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 rose 43 points, or 0.2%, to close at 25,166 on Wednesday, reversing early losses and ending a four-day losing streak. Market sentiment improved as Chinese equities rallied, boosted by the People's Bank of China's decision to maintain its benchmark interest rate-a move expected...
The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled by Reuters had anticipated inflation would reach 3.7% in the twelve months to July, after it picked up to 3.6% in June,...
The AUD/USD pair weakened for the third consecutive trading day on Wednesday (August 20th). The Australian currency pair slumped near 0.6425 as antipodean currencies underperformed their peers. The Australian dollar faced sharp selling pressure as financial market participants expected the...
Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly guaranteed next month. But Powell may defy expectations, refusing to cave as the final battle against inflation looms large, Scotiabank (TSX:BNS)...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
03.30 | U.S | API Weekly Statistical Bulletin | - | - |
06.50 | JPN | Core Machinery Orders m/m | -0.6% | 3.0% |
06.50 | JPN | Trade Balance (JPN) | -0.24T | -0.30T |
08.00 | CHN | 1-y Loan Prime Rate | 3.00% | 3.00% |
08.00 | CHN | 5-y Loan Prime Rate | 3.50% | 3.50% |