Economy
US annual inflation remains unchanged at 2.4% in February
Monthly inflation also matches estimates, rising 0.3% compared to January
US annual inflation remains unchanged at 2.4% in February
Monthly inflation also matches estimates, rising 0.3% compared to January
US stocks end mostly lower after volatile session as oil swings sharply
Dow loses 0.07%, S&P 500 drops 0.21%, while Nasdaq up 0.1% as oil prices tumble from earlier spike amid shifting Iran war developments
Urea prices up 10% weekly basis amid Hormuz tension
Closure of Strait of Hormuz affects more than 30% of urea shipments
Oil prices swing sharply as market volatility intensifies
Prices plunge $10 before rebounding $11 within 2 hours, swinging back near $90 per barrel
European stocks close higher on easing oil prices, hopes for coordinated supply response
Brent crude retreat and expectations of strategic stockpile release support risk appetite across European markets
South Africa’s economy grew 1.1% in 2025, keeping crown as Africa’s largest
Growth was driven by finance and business services, while manufacturing, construction, and energy sectors contracted
