adminNY Fed’s Perli: Markets were prepared to view last week’s rate cut properly
By Michael S. Derby NEW YORK (Reuters) – The central bank official responsible for implementing monetary policy at the New York Federal Reserve said on Tuesday financial markets were prepared…
OPEC Doubles Down on Forecast for Unfettered Oil Demand Growth
(Bloomberg) — OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate…
OPEC rolls out global oil outlook to 2050, sees no peak demand
By Alex Lawler LONDON (Reuters) -OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and…
Mexico’s Inflation Slows More Than Expected Before Banxico Vote
(Bloomberg) — Mexico’s headline inflation slowed more than expected in early September, likely giving Banco de Mexico room to cut borrowing costs for a second straight month at Thursday’s interest…
Mexico’s annual inflation undershoots forecasts ahead of rate decision
(Reuters) – Mexico's annual inflation slowed more than expected in the first half of September, official data showed on Wednesday, paving the way for the country's central bank to deliver…
Iron Ore Spikes as Beijing Takes Slew of Steps to Aid Economy
(Bloomberg) — Iron ore spiked after China announced a series of major measures to boost growth and shore up its beleaguered property market, buoying the demand outlook in the world’s…
Bank Indonesia to cut twice in Q4 as Fed easing shores up FX confidence, Reuters poll shows
By Rahul Trivedi BENGALURU (Reuters) – Bank Indonesia (BI) will cut interest rates twice more this year following a surprise reduction on Sept. 18, a Reuters poll of economists predicted,…
FTC set to greenlight Chevron’s $53 billion buy of oil rival Hess, sources say
By Sabrina Valle (Reuters) -The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the…
Oil Edges Higher as Israeli Strikes on Lebanon Raise Nervousness
(Bloomberg) — Oil edged higher after Israel launched airstrikes on Lebanon that killed nearly 500 people and raised fears of a full-blown war in the Middle East. Most Read from…
Microsoft stock receives rare downgrade as analyst says it’s ‘beholden’ to Nvidia
Microsoft (MSFT) received a rare Wall Street downgrade on Monday over concerns the tech giant's AI lead is diminishing while it has become too reliant on Nvidia (NVDA) for its…
