17:50:00
2024 FOMC voting committee and Atlanta Fed President Bostic will speak on U.S. monetary policy in ten minutes.
17:41:14
WTI crude oil hit $84/barrel, up 0.91% on the day.
17:24:22
Japanese Prime Minister Fumio Kishida: Will speed up consideration of economic measures.
17:23:56
COMEX silver futures hit $25 an ounce, up 0.76% on the day.
17:08:34
Indonesian President Widodo will attend the G20 Summit in India on September 8.
17:03:59
According to Nikkei: Japan and the UK will sign an agreement on next-generation reactors.
16:58:02
Swiss banking experts say the SNB should relax its Emergency Liquidity Assistance (ELA) rules.
16:55:03
"Dr. Doom" Roubini: A 10% correction in global stock markets is not impossible.
16:53:46
"Doctor Doom" Roubini: Global markets may adjust in the second half of the year.
16:37:18
Rob Dobson, head of S&P Global Market Intelligence, commented on the UK manufacturing PMI in August: The positive side of the economic downturn is that input costs are currently falling at the fastest rate since January 2016, and inflationary supply chain problems are easing, which should have Help reduce commodity price inflation in the coming months. As a result, the survey data suggest policymakers will increasingly focus on concerns about the health of the economy as they consider the need for further rate hikes.
16:34:40
Russian Foreign Minister Lavrov: An online meeting involving United Nations members was held in August.
16:34:28
Russian Foreign Minister Lavrov: I told the Secretary-General of the United Nations that an online meeting on Ukrainian President Zelensky’s peace plan is unacceptable.
16:30:23
The UK manufacturing PMI recorded a record low of 43 in August.
16:30:02
The UK manufacturing PMI in August was 43, compared with the expected 42.5 and the previous value of 42.5.
16:20:00
The UK manufacturing PMI for August will be released in ten minutes.
16:16:23
French Minister of EU Affairs: The EU is taking rapid action to protect businesses and consumers.
16:04:09
Chevron Australia and the union will hold mediated talks next week, sources said.
16:00:49
London Metal Exchange (LME): Aluminum inventories decreased by 7,350 tons, copper inventories increased by 1,375 tons, nickel inventories decreased by 24 tons, lead inventories decreased by 250 tons, tin inventories were flat, and zinc inventories decreased by 400 tons.
16:00:02
The final value of Italy’s second-quarter GDP annual rate was 0.4%, expected to be 0.60%, and the previous value to be 0.60%.
15:58:38
[German manufacturing PMI is still sluggish, firmly in the contraction range below 50] S&P Global Comments on the final value of German manufacturing PMI in August: The downturn in German manufacturing continued into August. The decline in output has accelerated. Commodity producers remain pessimistic about the outlook for the year ahead, although slightly less pessimistic than in July. At the same time, weaker demand across the industry has led to lower input costs and factory-gate prices, albeit at a slower pace than in July. The HCOB German Manufacturing PMI recorded 39.1 in August, close to July’s 38.8. While the index rose slightly, thanks almost entirely to a component of supplier delivery times, it hit its second-lowest level since May 2020 and remained firmly in contraction territory below 50.