Russia’s Oil Export Value Hits Post-February 2022 High
Russia’s oil export value has reached its highest level since February 2022, averaging $2.42 billion weekly, driven by increased volumes and prices.
Switzerland’s Inflation Hits 16-Month High Amid Rising Energy Prices
Switzerland’s inflation accelerated to a 16-month high in April, driven by rising energy prices. The central bank expects the surge to be temporary.
S&P 500 Retreats from Record High Amid Middle East Tensions
The S&P 500 fell 0.5% from its record high as Middle East tensions escalated and investors prepared for earnings season. Analysts warn against confusing a narrow rally with a broad market signal.