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...
US equities fell on Wednesday as skepticism on grounds for future AI returns pressured tech companies, while markets assessed earnings from retailers and FOMC minutes. The S&P 500 and the Nasdaq 100 lost 0.5% and 1%, respectively, while the Dow was slightly lower. Magnificent 7 companies fell...
China is considering permitting yuan-backed stablecoins for the first time as part of efforts to increase global adoption of its currency, according to a report from Reuters, citing sources familiar with the matter. This potential policy shift represents a significant reversal of China's previous...
EUR/USD advances steadily during the North American session as the Federal Reserve (Fed) unveils its latest Meeting Minutes. At the time of writing, the pair trades at around 1.1660 and clings to minimal gains of 0.13%. Hawkish Fed Minutes caps Euro's advance; Trump presses Fed governor to resign...
The Fed held rates steady at 4.25%–4.50% for a fifth straight meeting, as expected, but two governors dissented in favor of a cut the first such dual dissent since 1993. Policymakers observed that, while fluctuations in net exports continue to influence the data, recent indicators point to a...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
01.00 | U.S | FOMC Meeting Minutes | - | - |
06.00 | AUD | Flash Manufacturing PMI | 51.3 | 52.9 |
06.00 | AUD | Flash Services PMI | 54.1 | 55.1 |
07.30 | JPN | Flash Manufacturing PMI (JPN) | 48.9 | |
08.00 | AUD | MI Inflation Expectations | 4.7% |