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Australian Equities Hover at 2-Week High Ahead of Inflation Data
Australian shares rose 22 points, or 0.2%, to 9,186 in early trade on Wednesday, advancing for a third straight session. The local market tracked overnight gains on Wall Street, where...
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Heating Oil Extends Retreat
US heating oil futures extended their decline to around $4.15 per gallon, a two-week low, after reports that Iran and Oman had discussed an interim framework to restore shipping through...
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Japanese Shares Fall as Tech Stocks Weigh
The Nikkei 225 Index fell 0.7% on Wednesday to slip below the 65,500 level, erasing the previous session’s gains as technology and artificial intelligence-related shares came under renewed pressure. This...
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Gold Steadies Ahead of US PCE Inflation Data
Gold traded around $4,650 an ounce on Wednesday, holding near three-month highs as investors awaited the latest US PCE price index release, the Federal Reserve’s preferred inflation gauge. Markets...
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US Futures Steady Ahead of PCE Data, Nvidia Earnings
US stock futures were little changed on Wednesday as investors awaited the latest release of the US PCE price index, the Federal Reserve’s preferred inflation gauge. Nvidia’s quarterly results...
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China Fiscal Spending Up 1.3% in Jan-Jul
China’s general public budget expenditure rose 1.3% year-on-year to CNY 16.29 trillion in the first seven months of 2026. Central government spending increased 6.2% to CNY 2.48 trillion, while local...
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Oil Declines for Third Straight Session
Crude oil prices fell to around $81 per barrel on Wednesday, extending losses for a third straight session after reports that Iran and Oman discussed creating a “temporary joint maritime...
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US Crude Inventories Rise More Than Expected
US crude oil inventories increased by 4.2 million barrels in the week ending August 21st, significantly exceeding market expectations for a 1.9 million-barrel build and reversing the prior week’s 328,000-barrel...
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NZX 50 Edges Lower in Morning Trade
New Zealand shares slipped 15 points, or 0.1%, to 13,982 in Wednesday morning trade, erasing the previous session’s gains, with weakness concentrated in healthcare, energy, and utilities. Investors remained cautious...
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South Korea Manufacturing Sentiment Weakens
South Korea’s manufacturing Business Survey Index slipped to 81 in August 2026 from 82 in July, signaling a further weakening in overall business conditions. The production index inched down...