The US Department of the Interior said that oil producers stopped pumping 1.56 million barrels per day, or 84% of daily production, from US offshore platforms in the Gulf of Mexico ahead of a hurricane expected to hit the region this week. Hurricane Laura is heading north in the central …

The People’s Bank of China (PBOC) has set the yuan reference rate at 6.9079 versus Tuesday’s fix at 6.9183.

According to the New York Mercantile Exchange, crude oil futures for October were traded at $43.35 a barrel, up 0.00%. It was previously traded lower at $43.23 a barrel. Crude oil may find support at $41.46 and resistance at $43.56. The dollar index, which measures the performance of the greenback …

CME Group’s preliminary readings for Natural Gas futures markets noted open interest shrunk by almost 4.5K contracts on Tuesday, reaching the second drop in a row at the same time. Volume, in the same direction, went down for the second consecutive session, now by nearly 44.8K contracts.

According to the COMEX, gold futures were traded for December at $ 1931.50 per ounce, down 0.44%. It previously traded at a session low$ 1929.70 an ounce. Gold may find points of support at $ 1916.60 and resistance at $ 1970.30. The dollar index, which measures the performance of the …

FX option expiries for Aug 26 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1775 792m1.1830 689m – GBP/USD: GBP amounts         1.3150 385m  – USD/JPY: USD amounts          105.00 3.2bn105.40 839m105.50 383m105.75 1.1bn106.00 1.1bn106.15 420m106.50 399m106.60 570m107.03 1.3bn107.10 394m – AUD/USD: AUD amounts 0.7250 732m …

The Housing Price Index (HPI) in the US rose 0.9% in June, the Federal Housing Finance Agency’s (FHFA) monthly report showed on Wednesday. This reading followed May’s print of -0.2% (revised from -0.3% and came in higher than the market expectation of 0.1%. Meanwhile, the S&P/Case-Shiller’s 20-metro area Home Price …

The headline Diffusion Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey dropped to 17.9 in August from 23.7 in July, the monthly data showed on Tuesday.

The Confederation of British Industries said that British retailers have cut the most jobs since the financial crisis and that it expects job losses to accelerate, adding to warning signs of an expected sharp rise in unemployment. Tuesday’s data also showed an unexpected drop in sales this month, which contrasts …

A survey showed that German business confidence improved better than expected in August, boosting hopes that companies in the largest European economy are recovering from the coronavirus shock. The IFO said its business climate index rose to 92.6 from a revised level of 90.4 in July. This is the fourth …