Latest Finance-Economy News
Global Energy Crisis 2026 Intensifies with 600 Million Barrels Oil Loss
Over 600 million barrels of oil supply have been lost due to the escalating US-Iran war, triggering a historic oil shock. This crisis is fast intensifying, threatening inflation and global recession.
Energy prices are surging worldwide as a result.
Bangladesh Faces $2 Billion Extra Energy Import Costs
Bangladesh has incurred nearly $2 billion in additional expenses due to surging global energy import prices from disruptions. Finance Minister Amir Khosru Mahmud highlighted the impact of these global issues.
The country is struggling with the financial burden.
IMF Projects 3.1% World GDP Growth in April 2026 Outlook
The IMF's World Economic Outlook forecasts 3.1% real GDP growth for the world in 2026. Advanced economies are expected at 1.8%, while emerging markets project 3.9%.
GDP measures total value of goods and services at constant prices.
US Fed Barr Speech Scheduled for Today
Federal Reserve's Barr is set to speak at 07:00 PM UTC, potentially addressing energy crisis impacts. This comes amid volatile economic data releases.
Markets await insights on policy responses.
API Crude Oil Stock Change Expected at -1.3M Barrels
US API Crude Oil Stock Change is forecasted at -1.3M barrels for today, previous was 1.68B. This data reflects tightening oil supplies globally.
Traders monitor for recession signals.
US EIA Refinery Crude Runs Change at 0.366M on Wednesday
EIA Refinery Crude Runs Change reported -0.241M actual vs. 0.366M previous for April 1. Upcoming data will gauge refinery responses to shortages.
Energy sector adjustments are critical amid crisis.
Fed Balance Sheet Expands to $6.66T
US Fed Balance Sheet reached $6.66T, up from $6.6T, signaling monetary support. This occurs against energy shock backdrop.
Impacts on inflation are under scrutiny.
US Consumer Credit Change Surges to $8.05B
Consumer Credit Change hit $8.05B, sharply up from $2.0B previous. Rising energy costs may drive borrowing.
Economic resilience is tested.
Core PCE Price Index MoM at 0.4% Forecast
Upcoming Core PCE Price Index MoM is expected at 0.4% on April 9. Inflation pressures mount from energy disruptions.
Fed policy implications loom large.
US Monthly Budget Statement Shows $-308B Deficit
Monthly Budget Statement recorded $-308B, worse than $-200B previous. Fiscal strains intensify with global crisis.
Government spending faces pressure.
NFIB Business Optimism Index at 98.8
NFIB Business Optimism Index stands at 98.8 for April 14. Businesses grapple with energy cost surges.
Optimism tempered by recession fears.
US Initial Jobless Claims Data Due Today
Initial Jobless Claims release scheduled for 12:30 PM on April 16. Labor market health key amid economic shocks.
Unemployment trends could signal recession.