The Bank of England and the European Central Bank both held interest rates steady today.

India's government notifies revised export duty rates on diesel and aviation fuel.

India's government has announced revised rates for the Special Additional Excise Duty (SAED) and Road and Infrastructure Cess (RIC) on the export of diesel and aviation turbine fuel (ATF).

The US dollar is on track for its worst monthly decline since June as traders unwind haven positions amid reports of potential peace talks to end the Iran war.

The US dollar is experiencing its sharpest monthly decline since June as traders reduce positions in the currency following reports of potential peace talks regarding the Iran war.

PCE inflation hits 3.5% in March, highest since May 2023, when Fed was raising rates. Core PCE inflation at 3.2%, highest since Nov. 2023.

PCE inflation was 3.5% in March, the highest since May 2023, when the Fed was raising rates. Core PCE inflation was 3.2%, the highest since Nov. 2023, when the Fed still had a hiking bias.

UN chief Guterres warns Middle East crisis pushing global economy to recession. Disruption in Strait of Hormuz is choking vital artery, he says.

UN Secretary-General Antonio Guterres warned Thursday that the Middle East crisis is pushing the global economy toward recession, saying disruption in the Strait of Hormuz is choking a vital artery.