Middle East conflict
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financeSouth Korea Inflation Hits 3.1% in May, Tops Forecasts
South Korea's CPI surged to 3.1% y/y in May, the highest in over two years, driven by rising oil prices from the Middle East conflict.
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financeUS Q1 GDP Revised Down, Inflation Hits 3-Year High
US economy grew at 1.6% in Q1, down from 2.0% estimate. PCE inflation hit 3.8%, its highest since 2023. Consumer spending under pressure.
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financeJapan's Q1 GDP Surges Past Forecasts, Energy Crisis Looms
Japan's economy grew an annualized 2.1% in Q1, beating expectations, but the Middle East conflict threatens future growth.
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financeDollar Strengthens on Middle East Uncertainty, Ceasefire Hopes Fade
The US dollar rose for a second straight day as geopolitical tensions and high oil prices support safe-haven demand. Markets await inflation data.
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financeMalaysia Holds Key Rate Steady Amid Middle East Conflict Risks
Bank Negara Malaysia maintains rate at 2.75%, flags potential growth and inflation risks from prolonged Middle East war.
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financeMiddle East Tensions and Oil Prices Complicate Fed Rate Cut Outlook for 2026
Falling market odds for a 2026 Fed rate cut. Oil price spikes from Iran-US tensions drive inflation fears, delaying potential monetary easing.
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financeDollar Edges Higher Amid Middle East Tensions, Yen Swings Renew Intervention Fears
The US dollar strengthened slightly as Middle East conflict rattles markets. Yen volatility sparks intervention speculation, while euro dips on German trade tensions.
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financeECB's Muller Warns of Inflation Acceleration Amid Middle East Conflict
ECB's Madis Muller expects inflation to accelerate due to Middle East tensions, potentially delaying rate cuts. Eurozone inflation expectations surge.