Global News

The Organization of the Petroleum Exporting Countries (OPEC) and its allies decided to continue increasing their production next month, but only by 100,000 barrels per day

The US stock markets are at a better place today as investors try to put recent geopolitical tensions in the rearview mirror and turn their focus to today’s encouraging economic data

Sentiment is on the defensive on Sino-US jitters, while markets gear up for Wednesday’s meeting by OPEC+ in regards to production levels

The RBA delivered its fourth straight rate hike, but changed its rhetoric in a way that could be a precursor of more moderate moves ahead, sending AUD/USD lower

The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight

The pair heads towards the conclusion of a very bad month and week, due to cool-down in Fed hike expectations and the negative Q2 GPD print from the US

The pair is having a bad day, unable to build on Wednesday’s post-Fed rise, but covers some of its losses, helped by the greenback's negative reaction to the US GDP contraction

The US economy posted second back-to-back quarterly negative GDP, according to the preliminary data that were just released, against expectations for marginal growth

The US central bank delivered another 75 basis point rate increase on Wednesday, but offered no guidance, while reiterating its commitment to bring inflation down and brushing off recession fears

Black gold steadies after a volatile day, as investors weighed IMF’s lower economic growth forecasts and API’s stock drawdown, while awaiting the Fed later in the day

Australia’s Consumer Price Index hit the highest levels in two decades, but was a tad lower than expected and the pair is cautious, as markets brace for the Fed’s monetary policy decision