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 Hang Seng Index rose 43 points, or 0.2%, to close at 25,166 on Wednesday, reversing early losses and ending a four-day losing streak. Market sentiment improved as Chinese equities rallied, boosted by the People's Bank of China's decision to maintain its benchmark interest rate-a move expected...
The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled by Reuters had anticipated inflation would reach 3.7% in the twelve months to July, after it picked up to 3.6% in June,...
Gold edged higher as traders weighed the outlook for US monetary policy ahead of a key speech by Federal Reserve Chairman Jerome Powell later this week. Gold bullion prices traded near $3,330 per ounce as the market awaited clues from Powell's annual speech in Jackson Hole, Wyoming, on Friday....
The US Federal Reserve's decision last month to keep interest rates unchanged sparked a dissenting opinion from two leading central bankers who wanted to lower rates to prevent further labor market weakness. The outcome of the two-day meeting on Wednesday could indicate whether their concerns are...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
03.30 | U.S | API Weekly Statistical Bulletin | - | - |
06.50 | JPN | Core Machinery Orders m/m | -0.6% | 3.0% |
06.50 | JPN | Trade Balance (JPN) | -0.24T | -0.30T |
08.00 | CHN | 1-y Loan Prime Rate | 3.00% | 3.00% |
08.00 | CHN | 5-y Loan Prime Rate | 3.50% | 3.50% |