Live Updates

17

Jan 2026
In December, production fell behind targets by 720,000 bpd, primarily due to Russia and Kazakhstan’s issues

OPEC+ oil output drops in December, driven by Russian and Kazakh disruptions amid geopolitical tensions.

17

Jan 2026
Commerzbank predicts a decline in US crude production, anticipating lower output due to low prices

US crude oil production expected to peak in 2025, then decline due to reduced drilling and oversupply.

17

Jan 2026
Commerzbank’s analyst highlights that record crude oil imports in China stem from increased refinery operations and stockpiling

China’s crude oil imports hit record highs in 2025, driven by refinery expansion and strategic stockpiling.

17

Jan 2026
The British Pound moves sideways around 1.3380, restrained by positive US economic data

GBP/USD holds steady near 1.3380 as strong US data lifts Dollar; Sterling struggles below key averages.

17

Jan 2026
In December, the Consumer Price Index for Russia reduced to 0.3%, down from 0.42%

Inflation slows in Russia; gold and AUD/USD dip, USD/JPY falls, oil rebounds, markets eye U.S. data.

17

Jan 2026
The Japanese Yen strengthens against the US Dollar, outperforming nearly all G10 currencies, as reported by Scotiabank

Japanese Yen rises 0.3% amid intervention talks; bond yields climb, gold dips, AUD pressured by data.

17

Jan 2026
As the US Dollar weakens, the Pound Sterling rises slightly against it, report Scotiabank experts

Pound rises 0.2% on strong UK data; GBP/USD consolidates near key 200-day moving average level.

17

Jan 2026
According to Scotiabank’s strategists, the Euro slightly rises yet underperforms among G10 currencies

Euro rises slightly as ECB holds neutral stance; market eyes ZEW sentiment, PMI for next moves.

17

Jan 2026
Despite a China trade agreement, the CAD remains stable, uninfluenced by US equity or oil prices

Canadian Dollar steady as trade deal with China fails to boost CAD; USD/CAD remains range-bound near 1.39.

17

Jan 2026
Amid reduced geopolitical tensions and Fed policy outlook, silver experiences a steep decline to $89.70

Silver falls as easing geopolitical tensions and restrictive U.S. policy reduce demand for safe-haven assets.

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