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Brent crude oil fell below $80 a barrel, a new low since March 10, down 3.56% on the day. WTI crude oil fell sharply by 4.00% on the day, currently trading at $78.12 a barrel.

2026-06-16

Brent crude oil fell below $80 a barrel, a new low since March 10, down 3.56% on the day. WTI crude oil fell sharply by 4.00% on the day, currently trading at $78.12 a barrel.

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2026-06-16

Oxford Economics said U.S. housing starts fell in May mainly because of multifamily starts dropped 40%. Building permit data points to a partial rebound in that segment in June. Oxford expects starts to trade sideways until later this year as the Fed

Oxford Economics said U.S. housing starts fell in May mainly because of multifamily starts dropped 40%. Building permit data points to a partial rebound in that segment in June. Oxford expects starts to trade sideways until later this year as the Fed eases policy. "Builders will need to work through some single‑family inventory — which accounts for more than two‑thirds of housing starts — before materially ramping up construction activity."
2026-06-16

The Kremlin stated that it has not received a formal invitation from Ukrainian President Zelensky to Russian President Putin to attend the G7 summit.

The Kremlin stated that it has not received a formal invitation from Ukrainian President Zelensky to Russian President Putin to attend the G7 summit.
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