EUR/USD
1.16033
-0.106%
Gold
3340.22
-0.077%
Oil
62.771
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USD/JPY
148.451
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GBP/USD
1.34593
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GBP/JPY
199.809
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Real-time News
The U.S. July seasonally adjusted CPI and core CPI monthly rates, and the unseasonally adjusted CPI and core CPI annual rates will be announced in ten minutes.On August 12, OPEC on Tuesday raised its forecast for global oil demand next year, while lowering its projections for supply growth from the United States and producers outside the OPEC+ group, signaling a tightening market outlook. OPECs monthly report projected global oil demand to increase by 1.38 million barrels per day in 2026, up 100,000 barrels per day from its previous forecast. The forecast for this year remained unchanged. OPEC said oil supply from countries outside the Declaration of Cooperation would increase by approximately 630,000 barrels per day in 2026, a downward revision from the 730,000 barrels per day forecast last month. The prospect of growing global oil demand and weakening supply growth from non-OPEC+ producers will make it easier for OPEC+ to implement its plans, allowing it to regain market share through increased production after years of supply cuts to support the market. The report also showed that OPEC+ increased crude oil production by 335,000 barrels per day in July, following its decision to increase production quotas this year.OPEC Monthly Report: The global economy is on a stable growth track.OPEC Monthly Report: Maintains forecast for US economic growth in 2026 at 2.1%.OPEC Monthly Report: Trade-related uncertainties may have some inflationary effects, and fiscal and monetary policy measures are expected to help offset these impacts.
