A leading U.S. derivatives exchange, part of CME Group
The Federal Reserve has kept the benchmark rate steady in a nine-to-three vote, amid persistent inflation above the 2% goal. Dissenters argue for earlier tightening, while others urge patience; investors await July inflation data to gauge the path for policy.
U.S. Treasury yields have fluctuated amid hawkish signals from Fed Chair Warsh and ongoing data momentum. Investors await key jobs data and FOMC minutes to gauge policy direction.
OPEC+ has agreed to increase oil output by 188,000 barrels per day from August, marking the fifth straight monthly rise. While the move signals a cautious unwind of earlier cuts, oil supplies remain constrained by the Strait of Hormuz and ongoing regional tensions. Prices have edged back toward pre-war levels as shipping resumes.
The London Stock Exchange Group has announced plans to launch a night-time trading venue, LSE 24, operating from 5 p.m. to 7:50 a.m. London time. The platform, separate from the main market, aims to roll out for client testing by end-2026 and initially lists exchange-traded products.
The Federal Reserve has held rates steady under chair Kevin Warsh while signaling inflation remains above target. Markets are pricing in a potential rate hike later this year as dissents and communications style shape expectations.