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...
European markets closed lower on Monday as investors assessed the economic outlook following signals from Federal Reserve Chairman Jerome Powell that interest rate cuts may be coming soon. The pan-European STOXX 600 dropped 0.5% at the start of trading, with most regional indexes trading in...
United States (US) President Donald Trump swung for the fences on Monday, touching on a broad range of subjects during a joint press conference with South Korean President Lee Jae Myung. In between delivering remarks on the Korean peninsula, Donald Trump fashioned himself as the ultimate peace...
The Australian Dollar (AUD) is holding firm against the US Dollar (USD) on Monday, with AUD/USD hovering close to the 0.6500 mark. The pair remains resilient despite a modest rebound in the Greenback, which is stabilizing after a sharp drop on Friday. At the time of writing, the pair is trading...
The US economy is slowing, according to a monthly index released Monday, increasing the likelihood that policymakers will cut interest rates next month. The Chicago Fed's National Activity Index fell slightly to minus 0.19 in July from a downwardly revised minus 0.18 in June. A reading below zero...
Time | Country | Figures | Previous | Actual |
---|---|---|---|---|
06.15 | U.S | FOMC Member Williams Speaks | - | - |
08.30 | AUD | Monetary Policy Meeting Minutes (AUD) | - | - |
12.00 | JPN | BOJ Core CPI y/y | 2.3% | |
19.30 | U.S | Core Durable Goods Orders m/m | 0.2% | |
19.30 | U.S | Durable Goods Orders m/m | -9.4% |