HFI Research warns of oil market breaking point in early June
HFI Research warns the oil market faces a breaking point in early June if the Strait of Hormuz remains closed and global inventories hit record lows.
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Bank of Japan cuts 2026 growth forecast to 0.5 percent as oil prices rise
Japan's economy grew at a 2.1% annualized rate in the first quarter, exceeding the 1.7% forecast on strong exports and consumption.
Bond yields surge past 4.6 percent on Iran oil supply concerns
The 10-year Treasury yield jumped 24 basis points to top 4.6% as oil prices remained above $100 a barrel amid the ongoing conflict in Iran.
HFI Research warns oil prices could hit $150 as inventories vanish
HFI Research warns that oil prices could surpass $150 a barrel if the Strait of Hormuz remains closed through early June.
Oil prices drop and European stocks rise after Trump halts Iran attack
President Trump canceled a scheduled military strike on Iran following requests from regional leaders, according to a post on Truth Social.
UK unemployment rate rises to 5% as hiring slows
UK wage growth slowed to 3.4% in the first quarter of 2026 while youth unemployment reached its highest level since late 2014 at 14.7%.
Japan GDP grows 2.1 percent in first quarter despite energy price surge
Japan's annualized GDP grew 2.1% in the first quarter to beat estimates even as the Bank of Japan halved its full-year growth forecast to 0.5%.
Brent crude hits $110.72 after Trump warning to Iran
President Donald Trump warned Iranian leadership to act quickly or face destruction, escalating geopolitical tensions in the Middle East.
China agrees to buy 200 Boeing jets and $17 billion in US farm goods
China committed to buying at least $17 billion of American agricultural products annually through 2028 and will purchase 200 Boeing aircraft.
Trump warns Iran as oil climbs and Treasury yields reach one-year high
Rising energy costs pushed annual inflation to 3.8% in April, driving the 10-year Treasury yield to its highest level in nearly a year.
Intel shares rise 214 percent as market focus shifts to inference chips
Intel shares rose 214.6% in early 2026, outpacing Nvidia as investors shifted focus from AI training chips to inference hardware.
Oil prices climb over 1% after Trump issues warning to Iran
President Trump warned Iran to act quickly as a U.S. blockade of Iranian ports and the closure of the Strait of Hormuz continue to stall regional diplomacy.