There are more articles about dollar dominance right now than there are buyers of it. Everyone has a take. Most of them are either panicking or dismissing. Here’s what’s actually happening. The numbers don’t lie, but they don’t tell the whole story either The DXY index sits at roughly 98 as of mid-April 2026, down
The Office for National Statistics said the British economy expanded more than expected in February, offering a brief boost to growth before rising energy prices and geopolitical tensions cloud the outlook. Gross domestic product grew by 0.5% in February, significantly above economists’ expectations of a 0.1% increase. The reading marked the strongest monthly growth since
Key business decisions may soon become unavoidable, UBS Chairman Colm Kelleher said on Wednesday. His remarks come amid an intensifying debate over proposed Swiss capital requirements that have increased pressure from markets and shareholders. Speaking at the bank’s annual general meeting in Basel, Kelleher warned that new banking rules proposed by the government pose a
War in the Middle East could trigger a massive $58 billion bill for repair and restoration of energy-linked infrastructure, according to a new analysis from Rystad Energy. The cost for oil and gas facilities alone is estimated to potentially reach $50 billion. “This is no longer just a story about damaged facilities in the Gulf.
Global markets remained on edge Monday as geopolitical tensions and corporate developments drove volatility across asset classes. The US escalated pressure on Iran with a blockade in the Strait of Hormuz, oil prices surged on supply fears, Bitcoin traded sideways amid uncertainty, and Goldman Sachs shares fell despite strong earnings. Trump Iran developments The US
China’s export momentum lost steam in March, signalling that escalating geopolitical tensions in the Middle East are beginning to weigh on global trade flows and one of Beijing’s key growth engines. Outbound shipments rose just 2.5% year-on-year in dollar terms, a sharp deceleration from the 22% surge recorded in January and February, according to data
Europe’s largest pension investor, APG, is preparing to increase its allocation to private markets to just over 30% of its total assets, according to Patrick Kanters, chief investment officer for private investments at the firm. Speaking to Reuters, Kanters highlighted that ongoing volatility in credit markets could present attractive entry points for long-term investors. APG
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in talks pushed oil prices higher. It also strengthened expectations of more interest rate hikes from the European Central Bank. Brent crude futures climbed above $100 per barrel
The United States has announced a sweeping naval blockade targeting Iranian-linked shipping in the Strait of Hormuz, marking a significant escalation in the conflict after peace talks over the weekend failed to produce a breakthrough. President Donald Trump said on Sunday that the US Navy would begin blocking vessels entering or leaving Iranian ports, signalling
The European Banking Authority on Friday unveiled a set of proposals aimed at significantly simplifying supervisory data reporting requirements for European Union banks, while also launching a public consultation on the planned changes. The initiative comes amid growing calls from major EU economies such as France and Germany for a more streamlined regulatory framework. Both