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Fed heads to July meeting under shadow of uncertainties

Markets expect Fed to keep interest rates unchanged next week as easing inflation offset by renewed energy-price risks linked to Middle East tensions26 July 2026

US stocks close week mixed

Dow Jones up 0.46%, S&P 500 flat and Nasdaq down 0.64% while European indexes close week with increases25 July 2026

World Bank estimates Venezuela earthquake damage at $19.6B

World Bank Group highlights urgent need for rapid reconstruction to support economic recovery in country24 July 2026

Hormuz traffic falls as Bab el-Mandeb activity rises

MarineTraffic data shows traffic through Strait of Hormuz fell to just 6 confirmed crossings, down 60% day-on-day24 July 2026

Russian central bank cuts policy rate to 14%, as expected

Central bank lowers 2026 growth forecast to 0-1%, expects inflation at 6-7% by year-end24 July 2026

FACTBOX – What to know about Trump's new tariffs on 60 economies

- Latest trade measures took effect Friday, with tariff rates ranging from 10% to 12.5% and governments responding around the world24 July 2026

Global markets slide amid US’ forced labor tariffs, Middle East clashes

US-Iran military tensions boil over and threaten Red Sea energy corridors, sending Brent crude to nearly $95 per barrel, while Washington implements 10-12.5% tariffs on 60 trading partners24 July 2026

Volkswagen profit slides nearly 10% in Q2 as automaker warns of 2026 revenue decline

German carmaker expects 2026 revenue to decline by up to 3% as tariffs, intense competition and restructuring costs weigh on performance24 July 2026

New US tariffs on 60 trade partners take effect over forced-labor violations

Duties of 10% to 12.5% replace expiring temporary global tariff24 July 2026

US targets 60 countries with tariffs over ‘failure’ to curb imports of goods produced with forced labor

Section 301 investigations result in 10% or 12.5% duties on partners accounting for 99.4% of US imports from investigated economies24 July 2026

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