RBA Governor Bullock to Speak Amidst Rate Hike Expectations
RBA Governor Michele Bullock will deliver remarks today, with markets anticipating a potential rate hike at the upcoming September meeting.
Latest commodities news and market analysis
RBA Governor Michele Bullock will deliver remarks today, with markets anticipating a potential rate hike at the upcoming September meeting.
A Trump administration proposal seeks a $5 billion fund to rebuild Middle Eastern energy sites and diversify transport routes.
Bank of Canada Governor Tiff Macklem discusses the persistence of inflation, fuel margins, and the revised growth forecast.
Bank of Canada Governor Tiff Macklem expressed concerns that elevated fuel margins could prolong headline inflation.
Oil prices fell today, driven by market optimism for a potential diplomatic resolution to tensions between the US and Iran.
A Federal Reserve official recently emphasized that robust consumer demand could be sustaining US inflation, influencing the Fed's policy st
USD/JPY approaches critical levels, with yen depreciation and thin holiday liquidity raising potential for Japanese intervention.
European stock markets began the week positively, supported by declining oil prices and a calmer bond market environment.
Oil prices have softened slightly, with Brent crude dipping below recent highs, while WTI experienced a mechanical price adjustment.
Crude oil prices saw an initial jump at market open, influenced by Middle East developments, before retreating later in the session.
Recent policy changes regarding potential US airstrikes against Houthi forces are influencing energy market risk premiums.
JPMorgan reports surprisingly strong Middle East oil flows, averaging 17 million barrels daily despite a Saudi pipeline outage.
Australia's major banks now anticipate a Reserve Bank of Australia rate increase to 4.60% at its upcoming September meeting.
Oil prices initially rose on heightened geopolitical risk but later eased as market participants await US policy decisions regarding Iran.
Bank of America reaffirms its projection for two more quarter-point Federal Reserve rate hikes in October and December.
Goldman Sachs warns European and Asian natural gas benchmarks could climb significantly if Persian Gulf LNG exports remain constrained.
Leveraged funds recently adopted a net long position on the Japanese Yen, marking a significant shift in market sentiment.
Economists are incrementally raising their estimates for the neutral interest rate, suggesting a structural shift that could impact long-ter
Crude oil futures saw an uptick in early trading as market participants assessed recent geopolitical developments in the Middle East.
A significant drone assault on the Moscow region reportedly struck the capital's primary oil refinery, raising concerns about local fuel sup
Oil and LNG transit through the Strait of Hormuz has reportedly hit a six-month high, though geopolitical risks persist in the region.
Japanese yen faces potential heightened volatility this week as Tokyo markets observe several holidays, leading to reduced liquidity.
WTI crude oil prices fell, influenced by updates suggesting a partial restoration of Saudi oil production capacity and ongoing diplomatic ef
RBA Governor Bullock noted that previously identified inflation risks are materializing, partly due to Middle East oil price increases.