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Brent crude oil touched $79 per barrel, down 4.76% on the day. WTI crude oil plunged 6.00% on the day, currently trading at $76.50 per barrel.

2026-06-16

Brent crude oil touched $79 per barrel, down 4.76% on the day. WTI crude oil plunged 6.00% on the day, currently trading at $76.50 per barrel.

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2026-06-16

The U.S. export price index rose 1.3% month-on-month in May, below the expected 1.2% and the previous value was revised from 3.30% to 3.5%.

The U.S. export price index rose 1.3% month-on-month in May, below the expected 1.2% and the previous value was revised from 3.30% to 3.5%.
2026-06-16

JP Morgan analysts say bond issuance to finance AI and data centers is likely to remain robust over the coming years. Loans currently cover about 85% of project costs on average; JP Morgan estimates AI-related spending will reach $5.5 trillion by 203

JP Morgan analysts say bond issuance to finance AI and data centers is likely to remain robust over the coming years. Loans currently cover about 85% of project costs on average; JP Morgan estimates AI-related spending will reach $5.5 trillion by 2030, roughly $4.1 trillion of which is expected to be debt-financed. Issuers are expected to tap capital markets in every country to meet growth financing needs. The bank adds that large tech "super-scale cloud service providers" have sufficient profitability that investors should remain comfortable even as issuance expands, and that these firms are borrowing heavily in part to preserve large cash buffers against potential economic deterioration and higher funding costs.
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