Australian CPI Rises to 4.0%, Underlying Inflation Cools
Australia's annual inflation rate climbed to 4.0% in August, primarily driven by fuel costs, while a key underlying measure eased.
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Australia's annual inflation rate climbed to 4.0% in August, primarily driven by fuel costs, while a key underlying measure eased.
A private survey indicates China's manufacturing and services sectors expanded more than anticipated in September, suggesting economic resilience.
China's official manufacturing PMI edged into expansionary territory in September, reaching 50.1, aligning with market expectations.
Australia's annual inflation rate remained at 4.0% in August, matching economists' forecasts, with fuel costs noted as a key contributor.
BlackRock's digital assets team suggests autonomous AI agents could generate new demand for cryptocurrencies and tokenized assets.
OPEC+ is expected to keep November oil production quotas unchanged, with actual supply disruptions having a greater market impact than targets.
Westpac forecasts an additional Reserve Bank of Australia interest rate increase in November, citing energy prices and inflation concerns.
A recent Starship flight is seen by Citi as a significant step towards its ambitious long-term valuation target for SpaceX.
Robinhood is expanding its trading platform with new features like AI agents, perpetual futures, and extended weekend trading.
Mediation efforts between the US and Iran have yielded little progress, contributing to ongoing uncertainty in crude oil markets.
Boeing shares advanced following its selection to develop the US Navy's next-generation fighter, while Northrop Grumman experienced a dip.
A recent private survey indicated an unexpected increase in crude oil stockpiles, contrasting with market expectations for a decline.
Australia's August CPI figures, released post-RBA rate hike, will shape market expectations for upcoming monetary policy decisions.
China's September Purchasing Managers' Index data, released before a week-long national holiday, provides insight into the economy.
Wednesday's Asian session features key economic data, including multiple Chinese PMI reports and Australia's latest inflation figures.
US stock markets ended Tuesday with varied performance, as strength in the tech and semiconductor sectors contrasted with broader declines.
US 30-year Treasury yields climbed to their highest level since 2002, as economic data presented a mixed picture for the market outlook.
Puffer Finance's UniFi platform is integrating Anchorage Digital's institutional settlement layer, enhancing security and operational efficiency for liquid staking.
Cboe Global Markets and S&P Dow Jones Indices are extending their licensing agreement, potentially exploring tokenized options contracts.
A Bank of England policymaker suggests a lone interest rate increase might be misconstrued as the start of a tightening cycle.
Federal Reserve Vice Chair Michael Barr forecasts stronger economic growth in the second half of the year, while highlighting persistent inflation challenges.
Crude oil futures experienced a notable decline, influenced by news of a potential US Strategic Petroleum Reserve release.
zk.money, a privacy protocol for Ethereum, has relaunched after a three-year hiatus, integrating with the Aztec network for private transactions.
The United States intends to release up to 40 million additional barrels from its Strategic Petroleum Reserve, impacting oil markets.
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