Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

US consumer prices surge 9.1%

US consumer prices surge 9.1%, a new 40-year high

July 13, 2022: US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose approval ratings have taken a battering from the

Sri Lanka: Timeline of a crisis

July 13, 2022: Sri Lanka is mired in a deep political and economic crisis, and on Wednesday, the country's president flew out of the country days after a huge crowd of protesters stormed his residence.

European stocks rebound

European stocks rebound, euro extends dollar slump

July 06, 2022: European stock markets rebounded on Wednesday, recovering some ground following sharp losses the previous session on fears of a global recession. Oil prices recovered slightly, but WTI remained under $100 per barrel.

OPEC+ tipped to stay the course on oil output boost

OPEC+ tipped to stay the course on oil output boost

Jun 30, 2022: Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost on Thursday, despite calls for bigger increases to tame crude prices. Russia's invasion

Euro area unemployment rate falls to 6.6% in May

June 30, 2022: The euro area unemployment rate decreased to 6.6% in May, down from 6.7% a month ago, the EU statistical office said on Thursday. The number of jobless people in the euro area

ECB vows to counter ‘undesirably high’ inflation

June 28, 2022: The European Central Bank will go “as far as necessary” to fight inflation that is set to remain “undesirably high” for “some time to come”, its president said Tuesday. Soaring inflation is

Moody’s says Russia defaulted on debt

June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The missed payments

Markets struggle as recession fears weigh heavily

Markets struggle as recession fears weigh heavily

June 22, 2022: Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high inflation. While

US consumer prices surge 9.1%

US consumer prices surge 9.1%, a new 40-year high

July 13, 2022: US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose approval ratings have taken a battering from the

Sri Lanka: Timeline of a crisis

July 13, 2022: Sri Lanka is mired in a deep political and economic crisis, and on Wednesday, the country's president flew out of the country days after a huge crowd of protesters stormed his residence.

European stocks rebound

European stocks rebound, euro extends dollar slump

July 06, 2022: European stock markets rebounded on Wednesday, recovering some ground following sharp losses the previous session on fears of a global recession. Oil prices recovered slightly, but WTI remained under $100 per barrel.

OPEC+ tipped to stay the course on oil output boost

OPEC+ tipped to stay the course on oil output boost

Jun 30, 2022: Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost on Thursday, despite calls for bigger increases to tame crude prices. Russia's invasion

Euro area unemployment rate falls to 6.6% in May

June 30, 2022: The euro area unemployment rate decreased to 6.6% in May, down from 6.7% a month ago, the EU statistical office said on Thursday. The number of jobless people in the euro area

ECB vows to counter ‘undesirably high’ inflation

June 28, 2022: The European Central Bank will go “as far as necessary” to fight inflation that is set to remain “undesirably high” for “some time to come”, its president said Tuesday. Soaring inflation is

Moody’s says Russia defaulted on debt

June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The missed payments

Markets struggle as recession fears weigh heavily

Markets struggle as recession fears weigh heavily

June 22, 2022: Equities struggled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears continuing to build as central banks hike interest rates to combat decades-high inflation. While