year, the Russian economy grew by 0.2%.In May the economy ministry sharply downgraded its macroeconom…
NEWS reuters
Russian weekly inflation slows to 0.22% in latest week
Russia's consumer inflation stood at 0.22% in the week to June 29, following a 0.25% increase a week earlier, the statistics service said on Wednesday.Inflation, driven by a rise in fuel prices after Ukrainian attacks on refineries, has reached 0.85% since the beginning of June compared with 0.20…
bravenewcoin
US Government Tightens OpenAI Access Under Sam Altman as Bank of England Flags AI Agents as Financial Stability Risk
The developments highlight a broader shift in how governments and central banks are approaching advanced AI. Rather than focusing solely on innovation, regulators are increasingly weighing the technology's implications for national security, financial markets, and critical infrastructure.US Governm…
sharecast
Thursday preview: Currys results, payrolls report in focus
ING expects the June payrolls to come in above 100,000 for the third consecutive month. Its call is for 110,000, versus consensus expectations of 115,000."That should put a floor on rate expectations, but should equally be insufficient for markets to price in two Fed hikes by year-end," ING said. "…