United States API Weekly Crude Oil Stock came in at 2.78M, above forecasts (2.25M) in October 3

Oct 7, 2025

RBNZ expected to cut interest rates to 2.75% in October

The Reserve Bank of New Zealand (RBNZ) is widely expected to cut the Official Cash Rate (OCR) by another 25 basis points (bps) from 3% to 2.75% after concluding its October monetary policy meeting on Wednesday.

Fed's Miran says inflation is due to population increases

Federal Reserve (Fed) Board of Governors member Stephen Miran added further to his own comments on Tuesday, expressing his belief that inflation itself is simply a cause of "population increases".