Energy Prices

Germany's HDE consumer barometer dropped to 94.85 points in April, its lowest since February 2024. Consumers anticipate rising prices and interest rates, weighing on private spending. The plunge is linked to the Iran war and surging energy costs.

9 Mwezi wa tatu, 2026 Imeripotiwa na AI

Korean stocks plunged more than 8 percent late Monday morning after the Korea Exchange (KRX) resumed trading following a 20-minute suspension. The drop came amid extreme volatility triggered by recent U.S.-Israeli strikes on Iran, with the KOSPI index falling over 450 points. Global energy price swings and weaker-than-expected U.S. jobs data also weighed on the market.