Japan Machine Tool Orders Surge 45.1% In April

Japan Machine Tool Orders Surge 45.1% In April

Japan’s machine tool orders expanded at an accelerated pace in April amid both strong domestic and foreign demand, preliminary data from the Japan Machine Tool Builders Association, or JMTBA, showed on Friday.Machine tool orders jumped 45.1 percent year-on-year in April, following a 28.0 percent growth in the previous month. Moreover, this was the tenth successive

European Gas Prices Climb Further

European Gas Prices Climb Further

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Peru Trade Surplus Widens in March

Peru Trade Surplus Widens in March

Peru’s trade surplus widened to USD 4,157 million in March 2026, up from USD 2,438 million in the same month a year earlier. Exports jumped 38.4% year-on-year to a record USD 9,947 million, supported by strong growth in traditional products (+49.3%), modest gains in non-traditional products (+1.0%), and a sharp increase in other products (+105.2%).

Asia open: Oil surges past 6, USD rose as Fed signals steady rates

Asia open: Oil surges past $106, USD rose as Fed signals steady rates

Key takeaways Brent crude oil surged above $106/bbl as the prolonged Iran conflict and continued Strait of Hormuz disruption reinforced fears of persistent global energy supply shortages and inflation pressures. The Federal Reserve maintained its “higher for longer” stance after stronger inflation data and elevated energy prices reduced expectations for rate cuts, while Kevin Warsh

Peru Holds Rates Steady for 6th Straight Meet…

Peru Holds Rates Steady for 6th Straight Meet…

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Japan Machine Tool Orders Surge 45.1% In April

Japan Producer Prices Jump 2.3% In April

Producer prices in Japan were up 2.3 percent on month in April, the Bank of Japan said on Friday.That was far higher than forecasts for an increase of 0.7 percent and up sharply from the upwardly revised 1.0 percent gain in March (originally 0.8 percent).On an annual basis, producer prices spiked 4.9 percent – again

GBP Extends Rout on Political Uncertainty

GBP Extends Rout on Political Uncertainty

The British pound weakened further to $1.34 on Thursday, its lowest level in over a month, after a series of high-profile resignations signaled an intensifying contest for the prime minister’s post. MP Josh Simons stepped down to allow Manchester mayor Andy Burnham to run for parliament, while Health Secretary Wes Streeting resigned to position himself

Trump from China: China would not give Iran military equipment

Trump from China: China would not give Iran military equipment

Speaking on a Fox Interview: China would not give Iran military equipment China agreed to order 200 “Big” Boeing jets Xi offered to help on Iran Xi said he would like to continue to buy oil from Iran. Does not like China support to Iran Boeing shares have moved lower. There is some ambiguity as

U.S. Business Inventories Increase Slightly More Than Expected In March

U.S. Business Inventories Increase Slightly More Than Expected In March

Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March.The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by

What Is the Petrodollar? System, History & Collapse Explained

What Is the Petrodollar? System, History & Collapse Explained

2026.05.14 2026.05.14 What Is the Petrodollar and How Does It Affect the Global Economy? Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ What is the petrodollar, and why has this concept shaped the architecture of the global economy for decades? The term describes a mechanism in which oil is traded mainly in US dollars, while oil exporters reinvest their oil revenues

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