Frederick Miles

At first glance the decision by OPEC+ to leave oil output levels unchanged for the first quarter of next year could be viewed as confirmation the exporter group is concerned about a looming crude supply glut.

Wall Street futures inched higher on Thursday evening, steadying after a whipsaw session that ended with deep losses as an earnings-driven rally in Nvidia reversed course, while investors further priced out bets on a December interest rate cut.

The Bank of England's committee decided to keep their main interest rate (Bank Rate) at 4%, which is what most people expected. However, the vote was close (5 members for keeping it, 4 members wanted to cut it by a small amount), showing that more people on the committee are leaning towards lowering rates.

In an appearance on the Bloomberg Surveillance television program, Fed Governor Stephen Miran restated the case for deep interest rate cuts that he has laid out since joining the central bank's Board of Governors in September, and expanded his rationale to argue that buoyant stock and corporate credit markets are no reason to think monetary policy is too loose.

Canadian Prime Minister Mark Carney on Wednesday said his government's first budget will reduce economic and security reliance on the United States and cut wasteful spending.

New Zealand’s main opposition Labour Party has unveiled its first key policy ahead of the 2026 general election — a new government fund that will aim to drive investment and economic growth.

In the Liberal Democratic Party (LDP) presidential election held on 4 October 2025, Sanae Takaichi defied widespread expectations by defeating Shinjiro Koizumi, who had been considered the frontrunner. Former prime minister Taro Aso is being lauded as instrumental in supporting Takaichi’s upset victory.

Investing.com-- Australian consumer sentiment slid to a six-month low in October as renewed concerns over inflation and the economic outlook weighed on households, a survey by Westpac showed on Tuesday.

Oil prices inched up on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact of trade tariffs on global fuel demand weighed.