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The main fuel oil contract surged 4.00% intraday, currently trading at 5518.00 yuan/ton.

2026-10-28

The main fuel oil contract surged 4.00% intraday, currently trading at 5518.00 yuan/ton.

Other News
2026-10-28

Westpac Auckland strategist Imre Speizer called the RBNZ’s decision to hold surprising, saying the bank remains cautious on a potentially stubborn medium-term inflation outlook and is seeking more evidence. He said the RBNZ still flags further tighte

Westpac Auckland strategist Imre Speizer called the RBNZ’s decision to hold surprising, saying the bank remains cautious on a potentially stubborn medium-term inflation outlook and is seeking more evidence. He said the RBNZ still flags further tightening and that inflation risks are skewed to the upside, keeping its stance aligned with major central banks. ANZ MOOMOO Auckland strategist Tina Teng said the bank faces a trade-off between slower growth and energy-driven inflation: global risks — notably an oil-price spike and weaker growth — could pressure corporate profits and exports. A softer NZD supports exporters but raises import costs, feeding upward pressure on domestic inflation.
2026-10-28

USD/CAD fluctuated 38 pips intraday, now at 1.4042.

USD/CAD fluctuated 38 pips intraday, now at 1.4042.
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