Tue, 09/08
Japan's current account surplus came in well above forecast and swung sharply positive from a prior deficit, while Q2 real GDP growth was revised up above both the preliminary reading and the poll forecast.
5 items
Mon, 09/07
Kpler data show Strait of Hormuz vessel crossings averaging 10 commodity vessels a day on a 10-day moving average, the lowest since May.
5 items
Sun, 09/06
Oil prices are on track for another weekly gain as the Iran war continues, with the Strait of Hormuz—which handled nearly 20 million barrels daily before U.S. and Israeli strikes—facing structural disruption.
6 items
Sat, 09/05
Barclays said Middle East oil outflows have risen from earlier in the conflict, but the oil market remains in deficit because inventory buffers are now much lower.
4 items
Fri, 09/04
The US is escalating pressure on Iran with new sanctions and additional military strikes, targeting Iran's remaining trade links and Hormuz shipping security.
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Thu, 09/03
The US military escorted 40 commercial ships carrying 18 million barrels of oil through the Strait of Hormuz on Tuesday, a wartime record, while intercepting drone attacks and destroying an anti-ship cruise missile amid ongoing US-Iran clashes.
6 items
Wed, 09/02
BOJ Governor Ueda declined to confirm markets' strong expectation of a September rate hike, saying recent data has been roughly in line with the bank's projections and its policy stance is largely unchanged.
6 items
Tue, 09/01
Japan's Q2 company profits rose 24.6% year-on-year, well above the 15.2% estimate and up from 14.6% prior, with sales up 5.9% and capital spending up 1.6% versus an expected 0.3% decline.
6 items
Mon, 08/31
US forces struck two Iranian IRGC rocket launchers on Larak Island after an attempted mine-laying operation in the Strait of Hormuz, prompting an Iranian missile retaliation toward Jordan.
5 items
Sun, 08/30
QatarEnergy extended its force majeure on LNG deliveries by several weeks as the Strait of Hormuz remains blocked, with cargo cancellations to Pakistan and Bangladesh continuing through October and some European deliveries beyond September also cancelled.
5 items
Sat, 08/29
Trump announced a US-Venezuela agreement giving the US majority control of Venezuelan oil reserves, which the administration says will increase oil supply and lower gasoline prices.
6 items
Fri, 08/28
A 7,000-tonne tanker carrying petroleum products caught fire near Incheon, South Korea on August 28; the fire was extinguished with 2 crew members dead and 16 rescued.
5 items
Thu, 08/27
Gold fell 1.4% to $4,590 after reaching a three-month high, as stronger US inflation data lifted the dollar and Treasury yields.
6 items
Wed, 08/26
Japan's 10-year JGB futures rose 0.28 point in early trade, indicating bond prices are moving higher.
4 items
Tue, 08/25
Spot silver rose 1.00% intraday to $69.64 per ounce.
7 items
Mon, 08/24
A batch of commodity and freight data crossed the wire: the Shanghai container freight index rose 54.39 points to 3409.63, while China's composite freight index fell 1.4% to 1821.65; coking coal and coke prices are set to rise 50–55 yuan/tonne from August 24; and Pro Farmer projects U.S. soybean yield at 53.3 bu/acre and production at 4.572 billion bu.
7 items
Sun, 08/23
Iraq has announced plans to more than double its oil output to between 8 and 10 million barrels per day within six years, up from 4 million bpd, and is lobbying OPEC for a higher production quota. Separately, low Rhine river levels are restricting barge loads and limiting fuel and industrial transport across central Europe.
6 items
Sat, 08/22
Treasury Secretary Bessent doubled bond buybacks in a surprise move, but the effort failed to keep buyers in the market — investors went back to selling US government bonds shortly after.
5 items
Fri, 08/21
Nvidia has agreed to pay $6 billion to license AI models from coding startup Poolside and invest an additional $1 billion at a $12 billion valuation. Nvidia will also absorb most of Poolside's engineering team while Poolside remains an independent company.
7 items
Thu, 08/20
ZeroHedge reports the US added its latest $1 trillion in national debt in just 95 days, contrasting with the 200 years it took to accumulate the first $1 trillion.
7 items