September 23, 2025
Oil Prices Under Pressure as IEA Forecasts Rising Supply Surplus
The International Energy Agency (IEA) warned this week that world oil supply is set to rise much faster than demand, creating the risk of a significant surplus into 2026, in sharp contrast to OPEC’s more upbeat outlook. The IEA now projects global supply will increase by 2.7 million barrels per day (bpd) in 2025 and […]
September 23, 2025
Market Reacts as Bank of Japan Announces ETF Unwind and Policy Tensions
The Bank of Japan sparked sharp market moves after unveiling plans to begin selling its massive $250 billion ETF holdings and revealing an unexpected split over interest rates. While the central bank kept its policy rate at 0.5% as expected, two board members dissented in favour of a hike to 0.75%, a rare sign of […]