Iran War Ends, But Food Prices Keep Climbing

Despite the end of the Iran War, food prices continue to surge, affecting everything from agriculture to retail. The rising costs, highlighted by the supply chain of chocolate croissants, indicate that relief for consumers is unlikely anytime soon.

UK Jobs Market Stabilizes Before BOE Rate Decision

Britain’s labor market is showing resilience, with new figures indicating stabilization just before the Bank of England’s interest-rate decision. This positive trend comes as policymakers assess the economic landscape amid rising inflation concerns.

Philippines Raises Interest Rate to Curb Inflation

The Philippine central bank raised its benchmark interest rate for the second time in a row to combat rising inflation linked to geopolitical tensions. This move aims to stabilize the economy amidst ongoing uncertainties following a temporary US-Iran peace agreement.

Warsh’s Reform Promises Amid Fed Rate Decision | Bloomberg

Fed Chair Kevin Warsh commits to significant reforms as the Federal Reserve maintains current interest rates. Economists, including Yelena Shulyatyeva, weigh in on potential impacts and future expectations.

Trump’s Interim Deal Insights | Balance of Power 2026

In the latest episode of ‘Balance of Power,’ Senator Tina Smith discusses an anticipated interim deal expected to be signed within the next 48 hours, highlighting its implications for the economy and global markets. This development comes amid ongoing negotiations that could reshape key economic policies.

Korea-US Relations: Lee Declares ‘Eternal’ Partnership

South Korean President Lee Jae Myung emphasized the enduring strength of Korea-US relations following a meeting with President Trump during the G7 summit in France. The leaders discussed various topics, reaffirming their commitment to a solid partnership.

Indonesia and Philippines to Raise Interest Rates Amid Risks

Indonesia and the Philippines are expected to raise interest rates as their central banks remain cautious amidst ongoing inflation and currency concerns. This decision comes even with the possibility of a calm in the Middle East conflicts affecting global markets.

Yen Intervention Hints as Yuan Remains Strong Post-Fed

Strategists are closely monitoring the yen for potential intervention following a hawkish stance from the Federal Reserve, which caused the currency to fall significantly. Meanwhile, the yuan shows resilience despite the Fed’s actions, maintaining its stability in the market.

Trump’s Warning: Iran Faces Military Action Threat

Former President Trump warns of potential military strikes against Iran if the nation does not conform to U.S. demands. His comments reflect ongoing tensions and the complexities of U.S.-Iran relations.

G7 Leaders Evening Reception in France

G7 leaders convened for an evening reception in France, fostering discussions on pressing global economic issues. The informal gathering aimed to strengthen diplomatic ties among leading economies.