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...
European stock markets rose as investors' sentiment turned positive amid a potential meeting between President Donald Trump and President Vladimir Putin over the war in Ukraine. The Stoxx Europe 600 index rose 0.5%. Regionally, Germany's DAX and France's CAC 40 were up 0.8%. Meanwhile, the FTSE...
The U.S. Census Bureau will release the country's Retail Sales report on Friday. Market analysts expect headline Retail Sales to grow 0.5% monthly in July, following a slightly higher increase in June, indicating that consumption remains strong. Consumers appear to have flocked to shopping malls,...
Gold prices are expected to decline for the week on Friday (August 15th), as higher-than-expected US inflation data dampened expectations for a 50 basis point (bps) Fed rate cut in September. Spot gold prices rose 0.1% to $3,339 per ounce at 02:44 GMT. Bullion prices have fallen 1.8% over the...
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 |
---|---|---|---|---|
06.50 | JPN | Prelim GDP Price Index y/y | 3.3% | 3.0% |
06.50 | JPN | Prelim GDP q/q | 0.0% | 0.3% |
08.30 | CHN | New Home Prices m/m | -0.27% | -0.31% |
09.00 | CHN | Industrial Production y/y | 6.8% | 5.7% |
09.00 | CHN | Retail Sales y/y (CHN) | 4.8% | 3.7% |