Today's brief ·
Oil eases on Iran talks, US inflation rises to 3.6%
Hopes for US–Iran peace talks pulled oil slightly lower, but Brent still settled near $115 a barrel. US growth was strong and inflation rose to 3.6%, which kept a December Fed hike in play and pushed gold towards $4,000. The ECB held rates and Christine Lagarde said she will leave early. South Africa's economy was found to be about 5% bigger than thought, and Kenya's October inflation comes out today.
- WorldOil slips on hopes of US–Iran talks, but stays near $115
- WorldUS economy grows fast, and inflation rises to 3.6%
- WorldECB holds rates as Lagarde says she will leave early; Bank of Japan holds too
- South AfricaSouth Africa's economy is about 5% bigger than thought; the rand dips
- KenyaKenya's October inflation is due today after 6.8% in September
- NigeriaThe naira firms to about ₦1,349 per dollar