Saturday, 23 August 2025
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GLOBAL
OPEC lifts 2026 oil demand view and trims supply growth from rivals
Tuesday, 12 August 2025 19:15 WIB

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...

MARKET UPDATE
Europe markets close higher as Fed rate cut hopes mount
Saturday, 23 August 2025 00:06 WIB

European stock markets closed higher on Friday, as investors continued to assess the full scope of the European Union's trade deal with America and hopes rose for a U.S. interest rate cut in September. The pan-European Stoxx 600 provisionally closed 0.47% higher, with top sectors including...

ECONOMY
Zelenskiy Says He Has No Contact with Russia Regarding Peace Talks
Friday, 22 August 2025 19:28 WIB

Ukrainian President Volodymyr Zelenskiy said he has not been in contact with Russia regarding potential peace talks, although his dialogue with the US is ongoing. Speaking at a joint press conference with NATO Secretary-General Mark Rutte in Kyiv on Friday, Zelenskiy said he did not want to set...

COMMODITY
USD/CHF tumbles as Powell's Jackson Hole remarks trigger US Dollar selloff
Saturday, 23 August 2025 02:11 WIB

The Swiss Franc (CHF) surges against the US Dollar (USD) on Friday after Federal Reserve (Fed) Chair Jerome Powell's remarks at the Jackson Hole Symposium triggered a broad-based Greenback selloff. At the time of writing, USD/CHF is trading near 0.8003, down almost 1% on the day after briefly...

FISCAL & MONETARY
Trump Says He'll Fire Fed's Cook If She Doesn't Resign
Saturday, 23 August 2025 00:41 WIB

President Donald Trump said he would fire Lisa Cook from the Federal Reserve's Board of Governors if she does not resign her post over mortgage-fraud accusations from a top White House ally. "I'll fire her if she doesn't resign," Trump told reporters on Friday.  The...

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