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Inflation worries weigh on US consumer confidence in May

Inflation worries weigh on US consumer confidence in May

By Lucia Mutikani WASHINGTON, May 26 (Reuters) - U.S. consumer confidence eased in May as worries about inflation linked to the war in Iran intensified and households' views of the labor market were largely pessimistic, though they anticipated an improvement by the end of this year.
Reuters Reuters
Australia consumer inflation slows in April, core creeps higher

Australia consumer inflation slows in April, core creeps higher

SYDNEY, May 27 (Reuters) - Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core inflation ticked up as higher oil prices fed through to the broader economy.
Trendline Trendline
Mortgage Rates Reach 9-Month High Amid Middle East Conflict, Impacting U.S. Housing Market

Mortgage Rates Reach 9-Month High Amid Middle East Conflict, Impacting U.S. Housing Market

Mortgage Rates Reach 9-Month High Amid Middle East Conflict, Impacting U.S. Housing Market
Reuters Reuters
Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

Brent crude jumps 4%, as US strikes in Iran set back hopes for Hormuz re-opening

By Scott DiSavino NEW YORK, May 26 (Reuters) - Brent crude futures climbed about 4% on Tuesday after the U.S. military carried out strikes in Iran, a setback to hopes over the weekend that the United States and Iran would reach an agreement to end the three-month war that would also re-open shipping
Reuters Reuters
Morning Bid: Wrong sort of 'boom' to start the week

Morning Bid: Wrong sort of 'boom' to start the week

By Mike Dolan May 26 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a long weekend in the United States and many other countries, markets returned ready to cheer signs that an Iran peace plan was near agreement, with world crude
Reuters Reuters
Fed's Logan: world may need to cut use of oil and natural gas

Fed's Logan: world may need to cut use of oil and natural gas

May 27 (Reuters) - The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer due to the U.S.-Israeli war on Iran, Dallas Federal Reserve President Lorie Logan said on Wednesday.
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Stocks Surge as Oil and Dollar Decline Amid Iran Peace Deal Hopes

Stocks Surge as Oil and Dollar Decline Amid Iran Peace Deal Hopes

Stocks Surge as Oil and Dollar Decline Amid Iran Peace Deal Hopes
Reuters Reuters
European shares flat as US strikes on Iran dampen peace deal hopes

European shares flat as US strikes on Iran dampen peace deal hopes

May 26 (Reuters) - European shares were subdued on Tuesday as expectations for an imminent end to the Middle East conflict waned after the U.S. launched fresh attacks on Iran. The pan-European STOXX 600 was flat at 631.92 points by 0707 GMT. 
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U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns

U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns

U.S. Consumer Confidence Declines Amid Rising Inflation and Recession Concerns
TheStreet TheStreet
Zillow discovers changes in mortgage rates, housing market

Zillow discovers changes in mortgage rates, housing market

As a mortgage and real estate reporter, I spend a lot of my time tracking mortgage rates ... even when I'm off the clock. Along with hiking and reading, I should add "checking mortgage rates" to my official list of hobbies. The news surrounding mortgage rates has been pretty dismal over the last ...
Reuters Reuters
Morning Bid: Will they or won't they?

Morning Bid: Will they or won't they?

A look at the day ahead in European and global markets from Ankur Banerjee The ever-inching prospect of a deal to end the Iran war and open the Strait of Hormuz paved the way for investors to put on their risk-on hat on Monday, sending stocks in Tokyo and Taipei to record highs while pushing oil
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U.S. Stocks Surge Amid Middle East Peace Prospects, Oil and Dollar Decline

U.S. Stocks Surge Amid Middle East Peace Prospects, Oil and Dollar Decline

U.S. Stocks Surge Amid Middle East Peace Prospects, Oil and Dollar Decline