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UBS global research economist Jonathan Pingel says US July inflation YoY is expected to ease, but the pace should remain well above pre-Iran-conflict levels and above last year’s rate, implying overall inflation remains elevated despite recent modera

2026-08-12

UBS global research economist Jonathan Pingel says US July inflation YoY is expected to ease, but the pace should remain well above pre-Iran-conflict levels and above last year’s rate, implying overall inflation remains elevated despite recent moderation. UBS expects core inflation to firm after an unexpectedly weak June reading, led by a rebound in core non-shelter services, with transport, medical and telecom services prices reverting to normal faster-paced increases.

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2026-08-12

EIA in its Short-Term Energy Outlook raised its 2027 Brent forecast to $69.39/bbl from $64.76/bbl previously.

EIA in its Short-Term Energy Outlook raised its 2027 Brent forecast to $69.39/bbl from $64.76/bbl previously.
2026-08-11

As of the 23:00 close in China, main futures contracts were mixed. Fuel oil jumped more than 2%; coking coal, coke and low-sulfur fuel oil (LU) rose over 1%; asphalt and caustic soda gained about 1%; PET chips fell more than 1% and pulp slid nearly 1

As of the 23:00 close in China, main futures contracts were mixed. Fuel oil jumped more than 2%; coking coal, coke and low-sulfur fuel oil (LU) rose over 1%; asphalt and caustic soda gained about 1%; PET chips fell more than 1% and pulp slid nearly 1%.
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