October 6, 2026
Oil price movements continue to dominate other financial markets. Despite stepped-up attacks by Iran on ships in the Strait of Hormuz, a downtrend has continued in the cost of oil that followed the G7 agreement to release some emergency stockpiled diesel and resumed oil flowing through the Saudi East-West pipeline. The prices of both West […] Read Article
October 2, 2026
Central Banks: Monetary policies will be reviewed in Peru, Iceland, Poland, India and Romania. Williams and Musalem of the Fed and Mann of the Bank of England have public speaking engagements. Policy meeting minutes from Federal Open Market Committee and European Central Bank Governing Board get published. Special Events and Holidays: National Golden Week in […] Read Article
September 29, 2026
Late yesterday came an announcement from the Bank of Jamaica of a 50-basis point increase in its policy interest rate to 6.0%, marking the first increase since November 2022. A released explanation of this directional rate reversal notes that since the prior policy review in August, The escalation of tensions in the Middle East and […] Read Article
September 30, 2026
The most dramatic financial market change during the third quarter was not in the price of oil but rather a 42% advance in the price of Bitcoin, nearly a fifth of which occurred in September. Nonetheless, a 30% jump in the price of West Texas Intermediate crude oil, along with a manic debate over the […] Read Article
October 5, 2026
(119) The Group of Seven consisting of Germany, France, Japan, Canada, Britain, Italy and the United States agreed to release 100 million barrels of oil. Oil movements through the Strait of Hormuz are significantly above the minuscule pace earlier this year, and oil flows Saudi Arabia’s damaged East-West pipeline are largely restored. All that being […] More
October 2, 2026
The prices of West Intermediate crude and Brent oil fell overnight by 3.8% and 2.4% in response to France’s proposed release of some strategic oil reserves. This attempt to supplement available global supply is something that the Trump administration has been asking European governments to do. A better flow of traffic through the key Strait […] More
October 1, 2026
The weighted DXY dollar index is at a 17-month high and 0.4% above the third quarter’s closing level. Overnight gains range between 0.3% and 0.4% against the yen, euro, sterling, kiwi and won and 0.5-0.6% relative to the Mexican peso and Indonesian rupiah. The dollar is unchanged against the Aussie dollar and Swiss franc and […] More
September 30, 2026
The dollar and U.S. equity futures marked time overnight as investors await key U.S. growth and inflation indicators. The U.S. currency is 0.1% softer against the yen, euro, Swiss franc, Canadian dollar, and kiwi. President Trump strengthened his pitch for a self-regulating AI industry. Stock markets in the Pacific Rim on this final session of […] More
September 29, 2026
Any U.S.-Iranian ceasefire deal before the U.S. midterm elections seems highly unlikely. And yet, the West Texas Intermediate price of crude oil settled back 0.8% from Monday’s closing level and at $91.86 is much closer to $90 than triple-digit territory. Somewhat greater traffic is moving through the Strait of Hormuz, and oil users are doing […] More
September 28, 2026
(120) Following President Trump’s “no deal” answer to Iran’s latest peace proposal, the West Texas Intermediate and Brent prices of crude oil have shot up around 4%. In turn, ten-year sovereign debt yields are up six basis points in the United States and Spain, eight bps in Italy, seven bps in France and four bps […] More
September 25, 2026
Central Banks: Interest rate meetings will be held in Colombia, Australia and Jamaica. Speaking publicly during the period will be RBA Governor Bullock, MPC members Mann and Ramsden of the Bank of England, Sleijpen of the ECB and Goolsbee, Musalem, Barkin, Kashkari, Williams, and Collins of the Federal Reserve. The Bank of Japan publishes its […] More
September 25, 2026
At the end of this hectic week, world investors are taking a breather. It’s been a light session from a data release standpoint, and folks await news from this final day of the two-day summit between the political leaders in China and the United States in NYC. A looming distraction in the background as been […] More
September 24, 2026
At the Bank of Norway, the policy rate was raised by 25 basis points in follow-up to a similar hike done earlier this year in May. The new 4.5% rate level returns as a result to the peak maintained from December 2023 until June 2025. Back in June, monetary officials had given a heads up […] More
September 24, 2026
With Japanese markets opening for their first session of this week, sharp rises occurred today in ten-year sovereign debt yields around the Pacific Rim, amounting to 15 basis points in New Zealand, 13 basis points in Australia, 11 basis points in Japan, 8 basis points in Singapore and 7 bps in South Korea. That set […] More
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