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Brazilian Deputy Finance Minister Galipolo: We need to be able to distinguish what constitutes a supply shock and secondary effects; we must be more vigilant.

2026-05-13

Brazilian Deputy Finance Minister Galipolo: We need to be able to distinguish what constitutes a supply shock and secondary effects; we must be more vigilant.

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2026-05-13

South Korean stocks quickly erased losses Wednesday as local retail investors bought into foreign fund selling. The rose 0.3% after dropping as much as 3.2% intraday. briefly fell up to 6.1% after failing to reach a wage agreement with its largest la

South Korean stocks quickly erased losses Wednesday as local retail investors bought into foreign fund selling. The rose 0.3% after dropping as much as 3.2% intraday. briefly fell up to 6.1% after failing to reach a wage agreement with its largest labor union, while reversed early losses amid concerns over overheating in AI-related stocks following a US tech selloff. Foreign investors have sold more than $45 billion of Kospi stocks so far this year, but local institutional and retail buying has supported the index, which is still up 82% year-to-date. Morgan Stanley raised its 12-month Kospi target to 8,500 from 6,500, citing structural reform support, while noting external risks from geopolitical tensions.
2026-05-13

EIA SEES 2026 WORLD OIL DEMAND OF 104.2 MLN BPD, VS PRIOR FORECAST 104.6 MLN BPD; SEES 2027 DEMAND OF 105.6 MLN BPD (PVS 106.2 MLN BPD) EIA SEES 2026 U.S. OIL DEMAND OF 20.7 MLN BPD, VS PRIOR FORECAST 20.6 MLN BPD; SEES 2027 DEMAND OF 20.7 MLN BPD (

EIA SEES 2026 WORLD OIL DEMAND OF 104.2 MLN BPD, VS PRIOR FORECAST 104.6 MLN BPD; SEES 2027 DEMAND OF 105.6 MLN BPD (PVS 106.2 MLN BPD) EIA SEES 2026 U.S. OIL DEMAND OF 20.7 MLN BPD, VS PRIOR FORECAST 20.6 MLN BPD; SEES 2027 DEMAND OF 20.7 MLN BPD (PVS 20.7 MLN BPD)
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