China doubles May fuel exports but volumes stay well below pre-war levelsOil rally gathers pace on blockade extension reports, US dollar firms.Australian dollar...
China has approved 500,000 metric tons of refined fuel exports for May, nearly double April's quota but still well below pre-war levels as Beijing maintains exp...
Brent rose for an eighth day to above $111 and WTI topped $100 on reports Trump will extend the Iran port blockade. The dollar firmed. Earlier, US crude invento...
Data is here:Australia headline and core inflation above RBA target.Trimmed Mean (core) was 0.8% q/q vs. 0.9% expected and prior 0.9%. March month headline 4.6%...
RBNZ governor Breman:First quarter measures of core inflation have remained stable within the target band of 1–3%Monetary policy committee continues to keep a c...
I'll be back separately with details and implications (TL;DR ... May rate hike). more to come Earlier:Iran war is supercharging inflation and putting a May RBA ...
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.Injects 25.9bn yuan via 7-day reverse repos in open market operates toda...
Trump has chosen an extended Iran blockade over bombing or diplomacy, betting economic pressure will force nuclear concessions. Talks are stalled and officials ...
Analysts warn the yuan faces earlier-than-usual seasonal weakness as Chinese firms hedge nearly $70bln in dividends, with June's $24.1bln peak a record. (pro ti...
The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most close...
US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lost revenue and risking permanent damage to ...
Dow Jones/Market Watch cite analysts who say Kazakhstan and possibly Iraq could follow the UAE out of OPEC, though Baghdad has denied any plans to leave. Analys...