EL7.AI
Strategy BuilderCOT Data
ResearchNewEarnings CalendarEconomic Calendar
We use cookiesPrivacy Policy

News Archive

EL7.AIEL7.AI

AI Financial Intelligence
Professional analysis of central bank decisions

© 2026 EL7.AI. All rights reserved.

Markets

  • News
  • Forex
  • Stocks
  • Crypto
  • Gold
  • Commodities
  • Indices
  • ETFs

Analysis

  • Fed
  • ECB
  • COT
  • Economic Calendar

Learn

  • Service Guide
  • MCP Server
  • Oil

Company

  • About
  • Contact
  • Data Methodology
  • AI Disclosure
  • Pricing
  • Enterprise
  • Terms
  • Privacy
  • Security
  • WhatsApp
Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

October 23, 2026Connected
183 storiesLast updated: 2:22:34 AMPage 3 of 4

Stocks

StocksBullishUpdated×2

Rio Tinto to invest $1.9 billion in Kangwinan to bolster Australian bauxite supply

Key Facts

  • •Rio Tinto plans to invest US$1.9 billion to develop the Kangwinan bauxite project in Queensland.
  • •Weipa's total annual capacity will rise to around 44 million tonnes, compared with current production of about 38 million tonnes.
  • •The company expects an internal rate of return of around 22%, based on third-party market forecasts.
Impact:
5/10
RIO
about 2 hours ago

Central Banks

Central BanksBullishUpdated

Fed Expected to Hold Rates at 3.75%–4% in October, With Further Hikes Still on the Table

Key Facts

  • •Reuters expected the U.S. interest rate range to remain at 3.75%–4% at the October meeting.
  • •The U.S. 10-year Treasury yield fell 19.8 basis points to 4.951% in the 22 October session.
  • •The probability of a December rate increase remained priced at around 90% in the Reuters report published in early October.
Impact:
5/10
about 2 hours ago

General

GeneralNeutralUpdated

Pentagon Reaffirms Ban on Using Military Information for Bets After Charges Alleging Profits Exceeding $400,000

Key Facts

  • •The indictment accuses Van Dyke of generating illicit profits exceeding $400,000.
  • •Prosecutors say Van Dyke's bets linked to the operation totaled about $33,034.
  • •The indictment alleges Van Dyke traded contracts linked to Maduro and Venezuela on 13 separate occasions.
Impact:
5/10
about 2 hours ago

Mergers & Acquisitions

Mergers & AcquisitionsNeutralUpdated

Black Hills, NorthWestern merger targets utility with $15.4 billion enterprise value

Key Facts

  • •The South Dakota Public Utilities Commission estimated the combined company's enterprise value at about $15.4 billion, serving about 2.1 million customers across 8 states.
  • •NorthWestern shareholders will receive 0.98 Black Hills shares for each share they own at closing, under a fixed exchange ratio.
  • •The merger proxy statement projected that Black Hills shareholders would own about 56% and NorthWestern shareholders about 44% of the combined company's common stock.
Impact:
5/10
BKHNWE
about 3 hours ago

Crypto

CryptoBullishUpdated×2

US Bitcoin Funds Draw $524.8 Million as Ethereum Flows Turn Positive

Key Facts

  • •US spot bitcoin funds attracted net inflows of $524.8 million in the session on 21 October 2026.
  • •IBIT led bitcoin inflows with $235.0 million, followed by FBTC with $212.7 million.
  • •US spot ethereum funds recorded net inflows of $14.9 million in the session on 21 October 2026.
Impact:
5/10
BTCUSDETHUSD
about 3 hours ago

Macro Economy

Macro EconomyBullishUpdated×4

Japan’s Annual Inflation Rises to 2.1% in September

Key Facts

  • •Japan’s National Consumer Price Index (CPI) rose 2.1% YoY in September, up from the previous reading of 1.9%.
Impact:
5/10
USDJPY
19 minutes ago

Commodities

CommoditiesBullishUpdated

Brent jumps 4% to close at $113.17 amid Hormuz shipping risks

Key Facts

  • •Brent closed at $113.17 a barrel on October 22, 2026, according to EL7.AI platform data.
  • •Brent jumped 4% during the session and touched a 5-month high, according to the Associated Press.
  • •Observed global oil inventories at the end of September were 509 million barrels below pre-war levels.
Impact:
5/10
BZUSDCLUSD
about 1 hour ago

Forex

ForexBearishUpdated

Australian Inflation at 4.0% as Central Bank Warns of Worsening Price Outlook Ahead of September Data

Key Facts

  • •Australia's annual inflation rose to 4.0% in August 2026, from 3.5% in July.
  • •Australia's Monetary Policy Board unanimously raised interest rates by 25 basis points to 4.60% at its September meeting.
  • •Australia's manufacturing purchasing managers' index stood at 49.6 points in September, compared with 52.0 points in August.
Impact:
5/10
AUDUSD
about 3 hours ago

Bonds

BondsBullishUpdated

U.S. Treasury Yield Falls to 4.97% as AI Stocks Slide

Key Facts

  • •The 10-year U.S. Treasury yield fell to 4.97% from 5.13% late in the previous session.
  • •The Nasdaq Composite fell 2.6% in the October 22 session.
  • •Initial jobless claims fell to 194,000 in the week ended October 17, compared with 200,000 in the previous week.
Impact:
5/10
ZNUSD
about 6 hours ago

Geopolitics

GeopoliticsBearish

US Military Bans BYD Vehicles from Japan Air Base Over Security Concerns

Key Facts

  • •US military officials in Japan stated that Kadena Air Base in Okinawa will stop using BYD cars starting Monday.
  • •The measure targets vehicles used by base personnel, contractors, commercial entities, and taxis.
  • •Officials believe cameras and sensors on the vehicles could collect and leak sensitive security information.
Impact:
5/10
15 minutes ago
183 stories this day
StocksBullishUpdated

Alkane Resources Reports $206M Revenue on Strong Gold Sales in September Quarter

Key Facts

  • •Alkane Resources produced 40,740 gold equivalent ounces during the September quarter.
  • •Mine operating cash flow reached A$102 million with total cash, bullion, and investments at A$459 million.
  • •Group all-in sustaining costs were A$2,805 per gold equivalent ounce, below the full-year guidance range.
Impact:
5/10
XAUUSDGCUSD
about 2 hours ago
StocksMixedUpdated

Whitehaven lifts coal output 22% to 11.0 million tonnes as export disruptions weigh

Key Facts

  • •Run-of-mine coal production from managed operations reached 11.0 million tonnes, up 3% quarter on quarter.
  • •Run-of-mine coal production from managed operations rose 22% year on year.
  • •The company's equity share of sales of produced coal fell 5% to 6.0 million tonnes.
Impact:
5/10
about 2 hours ago
StocksBullishUpdated

1st Source EPS of $2.03 Beats Third-Quarter Estimates

Key Facts

  • •Earnings per share reached $2.03 in the third quarter of 2026, compared with expectations of $1.83, a difference of $0.20.
  • •Third-quarter 2026 revenue totaled about $118.84 million, compared with expectations of $118.11 million.
  • •Earnings per share in the third quarter of 2025 were about $1.71, with revenue of $110.26 million.
Impact:
5/10
SRCE
about 2 hours ago
StocksBullish

Primis Financial Reports $8.7 Million Q3 Net Income and Declares Dividend

Key Facts

  • •Primis Financial Corp. reported net income of $8.7 million, or $0.35 per diluted share, for the third quarter of 2026.
  • •The company declared a quarterly cash dividend of $0.10 per share.
  • •Net income increased year-over-year from $6.8 million, or $0.28 per share, in the third quarter of 2025.
Impact:
5/10
FRST
about 2 hours ago
StocksMixedUpdated

RingCentral EPS hits $1.33, beats estimates as annual guidance rises

Key Facts

  • •Adjusted earnings per share were $1.33 versus expectations of $1.28, a beat of $0.05.
  • •Quarterly revenue totaled $676 million versus $639 million a year earlier, up 5.9%.
  • •Annual adjusted earnings-per-share guidance now stands at $5.07 to $5.12 versus consensus of $5.03.
Impact:
5/10
RNG
about 6 hours ago
StocksBullish

RingCentral Forecasts Up to $630 Million in Free Cash Flow for Fiscal 2026

Key Facts

  • •RingCentral expects fiscal 2026 free cash flow to be between $620 million and $630 million.
  • •Adoption of agentic voice AI has reached approximately 15% of the company's Annual Recurring Revenue (ARR).
Impact:
5/10
RNG
about 2 hours ago
StocksBearishUpdated

Old Second profit rises to $28.9 million, earnings per share miss estimates

Key Facts

  • •Old Second Bancorp's net income totaled $28.9 million in the third quarter of 2026.
  • •Revenue totaled $97.1 million, compared with a consensus forecast of $98.22 million.
  • •The net interest margin on a tax-equivalent basis was 5.27%.
Impact:
5/10
OSBC
about 3 hours ago
StocksBullishUpdated

Provident authorized 5% share buyback in January, with program ending in early 2027

Key Facts

  • •The board authorized the repurchase of up to 5% of common shares, equivalent to approximately 318,875 shares.
  • •The remaining buyback authorization stood at 174,605 shares on June 30, 2026.
  • •Net income rose to $2.18 million in the June 2026 quarter, up 61% from the previous quarter.
Impact:
5/10
PROV
about 3 hours ago
StocksBearishUpdated

BeFra Revenue Jumps 43.1% in Third Quarter With First Full Tupperware Contribution

Key Facts

  • •BeFra revenue reached a record of about 4,832 million Mexican pesos with Tupperware's first full quarterly contribution.
  • •Group revenue rose 43.1% year on year.
  • •Organic revenue growth excluding Tupperware was 2.3%.
Impact:
5/10
about 3 hours ago
StocksBullishUpdated

Liberty Energy Targets 500-Megawatt Data Center Power Contract by December

Key Facts

  • •Liberty Power Innovations aims to sign its first power services contract for approximately 500 megawatts by December 2026.
  • •The strategic development agreement covers integrated power services totaling 1.2 gigawatts for data center campuses.
  • •Liberty Energy reported a third-quarter net loss of $39 million.
Impact:
5/10
LBRT
about 4 hours ago
StocksMixedUpdated

SK Hynix halts review of Solidigm IPO at potential valuation of up to $150 billion

Key Facts

  • •Reuters reported, citing sources before the review was halted, that the potential offering could value Solidigm at up to $150 billion.
  • •The potential offering could raise $15 billion, according to Reuters sources, with the size and timing remaining subject to change.
  • •SK Hynix's cash and cash equivalents stood at about 88 trillion won at the end of the second quarter of 2026.
Impact:
5/10
SKHY
about 4 hours ago
StocksNeutral

Zai Lab Announces $250 Million Private Placement Financing

Key Facts

  • •Zai Lab entered into an agreement to sell 11.34 million ADSs at a purchase price of $22.04 per ADS.
Impact:
5/10
ZLAB
about 2 hours ago
StocksBullish

US Regional Banks Beat Q3 2026 Earnings Expectations

Key Facts

  • •Amerant Bancorp reported earnings of $0.65 per share, beating the consensus estimate of $0.57.
  • •1st Source posted earnings of $2.16 per share, significantly topping the $1.83 analyst estimate.
  • •National Bankshares missed estimates with earnings of $0.86 per share against an expected $0.98.
Impact:
5/10
AMTB
about 2 hours ago
StocksBullish

Midland States Bancorp Q3 Earnings Beat Wall Street Estimates

Key Facts

  • •Midland States Bancorp reported GAAP EPS of $0.95, beating analyst estimates by $0.06.
  • •The company's revenue reached $85.96M, surpassing estimates by $2.19M.
Impact:
5/10
MSBI
about 6 hours ago
StocksBearishUpdated

Canada gives Cleveland-Cliffs 15 days to address breaches of Stelco takeover commitments

Key Facts

  • •Ottawa gave Cleveland-Cliffs 15 days to address alleged breaches of its Stelco takeover commitments.
  • •The company's plan includes laying off up to 500 workers at its Hamilton and Lake Erie facilities in Ontario.
  • •The employment commitments require an annual average of at least 1,766 unionized employees and 603 salaried employees on a full-time-equivalent basis.
Impact:
5/10
CLF
about 2 hours ago
StocksBullishUpdated×2

Bar Harbor Profit Rises to $16.1 Million in Third Quarter

Key Facts

  • •GAAP net income was $16.1 million, or $0.96 per diluted share, in the third quarter of 2026.
  • •Non-GAAP core earnings were $17.5 million, or $1.04 per diluted share.
  • •Deposits increased by $84.0 million during the quarter to reach $3.9 billion at its end.
Impact:
5/10
BHB
about 1 hour ago
StocksMixedUpdated

India Plans to Cut Stakes in Four Banks to 75%, Economic Times Reports

Key Facts

  • •The government's stake in Punjab & Sind Bank stood at 93.85% at the end of March 2026.
  • •The government's stake in Indian Overseas Bank stood at 92.44% at the end of March 2026.
  • •The government's stake in UCO Bank stood at 90.95% at the end of March 2026.
Impact:
5/10
about 1 hour ago
StocksNeutral

Zai Lab Raises $250 Million via Private Placement to Strengthen Balance Sheet

Key Facts

  • •Zai Lab announced it has raised $250 million through a private placement offering.
Impact:
5/10
ZLAB
about 1 hour ago
StocksBullishUpdated×4

Newmont beats estimates with adjusted earnings of $2.20 a share on gold, copper strength

Key Facts

  • •Newmont's adjusted earnings per share reached $2.20 in the third quarter, beating analysts' expectations.
  • •Quarterly revenue rose 15% year on year to $6.36 billion.
  • •Copper output jumped 35% from the previous quarter to 23,000 tonnes as the Cadia mine recovered.
Impact:
5/10
NEMXAUUSDGCUSD
about 3 hours ago
StocksBearishUpdated×3

Sallie Mae posts $35.904 million loss, cuts earnings outlook despite lending growth

Key Facts

  • •Sallie Mae posted a loss attributable to common stock of $35.904 million in the third quarter of 2026, compared with earnings of $131.856 million a year earlier.
  • •The company cut its 2026 diluted earnings per share outlook to $1.95–$2.05 from $3.10–$3.20.
  • •Provisions for credit losses rose to $214 million, compared with $126 million in the previous quarter and $179 million a year earlier.
Impact:
5/10
about 1 hour ago
StocksBullishUpdated

Hyundai, Kiewit Sign Partnership on July 16 to Explore U.S. Shipbuilding Cooperation

Key Facts

  • •Siemens announced a nine-figure agreement with HD Hyundai to become a technology partner for its shipbuilding and digitalization strategy.
  • •Kiewit published the announcement of its strategic partnership with HD Hyundai on July 17, 2026.
  • •The scope of cooperation includes fabricating ship blocks and modules for U.S. shipbuilding programs.
Impact:
5/10
about 1 hour ago
StocksBullishUpdated

Omnicom Targets $900 Million in 2026 Savings to Support Earnings and Margins

Key Facts

  • •Omnicom targeted $900 million in savings in 2026, with 75% to 80% expected to flow through to earnings growth and margin improvement.
  • •Core operations revenue reached $6.0 billion in the second quarter of 2026, with organic growth of 6.1%.
  • •The adjusted earnings margin for core operations widened to 17.8% from 15.9%, driven primarily by acquisition synergies.
Impact:
5/10
OMC
about 1 hour ago
StocksBullishUpdated×2

SL Green Raises Funds From Operations Outlook to $6.50–$6.70 a Share

Key Facts

  • •SL Green raised its 2026 funds from operations guidance to $6.50–$6.70 a share from $5.60–$5.90.
  • •Guidance includes additional income of $1.10 a share from the sale of a 20% stake in the hospitality business, offset by a negative interest impact of $0.25.
  • •Manhattan same-store office occupancy reached 95.0% at the end of the third quarter, compared with 92.9% at the end of the previous year, including signed leases that have yet to commence.
Impact:
5/10
SLG
35 minutes ago
StocksBullishUpdated

Great Southern completes consolidation of 9 branches, cuts 66 jobs to reduce costs

Key Facts

  • •The company estimated annual savings from branch consolidations and job cuts at $4.4 million to $4.8 million.
  • •The company projected an annual improvement in pretax income of $2.3 million to $2.7 million, beginning in the fourth quarter of 2026.
  • •The consolidation of 9 banking centers into nearby company locations was completed.
Impact:
5/10
GSBC
about 3 hours ago
StocksBearishUpdated

U.S. airfares rise 22.4% as fuel pressures mount

Key Facts

  • •Airfares within the U.S. Consumer Price Index rose 22.4% year on year in September.
  • •Southwest's average passenger fare reached $231.69, compared with $182.56 a year earlier, an increase of 26.9%.
  • •United's fuel expenses rose by $1.8 billion in the third quarter from the same period a year earlier.
Impact:
5/10
AALUAL
about 5 hours ago
StocksBearishUpdated

Boston Scientific says cyberattack makes 2026 earnings and sales guidance unlikely to be met

Key Facts

  • •Boston Scientific shares fell 4.5% in premarket trading following the cyber warning, according to Reuters.
  • •Before the incident, adjusted earnings per share guidance for the third quarter of 2026 ranged from $0.80 to $0.82.
  • •The company cut its annual outlook before the incident to $3.28–$3.32 per share, from $3.34–$3.41 previously.
Impact:
5/10
BSX
about 2 hours ago
StocksBullishUpdated

BeFra Revenue Jumps 43.1% in Third Quarter on Tupperware Addition

Key Facts

  • •BeFra's consolidated revenue reached a record 4,832 million Mexican pesos in the third quarter of 2026.
  • •Net profit rose 24.2% to 390,300 thousand Mexican pesos, from 314,205 thousand pesos a year earlier.
  • •Organic revenue growth excluding Tupperware was limited to 2.3%.
Impact:
5/10
about 3 hours ago
StocksBullish

Lycia Therapeutics Prices Upsized IPO at $18.00 Per Share

Key Facts

  • •Lycia Therapeutics priced its initial public offering at $18.00 per share.
  • •The offering was upsized to 17,640,000 shares of common stock.
Impact:
5/10
about 3 hours ago
StocksBearishUpdated

SK Hynix halts Solidigm listing review after reports of 5 trillion won funding plan

Key Facts

  • •SK Hynix's board approved share repurchases worth 40 trillion won on August 19, 2026, with all repurchased shares to be canceled.
  • •A September 2026 filing addressed reports of about 5 trillion won in pre-IPO funding for Solidigm, while stressing that no decisions had been finalized.
  • •SK Hynix's revenue grew 257% and operating profit rose 557% year on year in the second quarter of 2026.
Impact:
5/10
SKHY
about 2 hours ago
StocksBullishUpdated

Enova posts third-quarter revenue of $1.01 billion as credit improves

Key Facts

  • •The combined balance of loans and finance receivables reached a record $5.9 billion at the end of the third quarter.
  • •Enova reported third-quarter revenue of $1.01 billion.
  • •Adjusted earnings per share were $4.48 in the third quarter.
Impact:
5/10
about 2 hours ago
StocksMixedUpdated×3

Western Digital Revenue Reaches $4.38 Billion, Exceeding Prior Quarterly Guidance

Key Facts

  • •Western Digital's quarterly revenue reached $4.38 billion, with earnings per share of $4.64.
  • •The company forecasts fiscal second-quarter revenue of $5.00 billion to $5.20 billion, compared with estimates of $4.57 billion.
  • •The company forecasts fiscal second-quarter earnings per share of $5.60 to $6.00, compared with the analyst consensus of $4.82.
Impact:
5/10
WDC
13 minutes ago
StocksBullishUpdated

Keppel DC REIT distributions rise 11.7% in first nine months of 2026

Key Facts

  • •Distribution per unit rose 11.7% to 8.571 Singapore cents from 7.670 cents in the first nine months of 2026.
  • •Distributable income grew 16.7% to S$227,996 thousand from S$195,301 thousand.
  • •Financing costs rose 28.1% to S$46,693 thousand from S$36,444 thousand.
Impact:
5/10
21 minutes ago
Central BanksBullishUpdated

Odds of Australian Rate Hike Near 50% After Hauser's Inflation Warning

Key Facts

  • •Markets priced in a nearly 50% chance of a rate hike to 4.85% in November, up from 30% at the start of the week.
  • •The Reserve Bank of Australia raised rates by 25 basis points to 4.60% at its September meeting.
  • •Annual headline inflation rose to 4.0% in August from 3.5% in July.
Impact:
5/10
about 1 hour ago
Mergers & AcquisitionsBullishUpdated

Tata Motors raises Iveco offer to 14.40 euros as acceptance threshold falls

Key Facts

  • •The cash consideration per Iveco ordinary share rose from 14.10 to 14.40 euros, including dividends.
  • •Adoption of the restructuring resolution lowered the minimum offer acceptance threshold from 95% to 80% of ordinary shares.
  • •Exor committed to tendering its stake, representing about 27.06% of ordinary shares and 43.19% of voting rights.
Impact:
5/10
about 2 hours ago
CryptoBearish

Crypto Long Liquidations Hit $418M Amid Bitcoin and Ethereum Sell-Off

Key Facts

  • •Cryptocurrency markets recorded nearly $418 million in long liquidations over a 24-hour period.
  • •Bitcoin price fell 4.26% and Ethereum dropped 5.53% within 24 hours.
  • •Binance accounted for 43.5% of the total $458.05 million in liquidations.
Impact:
5/10
BTCUSDETHUSD
about 3 hours ago
CryptoBullishUpdated

Commodity and Equity Perpetuals Reach 51% of Hyperliquid Trading in July

Key Facts

  • •Commodity and equity perpetuals accounted for 51% of Hyperliquid trading in July 2026, up from 0.2% in October 2025.
  • •Trading across XYZ markets collectively exceeded $100 billion since October 2025, with an annualized pace of more than $600 billion at the time of the statement.
  • •Perpetual contracts are cash-settled and margined in stablecoins, without giving holders a claim on the underlying asset.
Impact:
5/10
about 3 hours ago
CryptoBearish

Zcash Price Drops 10.5% as NU7 Network Upgrade Activation Block is Set

Key Facts

  • •Zcash price fell 10.5% to $1,206, making it the biggest loser among the top 25 cryptocurrencies.
  • •Block height 3,543,405 was set for the NU7 mainnet upgrade in the ZIP 259 document, pointing to a November 6 date.
Impact:
5/10
ZECUSD
about 2 hours ago
CryptoBullish

SharpLink Deploys $200M Ethereum Treasury via Anchorage Digital Bank

Key Facts

  • •Nasdaq-listed SharpLink, Inc. deployed $200 million in ETH treasury assets through a partnership with Anchorage Digital Bank.
Impact:
5/10
ETHUSDSBET
23 minutes ago
CryptoBullishUpdated

HSBC rolls out RedCoin in phases, targeting more than 3.3 million users

Key Facts

  • •RedCoin's phased rollout targets more than 3.3 million PayMe users.
  • •RedCoin is designed to be redeemable for Hong Kong dollars at 1:1.
  • •The monetary authority selected HSBC and Anchorpoint for issuance licences from among 36 applications.
Impact:
5/10
HSBC
27 minutes ago
CryptoBearishUpdated

Crypto Long Positions Worth $418 Million Liquidated as Market Falls

Key Facts

  • •EL7 coverage dated October 22 reported $418 million in cryptocurrency long liquidations as the market declined.
  • •U.S. spot Bitcoin funds attracted $1.1 billion during the week through the October 22 report, following outflows of $909.6 million over the previous two weeks.
  • •Cryptocurrency market capitalization fell 2.82% from $2.84 trillion to $2.76 trillion during the period from October 12 to 19.
Impact:
5/10
BTCUSD
39 minutes ago
Macro EconomyBearishUpdated

Coface downgrades Saudi Arabia and Qatar risk assessments to A4, UAE to A3

Key Facts

  • •Coface downgraded Saudi Arabia's risk assessment from A3 to A4.
  • •Coface downgraded the UAE's risk assessment from A2 to A3.
  • •Coface downgraded Qatar's risk assessment from A3 to A4.
Impact:
5/10
about 2 hours ago
Macro EconomyBearishUpdated×3

Australian Composite Index Falls to 47.7 in October as Price Pressures Accelerate

Key Facts

  • •The seasonally adjusted flash composite index fell to 47.7 in October from 51.3 in September.
  • •Input-cost and selling-price inflation accelerated in October despite the contraction in activity.
  • •Businesses increased employment in October, led by services.
Impact:
5/10
AUDUSD
14 minutes ago
Macro EconomyBearishUpdated×4

Japan Manufacturing PMI Falls to 53.3 in October, Missing Forecasts

Key Facts

  • •Japan's manufacturing index stood at 53.3 in October, against a forecast of 54.5 and a previous reading of 54.1.
  • •A manufacturing index reading above 50 signals sector expansion.
  • •Employment growth in Japan's private sector accelerated in September to its fastest pace in 7 months.
Impact:
5/10
7 minutes ago
CommoditiesBullishUpdated

Brent jumps 4% to $113.17 as shipping and supply risks mount

Key Facts

  • •Brent jumped 4% to $113.17 a barrel in October 22 coverage after touching its highest level in 5 months.
  • •U.S. commercial crude inventories fell 3.1 million barrels to 412.5 million barrels, 3% below the 5-year average.
  • •Disrupted oil production in the region fell to 4.8 million barrels a day in September, compared with 5.8 million in August.
Impact:
5/10
CLUSDBZUSD
about 1 hour ago
CommoditiesMixedUpdated

U.S. Oil Shipping Costs to China Hit $40 a Barrel, Undermining Competitiveness

Key Facts

  • •Shipping U.S. crude to China reached $40 a barrel, compared with $8.60 before the war, according to Reuters.
  • •Supertanker rates from the Gulf of Oman to China fell to about 776 Worldscale points, according to a Reuters update.
  • •An oil analyst estimated Murban's price advantage over West Texas Intermediate at about $2 a barrel, including delivery to Asia.
Impact:
5/10
about 2 hours ago
CommoditiesBullishUpdated

Shell Project Expansion in Canada to Raise LNG Capacity to 28 Million Tonnes

Key Facts

  • •The expansion will raise the facility's production capacity from 14 million tonnes to 28 million tonnes a year.
  • •The Canadian government expects the expansion to attract C$33 billion in private capital.
  • •The engineering, procurement and construction management services contract for the supply pipeline expansion is worth more than €200 million.
Impact:
5/10
SHEL
about 2 hours ago
CommoditiesBearish

Gold Prices Hit 3-Month Low Amid Rising Inflation Fears

Key Facts

  • •Gold prices dropped to their lowest level in three months as concerns over persistent inflationary pressures intensified.
Impact:
5/10
XAUUSDGCUSD
34 minutes ago
CommoditiesBullish

PTTEP and Eni Form Joint Venture for Abu Dhabi Ghasha Gas Concession

Key Facts

  • •PTTEP and Eni have formed a joint venture for the Ghasha gas concession in Abu Dhabi, operated by ADNOC.
  • •The project is expected to produce 1.8 Bcfd of gas along with 150,000 bpd of oil and condensates.
Impact:
5/10
15 minutes ago
ForexBearishUpdated

Nikkei falls 2.40% to one-month low as yen rises against dollar

Key Facts

  • •The Nikkei fell 2.40% at Thursday's close to a one-month low.
  • •The dollar fell 0.63% against the yen to 157.13 yen.
  • •Lam Research shares fell 7.4% after the company issued weaker-than-expected earnings guidance.
Impact:
5/10
^N225USDJPY
30 minutes ago
ForexBearishUpdated

China sets yuan midpoint at stronger 671.8 per hundred dollars

Key Facts

  • •The official midpoint stood at 671.8 yuan per hundred dollars on October 23.
  • •Annual economic growth accelerated to 4.5% in the third quarter from 4.3% in the second quarter, while quarterly growth reached 1.2%.
  • •China kept the one-year loan prime rate at 3.00% and the five-year rate at 3.50%.
Impact:
5/10
USDCNH
about 1 hour ago