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Real-time News
UK BRC total retail sales rose 1.9% year-on-year in June, down from 3.7% in the previous month.UK BRC same-store retail sales rose 1.7% year-on-year in June, below the expected 2.7% and the previous reading of 3.40%.Reserve Bank of New Zealand Chief Economist Paul Conway: Recent PMI data has been very positive, driving an upward revision of the GDPNow forecast.On July 14th, local time, US President Trump told reporters at the White House on July 13th that he still believes a deal between the US and Iran is possible. He stated that "Iran wants a deal and has resumed contact with the US." Trump also said that the US military will continue its heavy strikes against Iran, significantly weakening Irans ability to influence passage through the Strait of Hormuz, and is restoring a "blockade targeting only Iran," meaning any ships doing business with Iran will be unable to pass, while ships from other countries will still be able to pass normally.Reserve Bank of New Zealand Chief Economist Paul Conway: We do not intend to shift to a restrictive policy stance.

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2026/07/14
Important Only
  • 07:01:10

    UK BRC total retail sales rose 1.9% year-on-year in June, down from 3.7% in the previous month.

  • 07:01:02

    UK BRC same-store retail sales rose 1.7% year-on-year in June, below the expected 2.7% and the previous reading of 3.40%.

  • 06:43:15

    Reserve Bank of New Zealand Chief Economist Paul Conway: Recent PMI data has been very positive, driving an upward revision of the GDPNow forecast.

  • 06:37:51

    On July 14th, local time, US President Trump told reporters at the White House on July 13th that he still believes a deal between the US and Iran is possible. He stated that "Iran wants a deal and has resumed contact with the US." Trump also said that the US military will continue its heavy strikes against Iran, significantly weakening Iran's ability to influence passage through the Strait of Hormuz, and is restoring a "blockade targeting only Iran," meaning any ships doing business with Iran will be unable to pass, while ships from other countries will still be able to pass normally.

  • 06:31:12

    Reserve Bank of New Zealand Chief Economist Paul Conway: We do not intend to shift to a restrictive policy stance.

  • 06:26:49

    Reserve Bank of New Zealand Chief Economist Paul Conway: The Monetary Policy Committee reached a consensus last week, and no vote was required.

  • 06:26:43

    On July 14th, US President Trump stated on July 13th local time that the US is protecting several wealthy Middle Eastern countries and therefore should receive compensation from them for the costs incurred. Trump specifically named Saudi Arabia, the UAE, Qatar, Bahrain, and Kuwait, claiming the US is maintaining the security of these countries, as well as Israel. He stated that the US invests funds in the region, therefore it is appropriate for the protected countries to share the costs. Trump also stated that the US possesses abundant oil resources, "including oil from Venezuela and other places, the US controls more than half of the world's oil supply," therefore the US itself "does not depend on Middle Eastern oil"—the US's actions in the Middle East are "primarily to protect allies."

  • 06:22:10

    The UAE Ministry of Defense reported that one Indian crew member died and eight others were injured on the oil tanker. The fires on both tankers are under control. The UAE reserves the right to a full response to any escalation of the situation.

  • 06:20:34

    The UAE Ministry of Defense stated that two UAE oil tankers were attacked by two Iranian cruise missiles in the southern Strait of Hormuz. The attack occurred within Omani territorial waters.

  • 06:15:29

    July 14 - The UK's Office for Maritime Trade Operations reported receiving a report of an incident 40 nautical miles northeast of Karhart, Oman. The tanker captain reported that the starboard side of the engine room was struck by an unidentified projectile. All crew members are safe and there has been no environmental impact.

  • 06:12:59

    According to a Reuters/Ipsos poll, 79% of Americans believe that U.S. military intervention in Iran will last for an extended period.

  • 06:07:23

    Reserve Bank of New Zealand Chief Economist Paul Conway: If inflationary pressures from the Middle East conflict persist longer than expected, we will respond.

  • 06:07:20

    Reserve Bank of New Zealand chief economist Paul Conway: Further reduction in monetary stimulus may be necessary.

  • 06:06:49

    Reserve Bank of New Zealand Chief Economist Paul Conway: Encouragingly, medium-term inflation expectations remain solid.

  • 06:06:48

    Reserve Bank of New Zealand Chief Economist Paul Conway: Monetary policy can prevent the initial price effect from turning into secondary inflationary pressures.

  • 06:06:43

    Reserve Bank of New Zealand Chief Economist Paul Conway: Developments in the Middle East over the past week suggest upside risks to our September quarter forecast.

  • 06:06:36

    Reserve Bank of New Zealand Chief Economist Paul Conway: As with all supply shocks, the Middle East conflict complicates monetary policy.

  • 06:06:33

    Reserve Bank of New Zealand Chief Economist Paul Conway: Understanding how businesses respond to cost shocks is crucial to keeping inflation low and stable.

  • 06:01:29

    US President Trump: (Regarding Iran) I believe an agreement is possible.

  • 05:25:01

    A senior Ukrainian official said that Russian ballistic missiles struck the Ukrainian capital, Kyiv.

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