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...
Hong Kong stocks plunged 332 points (-1.3%) to 25,192 in Friday morning trading, extending their decline into a second session. Selling pressure spread across most sectors, particularly financials, technology, and consumer discretionary, as regional risk appetite weakened. Sentiment was weighed...
A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a risk, intensifying debate over the rationale for an interest rate cut next month and leaving the tension between the U.S. central bank and the White House unresolved. The...
The Australian Dollar (AUD) remained weak against the US Dollar (USD) on Friday (August 15th), following disappointing key economic data from China, Australia's main trading partner. AUD/USD weakened more than 0.5% in the previous session as the US Dollar strengthened following stronger US...
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% |