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US unadjusted pending home sales index YoY +2.3% in June, prior +2.1%.

2026-07-16

US unadjusted pending home sales index YoY +2.3% in June, prior +2.1%.

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2026-07-16

Export Development Canada (EDC) says global oil inventories have continued to decline, leaving the energy market more fragile. EDC forecasts average international oil prices of about $96/bbl this year and $84/bbl in 2027. EDC chief economist Stuart B

Export Development Canada (EDC) says global oil inventories have continued to decline, leaving the energy market more fragile. EDC forecasts average international oil prices of about $96/bbl this year and $84/bbl in 2027. EDC chief economist Stuart Bergman said distributed storage now functions as the market’s marginal producer. Pre-crisis stocks and strategic reserve releases have helped offset supply losses but have drawn inventories below seasonal normals. A permanent peace agreement and restoration of Strait of Hormuz shipping to pre-crisis levels would ease tightness; however, Bergman said the market remains supply-tight and is highly vulnerable to further disruption and sharp price swings if geopolitical risk escalates.
2026-07-16

Italy May trade surplus 4.793 bln euros, up from 4.293 bln previously.

Italy May trade surplus 4.793 bln euros, up from 4.293 bln previously.
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