AGP Executive Report
Last update: 9 hours agoMarket Pulse: Oil volatility is back in focus as attacks in Saudi Arabia raise supply concerns, offsetting hopes that additional Russian diesel could ease pressure. U.S. futures were little changed ahead of bank earnings. Energy Outlook: Europe faces another year of high gas prices: storage is expected to reach just 75–78% by November, around 10 percentage points below its five-year average, leaving the region exposed to supply shocks. Industry Forecast: Global steel demand is expected to stay flat at 1.72 billion tonnes in 2026 before rising 1.7% in 2027. India remains a bright spot, with demand forecast to grow 7.9% this year. AI and Chips: TSMC is expected to post a sixth straight record quarterly profit, as strong AI-chip demand lifts forecasts. Trade and Food: Azerbaijan reported an $11.09 billion trade surplus, though real trade turnover fell 15.4%; drought in the Philippines is also cutting vegetable harvests and pushing up prices.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
