22:08:57
WTI crude oil hit $70/barrel down, down 3.26% on the day; Brent crude oil fell more than 2.9%, and is now at $74.71/barrel.
22:05:37
British Prime Minister Sunak: The Bank of England will take strong measures to reduce inflation.
22:04:50
British Prime Minister Sunak: I support the work done by the Bank of England.
22:04:32
JPMorgan Chase: It is now expected that the Bank of England will raise interest rates twice after August, each time by 25 basis points, raising the terminal interest rate forecast to 5.75% in November, from 5% before.
22:04:10
According to PUNCHBOWL: Speaker of the US House of Representatives McCarthy and Democratic leader Jeffries will visit India as a congressional delegation in October.
21:50:00
Federal Reserve Chairman Powell will attend the hearing in ten minutes; the monthly rate of leading indicators of the Conference Board in May and the annualized total of existing home sales will be announced in ten minutes.
21:45:00
Fed Governor Bowman is due to speak at the "Fed Listens" event in Cleveland in ten minutes.
21:31:16
U.S. stocks opened, the Dow fell 55 points, the S&P 500 fell 0.24%, the Nasdaq fell 0.37%, and Tesla (TSLA.O) fell 3.3% after Morgan Stanley lowered its rating from "overweight" Downgraded to "hold and see", Weilai Automobile (NIO.N) fell 1.76%.
21:30:31
British Prime Minister Sunak: I would love to cut taxes tomorrow, but it will be difficult to do.
21:30:26
Brazilian Federal Tax Agency: The federal tax revenue in May this year increased by 2.89% compared with the same period last year.
21:30:12
UK PM Sunak: As long as we stay calm, we can get inflation back to 2%.
21:29:18
British Prime Minister Sunak: eradicating inflation will not be easy and requires difficult decisions.
21:13:57
Bank of England Governor Bailey: UK wage and price growth must slow.
21:10:17
Against the yen, USD/JPY rose 0.4% to 142.40. It was the highest level since November 11 last year.
21:09:22
Spot gold fell below $1920 per ounce, an intraday drop of 0.66%.
21:07:53
FDIC Chairman: Community Banks Will Be Excluded from Proposed Requirements
21:06:18
Bank of England Governor Bailey: We will do everything we can to reduce inflation.
21:06:09
Bank of England Governor Bailey: Rising corporate profit margins cannot be allowed to cause prices to rise at the current pace.
21:06:01
Bank of England Governor Bailey: We cannot continue wage growth at current levels.
21:04:30
Bailey, Governor of the Bank of England: There are also persistent and relatively fixed inflation patterns in other countries.