Reserve Bank of India: Stability in core inflation reflects a general easing of price pressures.

Reserve Bank of India: Vegetable price adjustment has not yet been completed; more adjustments are expected to push retail inflation down in September.

Reserve Bank of India: The Reserve Bank of India made net purchases of $3.47 billion in the spot foreign exchange market in July.

RBI: Our Economic Activity Index (EAI) forecasts GDP growth of 6.6% in the second quarter of 2023-24.

Reserve Bank of India: The supply side is improving and overall inflation has eased.

Reserve Bank of India: Indian economy is strengthening due to domestic drivers.

JODI: Saudi direct combustion of crude oil increased by 49,000 barrels per day in July to 592,000 barrels per day.

JODI: Saudi crude oil inventories fell by 2.962 million barrels in July to 146.731 million barrels.

JODI: Saudi Arabia’s domestic refinery crude oil processing volume fell by 3,000 barrels per day in July to 2.559 million barrels per day.

Governor of Iran’s Central Bank: Frozen funds have been transferred from South Korea to Qatar.

Market news: Oman Oil Company’s pipeline unit plans to raise up to 297 million riyals through an initial public offering.

Market news: It is reported that sanctioned Iranian oil funds will be transferred to Qatar.

According to RIA Novosti: The Russian Defense Ministry stated that Russia is holding exercises to protect Arctic sea lanes.

National Bank of Kuwait: Oil prices continue to rise on strong seasonal demand and production cuts by Saudi Arabia and Russia.

An agency survey showed that 55 of the 56 economists surveyed expected the Bank of England to raise interest rates by 25 basis points on Thursday. The median survey showed that the Bank of England would support a 25 basis point interest rate hike with a vote ratio of 8:1. .

Market news: Hedge funds increased net short bets on the euro to the highest level since January.

Citigroup: The CTA strategy has pushed up oil prices in the short term, and may even cause oil prices to briefly rise to $100/barrel.

Citigroup: Oil prices are expected to be US$84/barrel in 2023 and US$84/barrel in the fourth quarter; in the first quarter of next year it will be US$80/barrel, and the average price for the whole year next year will be US$74/barrel.

Citi: The global oil supply and demand balance forecast will still shift from a decrease in inventories of 1.5 million barrels per day in the third quarter of 2023 to an increase in inventories of at least 2 million barrels per day in the fourth quarter of 2023.

Market news: Ant Financial plans to divest from a US$100 million fund and exit the cryptocurrency field.