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 S&P 500 closed 0.4% higher on Tuesday, bolstered by gains in Nvidia, as investors balanced optimism over corporate earnings with concerns about President Trump's unprecedented removal of Federal Reserve Governor Lisa Cook. The Dow Jones added 135 points, while the Nasdaq rose 0.4%. Nvidia...
The Conference Board's measure of consumer confidence fell to 97.4 in August from 98.7 in July, compared with a larger decrease expected to a reading of 96.5 in a survey compiled by Bloomberg as of 7:30 am ET. The present situation reading decreased to 131.2 from 132.8, while the expectations...
Gold prices hit a more than two-week high on Tuesday (August 26) after US President Donald Trump said he would fire Federal Reserve Chair Lisa Cook, a move widely seen as eroding the central bank's independence and undermining confidence in US assets. Spot gold rose 0.4% to $3,378.64 an ounce at...
Federal Reserve (Fed) Bank of Dallas President Lorie Logan mused about making key policy adjustments at the Fed on Monday, stressing the need for more effective policy communication.The US has more room to reduce reserves.Responding to banks' increased short-run demand for reserves is a recipe for...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
03.30 | U.S | API Weekly Statistical Bulletin | - | - |
07.30 | AUD | MI Leading Index m/m | 0.0% | |
08.30 | AUD | CPI y/y | 1.9% | |
08.30 | AUD | Construction Work Done q/q | 0.0% | |
13.00 | EUR | German GfK Consumer Climate | -21.5 |