Market News
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Norwegian Krone: Norges Bank weighs inflation and growth – Commerzbank
Commerzbank’s Antje Praefcke highlights uncertainty over whether Norges Bank will hike in September or wait until December. Inflation remains above target despite a recent downside surprise, while growth is described as close to normal.
Equities: Consumer sectors under pressure from energy shock – Danske Bank
Danske Bank’s Danske Research Team observes that global equities closed lower on Tuesday, with Energy the only sector in positive territory as Oil prices surged.
WTI tumbles to near $100.00 on surprise US inventory build despite supply disruption worries
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $100.00 during the early European trading hours on Wednesday. WTI falls after an unexpected build in US crude inventories.
United States API Weekly Crude Oil Stock registered at 7.14M above expectations (-1.8M) in September 11
United States API Weekly Crude Oil Stock registered at 7.14M above expectations (-1.8M) in September 11
United States Dollar Index gains ground ahead of Fed interest rate decision
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its winning streak for the sixth consecutive day and trading around 99.70 during Asian hours on Wednesday.
WTI slips to near $100.50 despite escalating Middle East supply disruptions
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $100.50 per barrel during Asian hours on Wednesday. However, crude oil prices may rebound, driven by a series of broadening supply disruptions across the Middle East.
Saudi air defenses intercept Houthi drone near Mecca
The Saudi-led coalition said that Saudi air defenses intercepted and destroyed a drone launched by Yemen’s Houthi group near Mecca, Reuters reported on Tuesday.
Crude Oil rallies again as Saudi Arabia's route around Hormuz shuts
West Texas Intermediate (WTI) Crude Oil trades just above $100.00, up about 3% on the day. It is on track for a third straight weekly gain.
Canadian Dollar remains vulnerable aas Fed takes centre stage
USD/CAD extends its advance for a fifth consecutive day on Tuesday, hovering near a two-week high as the US Dollar (USD) stays firmly supported ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Natural gas: European prices stay elevated – ING
ING’s Warren Patterson and Ewa Manthey report that European Natural Gas prices at TTF remain well above EUR80/MWh as Middle East tensions curb hopes for increased LNG flows from the Persian Gulf.
Natural Gas: Higher winter curve and risk ranges – Rabobank
RaboResearch raises its TTF forecasts to €72/MWh for Q4 2026 and €58/MWh for Q1 2027, citing prolonged Hormuz disruptions, low European storage and greater LNG dependence.
Brent: Higher risk premium and retest of highs – Rabobank
Rabobank's Senior Energy Strategists Joe DeLaura and Florence Schmit revise their Brent outlook higher as Middle East disruptions tighten supply routes.
WTI clings to gains near mid-$99.00s, eyes multi-month top amid supply concerns
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – catches fresh bids following the previous day's two-way price swings and sticks to its strong intraday gains through the first half of the European session on Tuesday.

