10+ hour, 3+ min ago   (285+ words) Bullish weekend for oil: CICC has lifted its Brent forecast on the view that Middle East supply losses are proving stickier than expected, while flagging that oil above $100 could finally start denting demand. China International Capital Corp has raised its…...

16+ hour, 15+ min ago   (589+ words) Eyes are not on the kwiwi $ right now: New Zealand's services sector notched its strongest reading since returning to growth, but with sentiment souring and half the sub-indices still in contraction, this looks like a fragile recovery rather than a…...

17+ hour, 49+ min ago   (234+ words) Lagarde says the inflation shock from the Iran war has further to run, while separately warning that sky-high AI valuations could be due a correction. European Central Bank president Christine Lagarde said the current inflation shock facing the euro area…...

2+ day, 20+ hour ago   (195+ words) The market is already priced at 86% so they're late to the party on this one. Might as well also put out a forecast for Spain to win the 2026 FIFA World Cup. In any case, all that's at stake now is…...

1+ week, 3+ day ago   (339+ words) Details for the month of August: The Canada employment report for August was weaker than expected. Employment fell by 41.7K, well below the expected gain of 15.0K, with losses in both full-time and part-time positions. Full-time employment declined by 35.9K, while part-time employment…...

3+ day, 16+ hour ago   (159+ words) New Zealand manufacturing kept growing in August, just at a softer pace, with employment the sub-index worth watching closest. McClatchy slashes 40% of staff in bloodiest round of layoffs, gutting newsrooms nationwide. Tesla's Cybercab ditches steering wheel for hidden joystick, promising…...

4+ day, 50+ min ago   (656+ words) U.S. wholesale inventories increased strongly in July, while sales rebounded following June’s decline. Inventories grew faster than sales during the month, pushing the inventories-to-sales ratio modestly higher. July inventories: $958.9 billion Month over month: +1.3% versus 1.3% expected Year over year: +5.7% The monthly increase…...

4+ day, 2+ hour ago   (370+ words) The US dollar is sizzling today as the market senses that the Fed will have no other choice but to hike rates. Oil is up for the eigth consecutive day and the gains are accelerating. WTI is up $4.25 on the…...

4+ day, 3+ hour ago   (454+ words) Oil prices and bond yields continue to push higher in European trading today, offering a timely reminder to broader markets that inflation risks remain very much in focus. Brent crude is up over 1% to above $102, while WTI crude now up…...

4+ day, 7+ hour ago   (869+ words) The European Central Bank is widely expected to raise its deposit rate by 25 basis points to 2.50% today, with the move already fully priced in by the markets. With the rate decision itself unlikely to provide much of a surprise, the…...