Brent crude is slipping to $108.42 after topping $110 as Hormuz risks persist Quartz By: Cris Tolomia 21 October 2026 at 15:00 Brent topped $111 on Tuesday, its highest level since May, before easing Wednesday as traders weighed a Gulf export recovery
Mortgage applications fell 5.3% as rates declined for the first time in over two months Quartz By: Cris Tolomia 21 October 2026 at 13:20 Purchase applications dropped 7% and refinance applications fell 2% as the 30-year fixed rate eased to 7.41% from 7.50%
U.K. inflation rose to 3.5% in September, topping forecasts as fuel costs climbed Quartz By: Cris Tolomia 21 October 2026 at 12:40 Petrol averaged 169.5 pence per litre, the highest price since August 2022, as motor fuel costs jumped 29.8% from a year earlier
France's 10-year bond yield topped 5% for the first time since 2002 Quartz By: Cris Tolomia 21 October 2026 at 12:20 Investors are pressing Paris on its deficit as a divided parliament negotiates the 2027 budget and Moody's rating decision looms
Global food prices hit highest level since 2022 and could keep rising into 2027 Quartz By: Cris Tolomia 20 October 2026 at 13:40 The FAO index rose 1.5% in September from August as shipping disruptions and weather concerns squeezed grain and sugar supplies
U.S. pending home sales fell 7.3% in September as mortgage rates rose Quartz By: Cris Tolomia 20 October 2026 at 18:40 Housing starts slipped 5.2% to 1,221,000 and builder sentiment reached its lowest level since June 2012 as rates rose