The inventory report is released to subscribers and hit's media in the moments following.
Surveys show the expected headline for U.S. crude stockpilesrose 1.1 million barrels last week (via Reuters polling)
Government data, EIA, is due on Wednesday morning 10.30am US east coast time.
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Apollo Global Management is in talks to sell its $3bn BDC MidCap Financial Investment Corp after defaults jumped to 5.3% and the fund posted a $61m first-quarter loss, the Wall Street Journal (gated) reported.
Trump's $59M gold phone sales hit snag: 590K buyers wait, refunds uncertain. Vaporware fears rise.
Pimco's CIO warned the Financial Times (gated) that the Iran war's energy shock could make Fed rate cuts counter-productive and may even necessitate hikes, with Franklin Templeton echoing the concern.
OpenAI data center faces local ire, but developer pushes $16B project. Oracle's AI contracts boost valuation.
NVDA's 640% gain faces scrutiny. Strong revenue growth & $1T+ Blackwell opportunity vs. high valuation risks.
Mah Sing eyes AI boom w/ data centers, boosting 2025 sales to $633M & profit up 8%. Diversifying from residential.
PBOC is expected to set the USD/CNY reference rate at 6.7988 – Reuters estimate
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