OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to a tighter market outlook. World oil demand will rise by 1.38 million barrels per day in 2026, the...
The Hang Seng Index fell 93 points, or 0.4%, to close at 25,177 on Monday (August 18th), reversing early gains as property and financial stocks dragged the index down. Sentiment worsened due to rising debt repayment risks in Hong Kong's property sector, with bond maturities expected to surge to...
The Trump administration has expanded its 50% tariffs on steel and aluminum imports to cover hundreds of additional products. In a Federal Register notice on Friday, the Commerce Department's Bureau of Industry and Security said 407 new product codes were being added to the U.S. Harmonized Tariff...
Silver prices (XAG/USD) strengthened slightly near $38.00 during the European trading session on Monday (August 18th). The white metal attracted a few bids due to slightly cautious market sentiment, with investors awaiting the meeting between United States (US) President Donald Trump and Ukrainian...
Federal Reserve Chair Jerome Powell will give a speech on the economic outlook and the Fed's review of its policy framework next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole, Wyoming, the Fed said on Thursday. Powell's speech comes as data showing some impact...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
06.01 | GBP | Rightmove HPI m/m | -1.2% | -1.3% |
11.30 | JPN | Tertiary Industry Activity m/m | 0.3% | 0.5% |
16.00 | EUR | Trade Balance (EUR) | 16.2B | |
21.00 | U.S | NAHB Housing Market Index | 33 | |
Tentative | EUR | German Buba Monthly Report |