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The Baltic Dry Index rose 1.69% to 2,715 points.
2026-07-22
The Baltic Dry Index rose 1.69% to 2,715 points.
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2026-07-22
U.S. stocks extended their gains, with the Dow Jones and S&P 500 both up more than 1%, and the Nasdaq up 1.4%.
U.S. stocks extended their gains, with the Dow Jones and S&P 500 both up more than 1%, and the Nasdaq up 1.4%.
2026-07-22
ONS data showed CPI rose 2.6% YoY in the 12 months to June, down from 2.8% and below the 2.7% economists' consensus. A sharp drop in oil on expectations of a resolution to the US‑Iran conflict pushed petrol and diesel prices lower; food and non‑alcoh
ONS data showed CPI rose 2.6% YoY in the 12 months to June, down from 2.8% and below the 2.7% economists' consensus. A sharp drop in oil on expectations of a resolution to the US‑Iran conflict pushed petrol and diesel prices lower; food and non‑alcoholic beverage costs also weighed. Services inflation, the Bank of England's key domestic gauge, slowed to 3.6% from 3.7%, slightly above forecasts. The relief may be temporary: the energy price cap is due to rise about 13% in July, which could nudge headline inflation back up. Markets largely expect the Bank of England to hold rates next week as it balances energy‑driven upside risk against a weak labor market and soft growth.
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