Rolling coverage of the latest economic and financial news, as rising oil price sours sentiment in the markets and drive up bond yields ...

Builder confidence posted a modest gain in May even as buyers grapple with rising mortgage rates and economic uncertainty ...

FX markets have been trying to ignore the ill winds blowing from the Gulf and trade with a 'glass-half-full' mindset ...

Asian stocks mostly retreated and oil prices jumped on Monday after US President Donald Trump warned Tehran that the “clock ...

The impact of the Iran War is also appearing in the data. Crude oil processing volume fell -5.8% YoY on the month.