17:37:44
Australian Government: Consumer price inflation forecast is 3.25% in 2023/2024, 2.75% in 2024/2025 and 2.5% in 2025/2026.
17:36:48
Australian Government: The wage price index is expected to peak at 4% in 2023-2024.
17:36:28
Australian Government: Net debt is expected to be A$574.9 billion in 2023-2024, accounting for 22.3% of GDP.
17:36:06
Australian Government: Unemployment rate expected to rise from 3.5% to 4.25% in Q2 2024.
17:35:30
Australian government: Raise the long-term price forecast for iron ore to US$60/ton and thermal coal to US$70/ton.
17:33:20
The Australian government forecasts a budget deficit of $13.9 billion in 2023/2024, or 0.5% of GDP, and a deficit of $35.1 billion in 2024/2025, or 1.3% of GDP.
17:31:51
European Central Bank Chief Economist Lane: Interest rates are the main tool to bring inflation back to 2%.
17:31:33
European Central Bank Chief Economist Lane: We are currently reducing the balance sheet.
17:17:59
Norges Bank Governor: We attach great importance to employment, but will set interest rates to bring inflation back to target.
17:17:27
Norges Bank Governor: Price stability is the main goal of monetary policy.
17:17:26
Bank of America: Even if the demand outlook is weak, we expect the gap in the oil market to reach 1 million barrels per day in the second half of 2023 and 400,000 barrels per day in 2024, which will provide support for Brent crude oil prices.
17:15:28
Bank of America: Maintains 2024 Brent crude oil price forecast at $90/barrel, on belief that OECD demand will eventually improve and OPEC+ will likely continue to "pre-emptively manage supply".
17:15:11
Bank of America: If OPEC+ chooses to extend production cuts by another 500,000 barrels or 1 million barrels per day, the (supply) deficit may widen.
17:14:33
Bank of America: The average Brent crude oil price forecast for 2023 was lowered to $80 a barrel, "negative macro trends will amplify future weak demand."
17:14:13
Bank of America: The forecast for global oil consumption growth in 2023 and 2024 has been lowered to 1.2 million barrels per day and 1 million barrels per day, because OECD demand is expected to decrease by 400,000 barrels per day this year and 200,000 barrels per day next year barrel/day.
17:03:12
Deputy Governor of the Hungarian Central Bank: The goal is to bring inflation down significantly.
17:02:37
Deputy Governor of the Hungarian Central Bank: The current situation is very clear, and our main goal is to reduce inflation as soon as possible.
17:02:05
U.S. Bipartisan Policy Center: The U.S. could hit the debt ceiling and default on its debt between early June and early August, depending on income.
17:01:01
Qatar priced June offshore crude oil at a premium of US$0.95/barrel to Oman/Dubai crude oil; onshore crude oil was priced at a premium of US$0.95/barrel to Oman/Dubai crude oil.
16:55:47
UN human rights office: Iran has executed 209 people since January, its record "outrageous".
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