Polish Central Bank member Kotecki: The consumer price index is expected to peak close to 6% in the first quarter of 2025.

The Baltic Dry Index rose 1.15% to 1,941 points.

Bank of America: OPEC+ is likely to remain on the sidelines, expecting higher oil prices as non-OPEC supply is able to provide the barrels needed to meet global oil demand.

Bank of America: OPEC crude oil supply is expected to decrease by 270,000 barrels/day in 2024 and increase by 370,000 barrels/day in 2025.

Bank of America: Non-OPEC crude oil supply is expected to increase by about 1 million barrels per day year-on-year in 2024 and by 1.6 million barrels per day in 2025.

Bank of America: Global crude oil demand is expected to increase by 1 million barrels/day year-on-year in 2024 and 1.1 million barrels/day in 2025.

The Hong Kong Observatory issued a yellow rainstorm warning signal.

Colombian Finance Minister: Colombia will increase diesel prices by 800 Colombian pesos this year.

According to ABC News: Biden will sign an executive order on labor agreements on Friday.

The Hong Kong Monetary Authority provided HK$165 million in liquidity to banks through the discount window.

Kremlin: US moves on Russian media constitute unacceptable pressure aimed at suppressing Russian viewpoints.

Market news: Vietnam association seeks consumption tax exemption for hybrid vehicles.

European Mediterranean Seismological Center: 5.9 magnitude earthquake hits San Juan, Argentina.

German Defense Minister: Germany will provide Ukraine with an additional 12 self-propelled howitzers.

Hungarian Prime Minister Orban: If we want to start achieving peace, we need to communicate with Ukraine and Russia.

Guinea’s bauxite exports in August were 9.9 million tonnes, down from 11.9 million tonnes in July.

Goldman Sachs will enter the Japanese pension fund management market.

US Secretary of Defense: Russian President Vladimir Putin is redeploying troops around Kursk and stepping up the offensive against Pokrovsk, Ukraine.