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Podcast - Inflation watch in US, Eurozone and AU. Volatile oil prices ahead of OPEC+

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data releases that centered on inflation with the Fed-preferred PCE gauge for October out on this Thursday, 30 November together with Eurozone flash CPI for November. On Wednesday, 29 November, Australia will release its monthly CPI indicator for October, where market participants are likely to keep a close watch as new RBA Governor Bullock has a more hawkish vibe than her predecessor, her recent speech

27-11-2023 21:25 GMT by Kelvin Wong

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Brent Crude - Oil price choppy ahead of Thursday's OPEC+ meeting

OPEC+ decision made bigger by four-day delay Global economic outlook to impact the group's cuts? Brent consolidating near recent lows The OPEC+ meeting will be this week's most impactful event in oil markets. Not just because any decision could have direct consequences for price and therefore inflation but also due to the meeting already being pushed back by four days, so there's clearly some disagreement within the alliance.

27-11-2023 12:21 GMT by Craig Erlam