Jerry Lin
The Latest
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HSBC: OPEC+ Likely to Extend Production Cuts, Oil Prices to Stabilize at $70 in 2025
Brent Crude has fallen more than 15% since its July 4th peak, and HSBC predicts further declines in 2025. 
Brent Crude has fallen more than 15% since its July 4th peak, and HSBC predicts further declines in 2025. -
Gold Rebounds on Safe-Haven Buying as Dollar Rally Pauses, Markets Eye Fed Comments
Gold prices rebounded sharply on Monday following six consecutive sessions of losses, as renewed safe-haven demand and a pause in the U.S. dollar's rally provided relief to investors. 
Gold prices rebounded sharply on Monday following six consecutive sessions of losses, as renewed safe-haven demand and a pause in the U.S. dollar's rally provided relief to investors. -
BP, Shell Adjust Energy Strategies, Abandon Some Low-Carbon Goals Amid Rising Costs
The transition to low-carbon energy has proven challenging, and now Europe's energy giants are preparing to shift back to their traditional oil and gas businesses. 
The transition to low-carbon energy has proven challenging, and now Europe's energy giants are preparing to shift back to their traditional oil and gas businesses. -
BOJ Governor Ueda Signals Potential Rate Hike in December as Inflation Pressures Mount
Bank of Japan (BOJ) Governor Kazuo Ueda indicated Monday that the central bank could raise interest rates as soon as December, highlighting progress in Japan's efforts to achieve wage-driven inflation. Speaking to business leaders in Nagoya, Ueda noted that while there are numerous uncertainties, domestic conditions, including rising wages and inflation, appear conducive to further monetary policy adjustments. The BOJ must balance stimulus reduction carefully to avoid exacerbating inflationary pressures, Ueda said. 
Bank of Japan (BOJ) Governor Kazuo Ueda indicated Monday that the central bank could raise interest rates as soon as December, highlighting progress in Japan's efforts to achieve wage-driven inflation. Speaking to business leaders in Nagoya, Ueda noted that while there are numerous uncertainties, domestic conditions, including rising wages and inflation, appear conducive to further monetary policy adjustments. The BOJ must balance stimulus reduction carefully to avoid exacerbating inflationary pressures, Ueda said. -
Israel Targeted and Destroyed Secret Iranian Nuclear Research Facility in October Strike
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. 
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. -
Yen Weakens as Market Awaits Signals of December Rate Hike from Japan’s Central Bank
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. 
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. -
Oil Prices Edge Higher Amid Mixed Market Signals and Surplus Concerns
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds. 
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds. -
US Wholesale Prices Show Moderate Rise as Markets Eye Fed's Next Move Amid Post-Election Uncertainty
Wholesale prices in the United States ticked higher in October, with the producer price index (PPI) rising 0.2% from the previous month, aligning with market expectations, according to the Bureau of Labor Statistics' latest report released on Thursday. The uptick, which follows a 0.1% increase in September, highlights the ongoing but moderating inflationary pressures within the American economy as markets and policymakers alike brace for potential implications under the incoming Trump administration. 
Wholesale prices in the United States ticked higher in October, with the producer price index (PPI) rising 0.2% from the previous month, aligning with market expectations, according to the Bureau of Labor Statistics' latest report released on Thursday. The uptick, which follows a 0.1% increase in September, highlights the ongoing but moderating inflationary pressures within the American economy as markets and policymakers alike brace for potential implications under the incoming Trump administration. -
Bitcoin Hits Record High Above $93,000 as Traders Assess Inflation and Postelection Gains
Bitcoin soared to a record high of over $93,000 on Wednesday as investors assessed new inflation data and postelection market dynamics. The flagship cryptocurrency traded as high as $93,469.08 before settling slightly lower, marking a more than 3% gain on the day and solidifying its status as a leading asset in the ongoing risk rally. This recent surge comes in the wake of October's consumer price index (CPI) report, which revealed a 0.2% monthly increase and a 12-month inflation rate of 2.6%, aligning with market expectations. 
Bitcoin soared to a record high of over $93,000 on Wednesday as investors assessed new inflation data and postelection market dynamics. The flagship cryptocurrency traded as high as $93,469.08 before settling slightly lower, marking a more than 3% gain on the day and solidifying its status as a leading asset in the ongoing risk rally. This recent surge comes in the wake of October's consumer price index (CPI) report, which revealed a 0.2% monthly increase and a 12-month inflation rate of 2.6%, aligning with market expectations. -
U.S. Inflation Rate Rises to 2.6% in October, Housing and Core Prices Climb
Inflation in the United States picked up slightly in October, rising to an annual rate of 2.6%, according to data released by the Bureau of Labor Statistics (BLS) on Wednesday. The increase, driven primarily by a rise in housing costs, was in line with Wall Street expectations. The consumer price index (CPI) showed a monthly increase of 0.2%, while core inflation, which excludes volatile food and energy prices, rose by 0.3% for the month, bringing the annual core rate to 3.3%. 
Inflation in the United States picked up slightly in October, rising to an annual rate of 2.6%, according to data released by the Bureau of Labor Statistics (BLS) on Wednesday. The increase, driven primarily by a rise in housing costs, was in line with Wall Street expectations. The consumer price index (CPI) showed a monthly increase of 0.2%, while core inflation, which excludes volatile food and energy prices, rose by 0.3% for the month, bringing the annual core rate to 3.3%.
