All eyes turn to Fed’s rate decision amid mixed trend in global markets

Wednesday’s monetary policy meeting may be Fed Chair Jerome Powell’s last with his tenure coming to a close, while investors lock into Magnificent 7’s financial statements

All eyes turn to Fed’s rate decision amid mixed trend in global markets

Wednesday’s monetary policy meeting may be Fed Chair Jerome Powell’s last with his tenure coming to a close, while investors lock into Magnificent 7’s financial statements

US stocks close lower as chip sell-off, oil prices pressure Wall Street

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European stocks close mixed amid geopolitical concerns, earnings reports

Stoxx 600 falls 0.37%, France's CAC down 0.46%, Germany's DAX drops 0.27%; UK's FTSE up 0.11%28 April 2026

Middle East war to trigger biggest energy price surge in 4 years: World Bank

Energy prices projected to rise 24% this year to highest since Russia’s invasion of Ukraine; overall commodity prices expected to climb 16%28 April 2026

UAE says state oil company’s focus unchanged after OPEC withdrawal

Abu Dhabi National Oil Company to continue meeting global energy needs across oil, gas, chemicals, low-carbon, renewable energy, says Sultan Al Jaber28 April 2026

Ryanair CEO warns if jet fuel prices stay high, European airlines may fail

Budget carrier better protected as it has hedged 80% of fuel needs, says Michael O’Leary28 April 2026

11 vessels pass through Strait of Hormuz amid stalled US-Iran talks

9 vessels pass through Hormuz from Arabian Gulf to Gulf of Oman, including crude oil tanker28 April 2026

US crude oil tops $100 again as Hormuz closure keeps supply fears elevated

WTI reaches highest level since early April in wake of UAE’s unexpected withdrawal from OPEC28 April 2026

UAE to withdraw from OPEC, OPEC+

- Withdrawn decision in line with UAE's long-term strategic, economic vision and development of its energy sector28 April 2026

European Central Bank more likely to raise rates amid deepening energy risks

Persistent, high energy prices may prompt ECB to hike rates once or twice this year, experts say28 April 2026

Bank of Japan keeps policy rate constant

Japanese central bank increases inflation forecast due to higher energy prices28 April 2026

Low-cost carriers seek $2.5B from Washington as jet fuel prices surge: Report

Budget airlines seek to offset increase in jet fuel costs since start of US-Israeli attacks on Iran on Feb. 2828 April 2026

All eyes turn to Fed’s rate decision amid mixed trend in global markets

Wednesday’s monetary policy meeting may be Fed Chair Jerome Powell’s last with his tenure coming to a close, while investors lock into Magnificent 7’s financial statements

All eyes turn to Fed’s rate decision amid mixed trend in global markets

Wednesday’s monetary policy meeting may be Fed Chair Jerome Powell’s last with his tenure coming to a close, while investors lock into Magnificent 7’s financial statements

Economy

Economy

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Oil at highest in nearly 4 years as Trump keeps Iran blockade in place

FACTBOX - 2 months of Iran war: Commodity shock deepens as Hormuz disruption lifts energy, fertilizer costs

US Treasury yields hit highest levels since March as oil surge clouds Fed outlook

Turkish aerospace officials reveal plans at Ankara space tech event

Bank of Canada holds policy rate at 2.25%, warns higher energy prices may lift inflation

Oil prices jump over 5% as US-Iran stalemate keeps Hormuz supply fears alive

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