
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...
Japanese equities fell on Wednesday after the country saw its steepest export drop in over four years. Exports fell 2.6% in July as US tariffs weighed on global commerce, the Ministry of Finance reported Wednesday. The Nikkei 225 fell 145.63 points to open at 43,400.66, tracking a sharp retreat...
The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products. The...
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 98.30 during the Asian trading hours on Wednesday. Diminishing odds for a more aggressive policy easing by the Federal Reserve (Fed) after a...
Federal Reserve Chairman Jerome Powell is set to speak at the annual central bank symposium this week amid growing bets that a rate cut is nearly guaranteed next month. But Powell may defy expectations, refusing to cave as the final battle against inflation looms large, Scotiabank (TSX:BNS)...
| 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% |