The oil market is hoping for the best but bracing for the worst. Iran has been backed into a corner and the US blockade of the Strait of Hormuz has led to a shortage of storage facilities for ‘black gold’. According to Kpler estimates, at current production levels, supplies will last for 12 to 22 […]
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With a new outbreak of the Ebola virus continuing to spread across three Central African countries, the U.S. Centers for Disease Control and Prevention (CDC) put in place a new entry ban on non-citizens who Read more…
Sterling strengthened broadly on this week, but the rebound was driven less by optimism over the UK economy and more by the easing of immediate political and fiscal fears that had weighed heavily on British Read more…
UK business activity deteriorated sharply in May as the economy was hit by a combination of Middle East-related energy pressures and rising domestic political uncertainty. Flash UK Composite PMI Output Index plunged from 52.6 to Read more…