About: davin
Recent Posts by davin
Commerzbank’s chief economist says the Ifo index drop shows energy prices are hurting German growth
Commerzbank warns energy shock, trade pressures and weak reforms cut Germany outlook; prolonged Hormuz shutdown raises recession risk.
Written on April 25, 2026 at 8:21 am
Categories: Live Updates
Standard Chartered economists say tariff revenue, though reduced after IEEPA ruling, remains far above pre-Liberation Day levels

Supreme Court IEEPA tariff ruling cut US receipts, yet revenues remain far above pre-Liberation Day levels.
Written on April 25, 2026 at 7:51 am
Categories: Live Updates
Baker Hughes reports the US oil rig count has fallen from 410 to 407, marking reduced drilling activity
Baker Hughes said the US oil rig count fell to 407 from 410, down three rigs.
Written on April 25, 2026 at 7:50 am
Categories: Live Updates
MUFG’s Derek Halpenny says the US Hormuz blockade could spur global inflation as oil and inputs rise
US blockade in Hormuz tightens; Trump authorizes fire on mine-layers; oil shocks threaten inflation, volatility, and faster ECB/BoE tightening.
Written on April 25, 2026 at 7:21 am
Categories: Live Updates
WTI crude trades near $92.55, down 3.28%, after earlier highs as Iran-US talks, sentiment weaken
WTI crude slid to $92.55 as Iran-US talks eased fears; weak US sentiment raised demand concerns.
Written on April 25, 2026 at 7:20 am
Categories: Live Updates
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