Asia Market Movers: Iraq OPEC exit threat puts $50 oil in play as Gulf cartel frays

Friday, 26 Jun, 2026 Commodities Iraq OPEC exit threat puts $50 oil in play as Gulf cartel frays An Iraqi exit would remove the world's sixth-largest crude producer from the cartel's output discipline framework and, combined with the UAE's departure in May, would leave Saudi Arabia increasingly i Central Banks Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend: Topic: From Cash to Stablecoins: The Anonymity of Money Sunday, 28 June 2026 at 10:15 PM Sydney time Bank fo Learn more Central Banks PBOC is expected to set the USD/CNY reference rate at 6.8015 – Reuters estimate The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exch Stock market update KOSPI in focus as Samsung plans 648 bln domestic push and South Korea caps fuel prices The combination of a landmark domestic investment pledge from Samsung and a government commitment to hold fuel price caps until inflation stabilises gives the KOSPI a rare double catalyst. The Samsung News Japan - Tokyo headline CPI 1.7% y/y (expected 1.7%, prior 1.4%). Core 1.6% (1.6%, 1.3%) Japan Tokyo CPI June 2026, y/y: Headline CPI 1.7% expected 1.7%, prior 1.4% Core CPI (excludes fresh food) 1.6%, below BoJ target for the fifth month expected 1.6%, prior 1.3% CPI Ex Food and Energy ( Central Banks Goolsbee flags labour market and warns Fed credibility at risk from bad guidance Goolsbee's remarks reinforce a Fed in no hurry to move in either direction. A labour market where both hiring and layoffs are simultaneously depressed is not sending a clear signal about the economy's News Polestar shut out of US market from 2027 as China tech ban claims Geely-linked brand The denial is a concrete escalation in the use of technology trade controls as a tool in the broader US-China economic contest, and it carries implications beyond the automotive sector. Geely's split Central Banks BOJ front-loading now in play as AI demand and inflation risks build Analysts at Daiwa frame the debate as having moved from "whether to hike" to "how much and how quickly to front-load" is the most market-relevant signal in the note. If the BOJ is indeed shifting its Learn more News WSJ: Polymarket paid creators to fake trades and wins in covert US social media campaign The revelations land at a sensitive moment for the prediction market industry, which has positioned itself as a credible real-money signal on political and financial outcomes and attracted significant

News Analysis Education Find a Broker Connect with us on your favorite social network This email was sent to << Test Email Address >> Why did I get this? Unsubscribe from this list Update subscription preferences Finance Magnates CY Limited 11 Apostolou Andrea Hyper Tower 3rd floor Mesa Geitonia, Limassol 4007, Cyprus investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences investingLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus