FTSE 100 Live: UK August Inflation Rises to 3.1% Driven by Fuel Costs
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
More in Finance & Markets
'It's Raining Gold': AI Mints Unexpected Billionaires
The AI boom is creating a new class of billionaires in some unlikely places. Since the rise of ChatGPT in 2022, companies manufacturing overlooked industrial products and obscure hardware have seen…
Copper gains as treasury yields ease before Fed rate decision
Copper was 0.7% higher at $14 176 a ton on the LME at 12:20 p.m. Singapore time.
China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink
China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs, Bloomberg has reported, citing recent fuel inventory data.
- China's diesel and gasoline stocks hit 15-month and 2-year lows respectively.
- Analyst predicts Beijing may restrict fuel exports in Q4 to curb domestic market tightening.
- Previous export curbs in spring aimed to secure fuel supply amid Middle East tensions.
EUR/USD Price Forecast: 1.1500 to remain key support level for Fed’s Day
The Euro (EUR) trades with caution at around 1.1545 against the US Dollar (USD) during the early European trading session on Wednesday.
Hong Kong to Launch Dim Sum Bond Index in Offshore Yuan Hub Push
Hong Kong will launch an index for offshore yuan bonds, according to Chief Executive John Lee, betting that a market benchmark can boost trading activity and reinforce the city’s role as China’s…
