... industry. Chinese Policy: Possible additional stimulus measures for China's economy. Weak inflation may prompt Beijing to implement new measures—whether reducing rates by the People’s Bank of China or fiscal stimuli. News on this front will impact commodity markets and the currencies of emerging economies. US Inflation: The Consumer Price Index (CPI) report for July is set to be released next week. If inflation continues to slow, expectations of a Fed rate cut will increase, supporting the stock market; ...

... domestic fuel market. Meanwhile, Europe is ramping up gas reserves in preparation for winter, and a return to coal has been observed in the global energy sector amid rising prices and demand. Below are the details of these and other key news from the commodity and energy sectors. Washington Threatens India with New Tariffs for Russian Oil The U.S. has increased pressure on the second-largest market for Russian oil — India . President Donald Trump stated his intention to significantly raise customs duties on Indian goods, citing ongoing purchases of Russian oil by New Delhi. Previously, the U.S. introduced a baseline tariff of 25%, which ...

... inflation (around 3% in Tokyo). Overall, the collective index of Asia-Pacific stocks has shown little change over the week: support from positive news from Wall Street and hopes for trade deals was balanced by local risks and investor caution in Asia. Commodity Markets: Oil Balances, Gold Holds Its Position The commodity markets are maintaining relative price equilibrium. Brent crude oil has been trading in a narrow range of around $67–70 per barrel for the past few weeks. By the end of this week, Brent quotes ...

... commercial oil inventories in the U.S. have decreased more than expected, reflecting strong demand and preventing prices from dropping sharply. Concurrently, expectations for a easing of monetary policy in leading economies boost investor interest in commodity assets, including oil. The market is also closely watching the OPEC+ Joint Monitoring Committee (JMMC) meeting on July 28; while the committee lacks the authority to change production quotas, its recommendations and signals could influence short-term price dynamics. Consequently,...

... extending the tariff truce would reduce risk for the global economy, which would also positively affect energy demand. Financial Markets and Economics: Data on the state of the global economy (inflation, interest rates, industrial growth) will influence commodity markets. If large economies show signs of slowdown, this could cool oil prices and reduce fuel consumption. For now, forecasts indicate moderate growth in demand for oil (~2% per year) and gas by the end of 2025. In summary, the fuel and energy complex ...