Newsletter May 6, 2022
Oil falls as demand concerns weigh against tight supply

Ignoring calls from Western nations to hike output more, OPEC+ agreed to raise June production by 432,000 barrels per day
Polls close in UK elections with historic N.Ireland result predicted

The results, expected from Friday, could have huge constitutional implications for the four-nation UK's future
Strong rice demand from Asia, Africa lift Indian prices

Ships made available by Middle Eastern clients have eased the burden of high freight costs that were a concern for exporters earlier
Covid killed some 15 million in 2020-21: WHO

The WHO believes that generally, six in 10 deaths worldwide are not formally recorded.
USTR Tai says China tariff review will have 'robust' industry consultations

USTR on Wednesday issued a Federal Register notice that it will conduct a statutory four-year review of the initial "Section 301" tariffs it imposed on Chinese imports in 2018
Tokyo consumer prices rise at fastest pace in 7 years

The index excludes fresh food, which is a volatile factor, but includes energy items.
U.S. unemployment rate expected to fall to 3.5% in April, job gains to slow

There are concerns the Fed could raise rates too high and choke off economic growth
Wall Street eyes lower open after Fed-driven rally

The tech-heavy Nasdaq has declined 17.1% year-to-date, compared with a 9.8% drop in the S&P 500 and a 6.3% fall in the blue-chip Dow.
IBTimes will always protect your security and privacy. Please read our detailed Privacy Policy. Please do not reply to this email. Click here to adjust your notification preferences or unsubscribe. 
© Copyright 2022 IBTimes LLC. All Rights Reserved.