The oil shock triggered by the U.S.-Iran conflict has damaged the global economy’s prospects, Fitch Ratings warned.
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Fitch Cuts Global Growth Outlook in Latest Downgrade to Capture Mideast Impact
Canada Swings to First Goods-Trade Surplus in Six Months
Canada for March recorded a merchandise-trade surplus of C$1.78 billion, the equivalent of about US$1.31 billion, Statistics Canada said. Source link
U.S. Housing Starts Rose in March
Housing starts, a gauge of new residential construction, rose 10.8% in March to 1.502 million. Source link
Malaysia Central Bank Holds Steady as It Gauges Mideast War Impact
The central bank noted uncertainties arising from the ongoing Middle East conflict, saying the economic impact will depend on how the situation develops. Source link